Replies to post #61919 on Colorado Goldfields Inc (fka CGFI)

[sanbrunobaby]

There are various requirements usually reaching the total assets or net worth or profits is the biggest hurdle, and I believe one person controlling voting shares coudl be an issue. We are a long way from making a move up. Logical move would be to Canada but with share prices and issuances and past press releases this might be problematic.If I recall Amex was $4 million in assets or net worth.

[Akula42]

Here are the requirements for AMEX listing LJ

http://www.venturelawcorp.com/listing_requirements_amex.html

If I remember correctly, LODE had to maintain $2.00+ for 6 months after the 200:1 reverse split from GSPG before they were up-listed. Of course, they also changed to a competent management team, CEO transparency, and legit financing arrangement before any of that could happen.

Akula42

[lesgetrich]

RS won't do any good until revenue is flowing and company can show some real value/assets. Otherwise we'd just end up at the same price again in a few months. Once revenue flows pps will grow anyway. I agree, we need new investors. But I think best way to get them is some well timed pr's just before mill is set to go live. I think Guyer is waiting to get closer to that point before he hires a new IR rep. Not much for an IR guy to do until then but cheerlead.