I live here in Colorado and see the potential for this venture. I can also do some leg work, if needed to look beneath the veil of corporate presentations.
I live close to the corporate address and I can make a day trip (a long one) to Silverton at the opposite corner of the state, if there is any benefit in doing that.
At the moment, I am looking at the schedule they posted. Is there any reason to doubt it?
C. Stephen Guyer, Chief Financial Officer of Colorado Goldfields, stated, "We are effecting a reverse stock split to better align the stock price with the Company's accomplishments and operational objectives. Further, we have performed extensive multi-variate analysis surrounding this action. We believe this transaction will broaden our shareholder base, increase the appeal of the stock to investors, and help facilitate electronic transactions of our stock through DTCC. While reverse splits are sometimes viewed as a negative event, we strongly believe that this reverse split will provide benefits to our shareholders by improving trading accessibility and liquidity, thereby enhancing long-term shareholder value.
LOL, Even the shorts cant get this down into the .005's. You know its getting bad. We should have something news wise in a few weeks would be my guess. LJ
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