Posted On: 07/18/2012 7:48:40 PM
Post# of 262
$CFGX a/h news: Tests-Confirm-Gold-@-St.-Louis-Mine
Press Release: Capital Financial Global, Inc.
CFGX 0.0053
SALT LAKE CITY, July 18, 2012 /PRNewswire/ -- Capital Financial Global, Inc. (CFGX), announced today that it has received the lab results from an additional 10 samples pulled from its distressed St. Louis Mine. The results are as follows:
"We are in the process of compiling enough hard data to put together a NI 41-101, which will allow us to list the true value of the mine on our balance sheet," said Mr. Paul Norat, CEO of Capital Financial Global, Inc. "Right now, due to GAAP guidelines, we have the asset listed at our purchase price, which we feel dramatically understates what we really have. When this process is completed, our shares will be dramatically underpriced, that's for sure."
More details about this can be found on the Company's website at:
Press Release: Capital Financial Global, Inc.
CFGX 0.0053
SALT LAKE CITY, July 18, 2012 /PRNewswire/ -- Capital Financial Global, Inc. (CFGX), announced today that it has received the lab results from an additional 10 samples pulled from its distressed St. Louis Mine. The results are as follows:
"We are in the process of compiling enough hard data to put together a NI 41-101, which will allow us to list the true value of the mine on our balance sheet," said Mr. Paul Norat, CEO of Capital Financial Global, Inc. "Right now, due to GAAP guidelines, we have the asset listed at our purchase price, which we feel dramatically understates what we really have. When this process is completed, our shares will be dramatically underpriced, that's for sure."
More details about this can be found on the Company's website at:
(0)
(0)
