Content area
Full Text
M2 PRESSWIRE-June 22, 2010-ShamrockStocks.com: Lucky Picks of The Day: (OTCBB:CGFIA)- (OTCBB:DUCP)- (OTCBB:XDSL) (C)1994-2010 M2 COMMUNICATIONS
Rochester NY -- wwwQPSA.shamrockstocks.com names (OTCBB:CGFIA) Colorado Goldfields, Inc., (OTCBB:DUCP) Daulton Capital Corp., and (OTCBB:XDSL) mPhase Technologies, Inc. it's "Lucky Picks of the Day!
To feature your publicly traded company in our alers email us at [email protected].
Also, you can receive up to the minute stock alerts via our Twitter page. www.twitter.com/shamrockstocks
--------------------------------------------------------------------------------------------------------------------------------------------------------
Visit: www.shamrockstocks.com
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCBB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
News Today:
LAKEWOOD, CO, Jun 22, 2010 -- Colorado Goldfields Inc. (OTCBB: CGFIA) reports confirmation of its CEO's prediction on future gold prices of $1,250 per ounce as given in a June 3, 2010 interview on the Big Biz Show. On Friday June 18, 2010 gold reached another record high of $1,255.70 per ounce.
"There is a 'perfect storm' for gold," says Bill O'Neill, of LOGIC Advisors. "The metal has become the ultimate currency as few want to commit to the Euro, Pound or Yen. And while the U.S. dollar may be the best of a weak lot, it also holds little appeal. Central banks are lessening currency reserves within their asset portfolio mix and that seems likely to continue. Central banks will actually be net buyers of gold in calendar 2010 and I suspect 2011 as well."
For more background, note that President and CEO Lee R. Rice and CFO Stephen Guyer returned for a live television and radio simulcast interview on "The Big Biz Show with Sully and Russ T. Nailz," on June 3, 2010. Rice and Guyer updated listeners with current events of...