(PR-inside.com) http://www.cologold.com - Colorado Goldfields Inc. (OTCBB:CGFI) announces that the Company's Board of Directors has authorized a 30% (thirty percent) dividend of the Company's Common Stock for its Stockholders of Record as of Thursday, November 6, 2008. The Stock Dividend Pay Date to stockholders will be on Wednesday, November 26, 2008. The Company elected to reward those stockholders who had remained loyal to the Company despite adversities. Management hopes that this dividend would offset some of the losses suffered by the Company's stockholders caused by the very substantial fall in the Company's stock price in recent months. The board will ..
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