UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549

FORM 10-QSB

(Mark one)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly period ended September 30, 2005

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period from __________to___________

Commission file number 333-105556

CAPITAL MINERAL INVESTORS, INC.
(Exact name of small business issuer as specified in its charter)

|Nevada
(State or other jurisdiction of incorporation or organization)                      | 25-1901892
(IRS Employer Identification No.)
|------------------------------------------------------------------------------------------ | --------------------------------------------
|9217 Pavilion Place, Mission, BC, Canada, V2V 6X6
(Address of principal executive offices)
|(604) 826-5520
(Issuer's Telephone Number)                                                
|(Former name, former address and former fiscal year, if changed since last report)        

Check whether the issuer (1) filed all reports require to be filed by sections 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorten period that the registrant was required to file such report), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] No [ ].

Indicate by a check mark whether the registration is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [ ] No [X].

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDING DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court. 
Yes [ ] No [ ].

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common equity as of the latest practicable date:

Outstanding as of October 31, 2005:  7,749,497 common shares

Transitional Small Business Disclosure Format (Check one):    Yes [ ] No [X]



PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

The following interim unaudited financial statement for the three-month period ended September 30, 2005 has been prepared by management.









CAPITAL MINERAL INVESTORS, INC.

(An Exploration Stage Company)

INTERIM FINANCIAL STATEMENTS

September 30, 2005

(Unaudited - Prepared by Management)

(Stated in U.S. Dollars)





















CAPITAL MINERAL INVESTORS, INC.

(A Nevada Corporation)

(An Exploration Stage Enterprise)

Notes to Financial Statements

September 30, 2005

(In U.S. Dollars)

(Unaudited)

Note 1.	ORGANIZATION AND NATURE OF BUSINESS

(a)	The Company was incorporated on December 31, 2002 under the Company Act of the State of Nevada, U.S.A., to pursue mineral exploration. The inception date is December 31, 2002. The fiscal year end of the Company is December 31.

(b)	Going Concern

These financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America applicable to a going concern which assume that the Company will realize its assets and discharge its liabilities in the normal course of business.  The Company has incurred losses since inception of $101,038 to September 30, 2005 and has working capital of $77,417 at September 30, 2005, which may be insufficient to cover operating expenses for the next twelve months. These factors create doubt as to the ability of the Company to continue as a going concern.  Realization values may be substantially different from the carrying values as shown in these financial statements should the Company be unable to continue as a going concern.  Management is in the process of identifying sources for additional financing for working capital and to fund the ongoing development of the Company's business.

Note 2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements of Capital Mineral Investors, Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America  (USGAAP).

Exploration Stage Enterprise

Capital Mineral Investors, Inc. is an exploration stage enterprise as it does not have an established commercial deposit and is not in the production stage.

Use of estimates

The preparation of financial statements in conformity with USGAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from those estimates.

Cash

Cash consists of cash on deposit with the Company's banker.

CAPITAL MINERAL INVESTORS, INC.

(A Nevada Corporation)

(An Exploration Stage Enterprise)

Notes to Financial Statements

September 30, 2005

(In U.S. Dollars)

(Unaudited)

Note 2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

Income Taxes

Provisions for income taxes are based on taxes payable or refundable for the current year and deferred taxes on temporary differences between the amount of taxable income and pretax financial income and between the tax bases of assets and liabilities and their reported amounts in the financial statements.  Deferred tax assets and liabilities are included in the financial statement at currently enacted income tax rates applicable to the period in which the deferred tax assets and liabilities are expected to be realized or settled as prescribed in FASB Statement No. 109, Accounting for Income Taxes.  As changes in tax laws or rate are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes.

Compensated absences

Employees of the corporation are entitled to paid vacations, sick days and other time off depending on job classification, length of service and other factors.  It is impractical to estimate the amount of compensation for future absences, and accordingly, no liability has been recorded in the accompanying financial statements.  The corporation's policy is to recognize the costs of compensated absences when paid to employees.

Net profit per share

The Company adopted Statement of Financial Accounting Standards No. 128 that requires the reporting of both basic and diluted earnings per share.  Basic earnings per share is computed by dividing net income available to common shareowners by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contacts to issue common stock were exercised or converted into common stock.  In accordance with FASB 128, any anti-dilutive effects on net loss per share are excluded.

Disclosure about fair value of financial instruments

The Company has financial instruments, none of which are held for trading purposes. The Company estimates that the fair value of all financial instruments at September 30, 2005 as defined in FASB 107, does not differ materially from the aggregate carrying values of its financial instruments recorded in the accompanying balance sheet.  The estimated fair value amounts have been determined by the Company using available market information and appropriate valuation methodologies.  Considerable judgment is required in interpreting market data to develop the estimates of fair value, and accordingly, the estimates are not necessarily indicative of the amounts that the Company could realize in a current market exchange.

CAPITAL MINERAL INVESTORS, INC.

(A Nevada Corporation)

(An Exploration Stage Enterprise)

Notes to Financial Statements

September 30, 2005

(In U.S. Dollars)

(Unaudited)

Note 2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

Concentration of credit risk

Financial instruments that potentially subject the Company to a significant concentration of credit risk consist primarily of cash which is not collateralized.  The Company limits its exposure to credit loss by placing its cash and cash equivalents with high credit quality financial institutions.

Long-lived assets

Statement of Financial Accounting Standards No. 121, "Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of," requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset in question may not be recoverable.  This standard did not have a material effect on the Company's results of operations, cash flows or financial position in these financial statements.

Fixed Assets

Fixed assets are stated at cost less accumulated depreciation.  Depreciation is based on the declining balance basis at the following rates:

Computer	-	30% per annum

Office equipment	-	20% per annum



CAPITAL MINERAL INVESTORS, INC.

(A Nevada Corporation)

(An Exploration Stage Enterprise)

Notes to Financial Statements

September 30, 2005

(In U.S. Dollars)

(Unaudited)

Note 2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

Stock-based Compensation

SFAS No. 123, "Accounting for stock-based compensation" permits the use of either a "fair value based method" or the "intrinsic value method" defined in Accounting Principles Board Opinion 25, "Accounting for stock issued to employees" (APB 25) to account for stock-based compensation arrangements. There are no stock options outstanding on June 30, 2005.

Mineral property acquisition costs and deferred exploration expenditures

1. Mineral property acquisition costs are expensed.  Exploration costs and mine development costs to be incurred, including those to be incurred in advance of commercial production and those incurred to expand capacity of proposed mines, are expensed as incurred while the Company is in the exploration stage. Mine development costs to be incurred to maintain production will be expensed as incurred.  Depletion and amortization expense related to capitalized mineral properties and mine development costs will be computed using the units-of-production method based on proved and probable reserves.
2. US GAAP requires that whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, the entity shall estimate the future cash flows expected to result from the use of the asset and its eventual disposition.  If the sum of the discounted future cash flows is less than the carrying amount of the asset, an impairment loss (difference between the carrying amount and fair value) should be recognized as a component of income from continuing operations before income taxes.
3. Where properties are disposed of, the sales proceeds are, firstly, applied as a recovery of mineral property acquisition costs, and secondly, as a gain or loss recorded in current operations.

Note 3.  RELATED PARTY TRANSACTIONS

The amount of loans from related parties of $26,341 as at September 30, 2005 represents loans from directors, officers, and shareholders of the Company, Messrs Jerry Dibble and Phil Derry.  This amount is unsecured, non interest bearing, and has no specific terms of repayment, and accordingly, is classified as a current liability.

CAPITAL MINERAL INVESTORS, INC.

(A Nevada Corporation)

(An Exploration Stage Enterprise)

Notes to Financial Statements

September 30, 2005

(In U.S. Dollars)

(Unaudited)

Note 4.  CAPITAL STOCK

1. Authorized:  75,000,000 common shares with a par value of $0.001 per share.
2. Issued and outstanding common shares as at September 30, 2005, are as follows:





Note 5.  INCOME TAXES

The Company has losses that total $101,038 for income tax purposes that may be carried forward to be applied against future taxable income. The benefit of a potential reduction in future income taxes has not been recorded as an asset at September 30, 2005 as it is reduced to nil by a valuation allowance, due to uncertainty of the application of losses.

The income tax effect of temporary differences comprising the deferred tax assets and deferred tax liabilities on the accompanying consolidated balance sheets is a result of the following:



|                        | September 30, 2005
|----------------------- | ------------------
|Deferred tax assets     | $                 
|Valuation allowance     | $                 
|Net deferred tax assets | $                 

A reconciliation between the statutory federal income tax rate and the effective income rate of income tax expense for the period ended September 30, 2005 is as follows:





|                                  | September 30, 2005
|--------------------------------- | ------------------
|Statutory federal income tax rate | 34.0%             
|Valuation allowance               | (34.0%)           
|Effective income tax rate         | 0.0%              

Note 6.  FINANCIAL INSTRUMENTS

The Company's financial instruments consist of cash, accounts payable and accrued liabilities and loans from related parties.  It is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments.  The fair value of these financial instruments approximate their carrying values.

CAPITAL MINERAL INVESTORS, INC.

(A Nevada Corporation)

(An Exploration Stage Enterprise)

Notes to Financial Statements

September 30, 2005

(In U.S. Dollars)

(Unaudited)

Note 7.  PENSION AND EMPLOYMENT LIABILITIES

The Company does not have liabilities as at September 30, 2005, for pension, post-employment benefits or post-retirement benefits.  The Company does not have a pension plan.

Note 8.	MINERAL PROPERTY EXPLORATION PROGRAM

The Company plans to perform an exploration property program on a mineral property, which is 100% owned by Rod Husband, a director of the Company, and is held in trust for the Company. The property comprises one mineral claim covering an area totaling five square kilometers in British Columbia, Canada.

The exploration program is to include reconnaissance mapping and prospecting, geophysics geochemical sampling, and some mechanical trenching where warranted. Further programs of more advanced exploration, including a diamond-drilling program would be contingent on favorable results of each preceding exploration phase. The first phase program has been budgeted at $34,000, of which $4,480 has been expended to September 30, 2005. The second phase program is estimated to cost a total of $105,000.  Additional financing will be required for these programs.





ITEM 2. Management's Discussion and Analysis or Plan of Operations.

Some discussions in this report include a number of forward-looking statements that reflect our current views with respect to future events and financial performance.  Forward-looking statements are often identified by words like:  believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events.  You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report.  These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

We are a start-up, exploration-stage company, and have not yet generated or realized any revenues from our business operations.  Our common stock was approved by NASD for trading on the OTC Bulletin Board on October 19, 2005.  We are not a blank check company.  We have no intentions of merging with any other companies or allowing ourselves to be acquired by another company, or to act as a blank check company as that term is defined under Rule 419 of Regulation C under the Rules of the Securities Act of 1933.  We must raise cash in order to implement our plan and stay in business.

To meet our needs for cash we have raised $ 6,000 from our founders and $34,950 from our public offering filed with the Securities and Exchange Commission, which was effective September 26, 2003 (file number 333-105556).  The public offering was completed on March 23, 2004.  As we had not raised all of the money we needed from this offering, we had to find alternative sources, like a second public offering, a private placement of securities, or loans from our officers or others.  We have obtained demand loans of $51,340.73 from Jerry Dibble and Phil Derry, our officers of which $25,000 has been repaid in the quarter ended June 30, 2005, to leave a balance owed by the Company of $26,340.73 at June 30, 2005 and September 30, 2005. On May 3, 2005, we raised $140,000 through a private placement by issuing 1,400,000 shares of the Common Stock of the Company at the price of $0.10 per Share.  A Form 8-K was filed with the Securities and Exchange Commission on May 3, 2005.

With the newly raised funds, we will begin and complete Phase 1.  Phase 1 will take approximately 2 months and cost $34,000 of which $4,480 has been expended to September 30, 2005.  We would then start Phase 2 and complete Phase 2.  Phase 2 would take approximately 3 months and would cost $105,000.

We will be conducting research in connection with the exploration of the property.  We are not going to buy or sell any plant or significant equipment.  We do not expect a change in the number of our employees.

Limited Operating History-Need for Additional Cash

There is no historical financial information about our company upon which to base an evaluation of our performance.  We are an exploration stage company and have not generated any revenues from operations.  We cannot guarantee we will be successful in our business operations.  Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.



To become profitable and competitive, we conduct research and exploration of the property before we start production on any minerals we may find.  We are seeking equity financing to provide for the capital required to implement our research and exploration phases.

We have no assurance that future financing will be available to us on acceptable terms.  If financing is not available on satisfactory terms, we may be unable to continue, explore or expand our operations.  Equity financing could result in additional dilution to existing stockholders.

Results of Operations

From Inception to September 30, 2005.

We acquired our mining interest on a property located in British Columbia and are commencing the research and exploration stage of our mining operations on the property at this time.

Since inception, we have used our common stock to raise $6,000 from our founders and further raised $34,950 through our public offering. We have also obtained demand loans totaling $51,340.73 less repaid of $25,000 for net amount of $26,340.73 from our officers and directors, for the property acquisition, for corporate expenses and to repay outstanding indebtedness, which includes legal fees and auditing fees.  We have raised a further $140,000 through a private placement and paid back $25,000 to one of our officers as partial repayment of the loans from him to the Company.  Net cash provided by financing activities from inception to September 30, 2005 was $207,291, as a result of proceeds received from subscriptions of shares of the Company of $180,950 and $26,341 net advances from related parties.

Liquidity and Capital Resources

As of September 30, 2005, we have yet to generate any revenues from our business operations.

We issued 6,000,000 founders shares on March 4, 2003.  This was accounted for as capital of $6,000.  We further raised $34,950 in 2004 though public offering.  Shares of the public offering have been issued.  As of September 30, 2005, there has been no direct or indirect payment from the proceeds of our public offering to any directors, officers, person owning 10% or more of our shares or anyone else, any affiliates of the Company or others.  Since our inception, Mr. Dibble and Mr. Derry have advanced demand loans to us in the total sum of $51,340.73, which was used for organizational and start-up costs and the offering expenses and our public offering, legal fees and accountant's auditing fees.  The loans do not bear interest and have not been paid as of the date hereof.  Mr. Dibble and Mr. Derry agreed that except for the pre-paid offering expenses of this offering they will accept payment from us when the Company is able to pay back the demand loans.

On May 3, 2005 we raised $140,000 through a private placement and we paid back $25,000 to Mr. Derry as partial repayment of his loan to the Company.  As of September 30, 2005 the cash balance was $106,904 less accounts payable and accrued liabilities of $3,146, and loans from related parties of $26,341 for net working capital of $77,417.

As of September 30, 2005, our total assets are $109,399, and our total liabilities are $29,487.



ITEM 3.  Controls and Procedures

Based on their most recent evaluation, which was completed within 90 days of filing of this Form 10-QSB, the Company's chief executive officer and chief financial officer believe the Company's disclosure controls and procedures (as defined in Exchange Act Rule 13a-14 and 15d-14) are effective.  There were not any significant changes in the Company's internal controls or no other facts that could significantly affect these controls subsequent to the date of this evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.  The Company is presently unable to provide segregation of duties within the Company as a means of internal control.  As a result, the Company is presently relying on overriding management reviews, and assistance from its board of directors in providing short-term review procedures until such time as additional funding is provided to hire additional executives to segregate duties within the Company.

PART II - OTHER INFORMATION

Item 6. Exhibits



|Exhibit No.                                                                                                                               | Description                                     
|----------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------
|3.1*                                                                                                                                      | Articles of Incorporation                       
|3.2*                                                                                                                                      | Bylaws                                          
|4.1*                                                                                                                                      | Specimen Stock Certificate                      
|10.1*                                                                                                                                     | Hart Claims                                     
|10.2*                                                                                                                                     | Statement of Trustee                            
|10.3*                                                                                                                                     | Deed                                            
|31.1                                                                                                                                      | Rule 13(a) - 14 (a)/15(d) - 14(a) Certifications
|32.1                                                                                                                                      | Section 1350 Certifications                     
|*Filed as an Exhibit to the Company's Registration Statement on Form SB-2, dated May 23, 2003, and incorporated herein by this reference.





SIGNATURES

In accordance with the requirements of the Exchange Act, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated:  November 17, 2005

CAPITAL MINERAL INVESTORS, INC.

|BY: /s/ Jerry DibbleJerry Dibble
President and Director
(who also performs the function of principal chief executive officer)                       
|----------------------------------------------------------------------------------------------------------------------------------------------------
|BY: /s/ Phil DerryPhil Derry
Secretary and Director
(who also performs the function of principal financial officer and principal accounting officer)



Rule 13(a) - 14(a)/15(d) - 14(a) Certifications

I, Jerry Dibble, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Capital Mineral Investors, Inc.
2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;
3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respect the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report.
4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
5. designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
6. evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and
7. presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;
8. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):
9. all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and
10. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and
11. The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

|(Signature)
(Title)
(Date) | /s/ "Jerry Dibble"Jerry DibblePresident and Director
(who also performs the function of principal chief executive officer)
November 17, 2005
|-------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------



I, Phil Derry, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Capital Mineral Investors, Inc.
2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;
3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respect the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report.
4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
5. designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
6. evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and
7. presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;
8. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):
9. all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and
10. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and
11. The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

|(Signature)
(Title)
(Date) | /s/ "Phil Derry"Phil DerrySecretary and Director
(who also performs the function of principal financial officer and principal accounting officer)
November 17, 2005
|-------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------



Section 1350 Certifications

CERTIFICATE OF CHIEF EXECUTIVE OFFICER

Pursuant to 18 U.S.C. Section 1350

As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

I, Jerry Dibble, a Director and President, who also performs the function of principal chief executive officer of Capital Mineral Investors, Inc., certify that the Quarterly Report on Form 10-QSB (the "Report") for the quarter ended September 30, 2005, filed with the Securities and Exchange Commission on the date hereof:

1. fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and
2. the information contained in the Report fairly presents in all material respects, the financial condition and results of operations of Capital Mineral Investors, Inc.

| | By: | /s/ Jerry DibbleJerry Dibble
President and a member of the Board of Directors (who also performs the function of principal executive officer)
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------

A signed original of this written statement required by Section 906 has been provided to Capital Mineral Investors, Inc. and will be retained by Capital Mineral Investors, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.





Section 1350 Certifications

CERTIFICATE OF CHIEF FINANCIAL OFFICER

Pursuant to 18 U.S.C. Section 1350

As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

I, Phil Derry, a Director and Secretary, who also performs the function of principal financial officer and principal accounting officer of Capital Mineral Investors, Inc., certify that the Quarterly Report on Form 10-QSB (the "Report") for the quarter ended September 30, 2005, filed with the Securities and Exchange Commission on the date hereof:

1. fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and
2. the information contained in the Report fairly presents in all material respects, the financial condition and results of operations of Capital Mineral Investors, Inc.

| | By: | /s/ Phil DerryPhil Derry
Secretary, and a member of the Board of Directors (who also performs the function of principal financial officer and principal accounting officer)
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

A signed original of this written statement required by Section 906 has been provided to Capital Mineral Investors, Inc. and will be retained by Capital Mineral Investors, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.