Colorado resident Rocky Squirrel has engaged in various business ventures involving the mining of minerals in Colorado with Bullwinkle, Inc., a corporation incorporated in Colorado with its principal place of business in Utah. Dr. Peabody, the President of Bullwinkle, Inc., travels to Squirrel's offices in Colorado several times per year. Dr. Peabody has signed contracts in Colorado, and the joint ventures between Bullwinkle, Inc. and Squirrel are always carried out in Colorado. One of the ventures involved the mining of uranium in the mountains of Colorado. Squirrel found out that Bullwinkle, Inc. was conducting mining operations in violation of a federal uranium mining law. Squirrel sued Bullwinkle, Inc. under this federal law for $1 million in federal court in Colorado. Colorado's long arm statute extends to the full reach of what due process principles allow.

Bullwinkle, Inc. brings a motion to dismiss the action for lack of personal jurisdiction. How should the court rule on this motion. Please explain your answer.