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Re: vizioman post# 2473

Monday, 08/04/2014 1:39:24 PM

Monday, August 04, 2014 1:39:24 PM

Post# of 4147
not only no, but ..LL NO. Just dilution, forward looking statements a plenty, PLUS no BLM reclamation plans/approval in sight.

Some interested parties on other forums are suggesting there is a real water permit problem on this 25,0 0 0 acres of property. One imminently more qualified analyst than Peter Epstein from MYRIAD house, who goes by the name itinerant on SA revealed recently that in order for PGLC to achieve their 50K toz /yr production goals --touted by bond buy side house, Cantor-Fitzgerald-- PGLC needs to expand their operational leach pads from the two existing to several more concurrently operating, in total.

Shareholders should understand this is something that will take time to build--each and every pad--
and
each pad may need to pass another endless routes of inspections, including their tailings' ponds in order to protect what little aquifier layer remains in NV.

All those additional planned pads take enormous amounts of underground, aquifier depleting water to operate, something Nevada is horribly short on right now and into the foreseeable future, according to the national news coverage. Seen pix of Lake Mead lately? I'm guessing the big boys already operating there are opposing anything that might remotely impinge upon their own ability to get water and run existing operations, such as CDE-Rochester to the North of PGLC?


Same song,
Second verse.
Could sing more,
Sounds the same as the 1st.



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