Pacific Gold Corp fka PCFG

[WhiteSahara]

Edited PCFG mine visit post, names were removed to protect the innocent:

We just returned from our PCFG visit and to Crescent Valley and the Pacific Gold Corp. processing site on Friday Sept. 15th. Nineteen miles south of I-80 on State Highway #306, we first stopped in Crescent at Sam's Corner Store to check the visibility of PCFG from some locals. I questioned a cashier behind the counter who spoke very little English and he pointed to a patron who had entered the store just after I had, a young mid-twenties friendly type named Daryl. To the question, “have you heard of Pacific Gold Corporation”, he immediately responded “sure I know where it is, my girlfriend works there”. He knew they had been operating for several months and said she was always busy there. He provided directions and they matched our information. Three miles south of Crescent Valley on the right, the PCFG site appeared. On our approach, looking west past the PCFG building, we could see a road with a vehicle making a sizable dust cloud heading our way.

We parked about 150 yards south of the facility by the PCFG sign and the entry gate and a worker immediately began walking toward us. They worked doing whatever needed to be done including security. The “Keep the Gate Closed Sign” was prominent so my first words were , “I'm sorry to make you walk all the way over here just to close the gate”. Motioning toward a second fence to the west, they replied, “the gate was for keeping cattle in but we put that fence up so we could have the gate open”. Their first question to me was “What can I help you with”. I replied, “I'm a PCFG shareholder and would like to take a look at the facility”. The answer was firm when answering “no”. There would be no visit inside the fence. The worker was friendly when answering other questions. I had no pre-prepared questions and expected no answers but they spent a minute or so answering and talking with me.

Does Management visit the site very frequently? The reply, “Mitch and Rob come by about once a month. The use of their names was familiar and easy as if referencing old friends. You could tell they liked and was comfortable with them.

How many shifts per day? “Just one for now”

Are you working weekends? “No, just Monday through Friday”.

Are you busy during your shifts? “Yes, very busy”.

Is the plant operating as planned? “Yes”.

Do mind if we spend some time observing and taking pictures? “No”.

They worker walked back onto the property and we looked for the most advantageous positions to take photographs. Highway 306 is listed at 70 mph and is very busy with mining type equipment, haulers and personnel and the easements on either side were very narrow. It was unnerving to be parked so close to such a busy road with very large vehicles flying past at such a high speed. We spent two hours watching, videoing and observing.

We saw 9 private personal vehicles on site. We saw at least ten workers there. We observed Komatsu HM400 trucks, at least three at once return from the mine site west of the facility and dump their placer gravels in a pile south of the building. Each truck would then drive several dozen yards to the north and west and park by a much larger pile of already processed gravels/soils. The Komatsu 470 front loader would then load five buckets of the much wetter, sometimes muddy gravels/soils into each HM 400 and they would return up the dusty hill and out of sight. This process was repeated every half an hour as they continued cycling back from mine to dump their “ore”, pick up a load of processed soil/gravel and haul it back to the mine for remediation work. Every two cycles, the water truck would accompany the trucks back the mine to water down the processed soils as we saw no watering of roads. The soil movement part of the mining process was extremely active. The mine from which they were hauling soils appeared to be a mile & a half to two miles to the west. The logistics are well planned in my opinion. The facility is easily accessed from the road and the mine is close enough to cycle soils quickly and with low cost.

With regard to the building and actual processing of ores. We did not see the loading and output conveyors operate at all. We could see up to four men inside the building and could hear some the sound of some type of equipment operating but could not see any movement from multiple locations. The fence closest to the facility is opaque from the road and gives no easy looks.

Water for the site is via well. We heard the front loader operator ask another worker if they knew how to turn the well on and off. He then showed them the procedure. The well head is controlled by a fire hydrant type apparatus and a fire hose sized tube. I believe that is the reason we have the geo-tubes as PCFG has water use limitations. They lose a lot of water in the soils they process and the geo-tubes are huge conservators of the precious commodity.

Overall impressions? Based on the amount of activity with the huge trucks hauling in new ore gravels and hauling processed muddy soil/gravels back for remediation, it is a very busy site. The workers all kept busy and worked well past noon without breaks. They all seemed to know their jobs and kept busy working as teams. It seemed to us that the internal processing equipment can ramp up to have much more capacity than we presently observed. My belief in management is extremely strong and supportive. I believe they are and have been very forthright and honest with us with regard to press releases. Yes,we are presently a small mining operation but there is room for growth and we are surrounded by other highly successful mining operations. I really like this little company and see great things continuing to happen. I have more confidence than ever before.

Items we could inventory easily?

At least ten workers
1-Water Truck, probably around 2000 gallons
2- Komatsu 470 front loaders
3-Komatsu HM400 articulated trucks:
http://www.komatsu.com/CompanyInfo/profile/report/pdf/148-06_E.pdf
1-Komatsu Road Grader model 655
1- Backhoe

Trip to the Teddy mine.

After visiting the Crescent Valley, we drove back to I-80 and drove west for three plus hours and exited the Freeway north at Highway 447 through Wadsworth for some reconnaissance. We found a very broad and heavily used road and used our two GPS's to drive to within a couple of miles of the Teddy property. There are mines and activities in every direction near the Teddy sight. Nearby, entire mountains are being consumed by heavy equipment. We had to meet a family member in Reno for the Air Races so we turned around to meet our appointment time. We planned on returning on Saturday to complete the visit.

We attended and enjoyed the wonderful people, aircraft and races at the Reno Air Races all day Friday until the tragic late afternoon crash and death of Jimmy Leeward, many spectators and the destruction of the P-51 Mustang the Galloping Ghost late in the afternoon. The horrific accident happened at our section and we at one point were directly in the path of the doomed pilot and aircraft. Jimmy Leeward is a HERO and his actions saved hundreds including my wife, sister and myself who were briefly in harms way!!! He made two distinct jerky adjustments to the planes trajectory in the micro seconds before its impact that enabled the aircraft to avoid hundreds of people in the E Section reserved seating grandstand. Jimmy and his beautiful aircraft hit the tarmac just feet beyond the grandstand but unfortunately, he could not avoid the people on the ground in the box seats. Our thoughts and prayers go out to Jimmy's family, who were present at the race, to the injured and dead and their families and friends. We have nothing but praise for the City of Reno's EMT's, hospital personnel and Police and their emergency preparations. They were professional and phenomenal in their quick and earnest reactions and aid to the affected. There were hundreds involved in treating the dead and wounded. The experience was so sobering, traumatic and emotional that we did have the temperament to revisit the Teddy mine area but left immediately to drive back home.

The video's were taken with our camera and has no image stabilizer so it's very functional but a bit shakey. We feel they are very factual and informative but I apologize for the amateur nature.

Youtube is not allowing me to post my videos. When typing in to set up an account it claims the email address is already being used. When I try to reset the password, it says no account is set up by the email address. If someone wants to provide an email address, I will forward the videos so they can be posted for the board.

Thanks.