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This quarter will probably be flat (break even) due to various factors such as getting the machinery to operate efficiently and the small accident.
Plus I don't think this quarter will take into account all 8 geotextile tubes operating as we were still operating on 4 at the end of Q4 2011.
I think Q2 of 2012 will be the one for PCFG.
The key to PCFG success is $2000+ gold and finding the sweet spots in the ground which I suspect is what they are doing. The gold is not evenly distributed over the mine. Turning a small profit isn't enough to make the share price pop. We need really good numbers.
Remember when PCFG invested its initial $5 million years ago the business plan was for $700 gold.
Q3 and Q4 with the permitted expansions, all 8 tubes operating & higher gold prices should see PCFG in a very comfortable and profitable position, with extra cash to expand mining operations even further. We may even touch $2500 gold depending on how things unfold globally.
I think they got it the way they want it for now and theyre just mining this winter and were waiting on the pr for it.Im heading to work you guys have fun today.Good luck to all of us
YW Theres always something to learn isnt there.
GM TJ, SN and all. gold held $1,700 over night, just might be going higher.. Z
TJ thanks for PM ... I´m an IT guy but didn´t know what you can actually do with PDF files ... I´ll save that message as it could be useful in future ... still learning after all these years
LOL.I was using allot of aspirin this week.
I think the second half of 2012 will be more suspensfullthan the first half
Hindsight of Idiots is better than the Foresight of Geniuses ...
But I guess we must wait till 31st March to get the news ...
... I hope they´re not a day late in filing as that will make FOOLS out of all of us
GFTA
Welcome back Robo ... I noticed that ... now I just hope we see FWF back here as well.
G´Day PCFGers and Trapper ... wow if you can do something as difficult as this surely PCFG are pulling big huge gold nuggets out of the ground as we speak / dream ...
PCFG still the 11th most read board.... even with the lack of action these past few months... interesting. Maybe still in the sights of some investors waiting to pull the trigger?
Anyone planning to do a drive by to the mill before the end of the month? I think another video of more production would help.
JMO, looks like PCFG wants to permit, more than 40,000 yards a month
LOL not sure what i did, You can use that Mammoth, i think it fit,s. going back to the DOG, maybe i,ll buy him a chain
I agree and Im looking forward to getting behind in the news.
Thanks hinkydink.Im literally waiting on THE BIG PR
Hindsight is 20/20. I tend to agree that information going forward, at least for awhile, will be rearview mirror. No use putting something out there that can missed.
Good point and good catch on the difference in the nature of the PR's. Perhaps it indicates that there will be some nice "past tense" news in the next release.
Thats why I think were gonna get a past tense PR that says PCFG has received X amount of money from the sale of X ounces just like a regular mining company would PR after the sale.
Has anyone else noticed how the PRs have changed.They used to give one announcing upcoming events like this one last Sept. http://www.marketwire.com/press-release/pacific-gold-corp-geotextile-tube-edc-approved-pink-sheets-pcfg-1560327.htm
September 13, 2011 09:00 ET
Pacific Gold Corp.-Geotextile Tube EDC Approved
TORONTO, ONTARIO--(Marketwire - Sept. 13, 2011) - Pacific Gold Corp. ("PCFG") (OTCQB:PCFG)(PINK SHEETS:PCFG) is pleased to announce that Nevada Rae Gold, Inc., ("NRG") a subsidiary of PCFG, has received permission from the Nevada Division of Environmental Protection ("NDEP") for its' Engineering Design Change to build a field hosting 8 additional geotextile tubes at the Black Rock Canyon Mine. The Company has ordered the appropriate liners and parts, and the Company plans to begin construction on the field as soon as the supplies are on site. Once completed, an as built review by the NDEP will be required prior to the operation of the new field of geotextile tubes.
AND THE LAST COUPLE HAVE BEEN PAST TENSE.
http://www.marketwire.com/press-release/pacific-gold-corp-new-geotextile-tube-field-approved-pink-sheets-pcfg-1591642.htm
TORONTO, ONTARIO--(Marketwire - Nov. 28, 2011) - Pacific Gold Corp. (OTCQB:PCFG)(PINK SHEETS:PCFG) -
Pacific Gold Corp. ("PCFG") is pleased to announce that Nevada Rae Gold, Inc., ("NRG") a subsidiary of PCFG, has received permission from the Nevada Division of Environmental Protection ("NDEP") to begin operating the new geotextile tube field hosting up to 8 additional geotextile tubes at the Black Rock Canyon Mine. The field construction is complete and 4 additional tubes have been laid down to begin use immediately.
Heres another one the last one we got. http://www.marketwire.com/press-release/pacific-gold-corp-new-equipment-purchase-and-installation-pinksheets-pcfg-1597307.htm
TORONTO, ONTARIO--(Marketwire - Dec. 12, 2011) - Pacific Gold Corp. (OTCQB:PCFG)(PINKSHEETS:PCFG) -
Pacific Gold Corp. ("PCFG") announced that Nevada Rae Gold, Inc., ("NRG") a subsidiary of PCFG, has purchased a 36" twin sand screw for use at the Black Rock Canyon Mine. The sand screw works with the plants' hydro cyclone to remove larger particles of sand prior to the process slurry being fed to the geotextile tubes. The removal of this larger sand reduces the volume of material being fed to the geotextile tubes and helps to manage the clean-up of tailings from the hydro cyclone.
Nevada Rae Gold has already received approval from the NDEP and has completed the installation of the new equipment.
Triggers are a nice thing to have. ;) I still don't think the next news is going to be all that great for the next quarterly report due since it would be discussing Q4 which didn't go all that well. Unless there's a surprise, I don't expect much of a gain. I suspect Q1/Q2 reports would be favorable if they're pulling it off in a good way.
\\//_
Ya, you got that right, we all hope that it turns out well and most of us will be cheering when you'll have to chase it up (hopefully not too fast so you can climb aboard and reap the profits as well, LOL)
tic toc, we are getting nearer to getting news.GLTY
Good to have you back.
All speculative numbers and projections. What happened last year was also stated it's more than just a wild guess, this and that should be happening based on vague filings and PRs.
Interesting thing about the brain, people forget the bad stuff and tend to hone in on the good stuff once the news has settled then faded away. Human nature. But then there are some who just can't let it go. :)
There's reason why PCFG is hovering where it's at now and barely holding at these levels, there's no hard factual numbers put out yet.
I do honestly hope it turns out well so I can chase this up. If not, no loss to me. :)
Rob and Mitch , Sorry I was so hard on you about the daily POG updates on Twitter.
I kind of miss them now . I felt a little more secure knowing someone was out there even though it was only the POG.
Anything was better than the silence over the last 3 months.
I still think a web page update even with pictures of the twin screws is needed.
Your welcome Kooks
I got my headache learning how.But now its easy LOL.Cool mammoth pics
Thanks LMPA and TRAPPER JIM
I really appreciate your inputs. i am confident we will see a giant increase in the pps in the near future. if the company is indeed mining gold ( which is ruling at $1700) we should see solid profits and excellent news--PR :)
Well, the projections of the Lessor of the North Pipeline acreage that is in the PCFG area, Bullion Monarch (BULM) indicated in their recent SEC filings indicate that the beleive they will get $240,000 out of PCFG operations at Black Rock Canyon mine in 2012. I bet there is more to that than just a wild guess, as they should be getting payments from PCFG by now on gold revenue dating back to July.
BULM's cut is 4% net smelter royalty, so that would put the gold revenue for PCFG at $6 Million for 2012. I don't see that BULM has a history or reason to pump this number either, as they are already getting bought out by Eurasian Minerals so where's the motive to pump the numbers, if that is the case?
So, what do you think the PE ratio should be if we see that kind of E?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72829675
Wink and a smile.
Good to see you off the leash.
Chit gives me a headache, but we are getting their.
http://www.freakingnews.com/Surfer-Mammoth-Pictures-27972.asp
Welcome back RoBo. Getting close to PR.
I'm so sorry to hear that you got sucked into this. This company has failed miserably at every turn to meet their stated public gold recovery projections and in fact, didn't publicly announce the major problems they were having and some pretty wild projected numbers were being calculated on IHub without knowing about those issues, then PCFG dropped the bomb in the 3Q report. That was considered "solid" DD for a number of traders just over 6 months ago, the pps has been in the toilet since then and chances are, it will never recover due to lack of market confidence. Will they pull it off given their history? Probably not. Do traders hope and pray they will? Absolutely. But that's all it is for traders right now, a prayer.
(post three - shackles are free) ;)
\\//_
Don't take the blame on that, blame the company, they just haven't been able to hack it. I mean come on.. no PRs.. stupid twitter account.. failed projections.. like I said 6 months ago, PCFG just isn't ready to play with the big boys and chances are, they never will be.
\\//_
I once crashed the entire market. I think it was in 2008. Now I am a little gun shy. But i'm long PCFG.
Al.. dude... keep up... I hope you don't invest on news long gone past.. :)
\\//_
I feel your pain! Happens almost every time to me. Part of the process of investing, I suppose....... Sigh...........
production is no bull chit, it,s happening. longs will be rewarded
I did it rocco I converted the PDF to JGP
And heres the property they plan on permitting this year to start mining operations on next.You see where it says Main Alluvial Placer Area on the map below.That is section 26 that Fernley Gold owns PCFGs subsidiary.The pointer arrow is actually touching Fernleys property known as the Buthcer Boy claim.Go down 1 square and to the right 1 square you see the number 36..Heres a water rights map of section 26 in the name of John V,Mongolo look down 1 square and to the right 1 square you will see the number 36.Its in the lower right hand corner as they touch diagonally http://images.water.nv.gov/images/Permit%20Maps/36000/36314m.pdf and heres Butcher Boy mines with the other Mongolos Jack and Beth BUTCHER BOY MINES, INC.
http://www.nvannualreport.com/entities-DPC-BUTCHER-BOY-MINES-INC.aspx
Glad to see you purchased again. Solid DD by many here, but the actual pictures and video are what solified for many of us to wait it out. The silence is for a couple reasons we suspect, they took alot of heat for projecting numbers that didn't materialize and many of us emailed as such. I felt like don't tell me what I want to hear, tell me what actually happened after the fact. Others have thrown out the idea that a larger company could be looking at them... I tend to think the 1st but what do I know... I personally can't possibly see how the price could go much lower than 1.4 or so based on the information. It will get interesting here over the coming months.
I purchased 33,000 shares of PCFG today. FINALLY.
I entered the race BECAUSE i believe some diligent guys here did some solid DD and got a Video of some actual mining taking place on PCFG mines.
I know the management has gone completely silent (never a good thing for pennies... is there bad news?) but THEN i thought to myself the DD does NOT concur with that... there is some mining happening and there is ( if i am not mistaken) proven gold reserves. and its also true that THEY HAVE MINED gold in the past. so i told myself how low can this go? for a junior gold mining company which is actually mining some gold- how low can it go????? not MUCH lower than 0.015-- the price of purchase. so i thought about the upside potential-- if the news is good, then PCFG will go back to 0.05 levels and i get a 300% + increase. these thoughts made me buy the shares. i am in now for a long time. i just hope some news comes fast. would anyone pls like to tell me about the DD which was circulated here few days back.. thanks in advance. i would also welcome prudent thoughts and opinions on pcfg as an investment( pros n cons ) did i make the right choice?
If one day volume picks up big and share price goes up nicely, that will be the sign to buy PCFG! Next movement will be huge!
Same for me... or I sell a stock and it goes up immediately after I sell...
exactly how it goes for me
I'm sorry guys it must be my fault. I wait and wait for my powder to clear and then I buy my shares with great excitement....and then it drops lower. Must be me. I should shower. I must be the stink here. ;)
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Welcome to the PACIFIC GOLD CORPORATION Board
,
COMPANY INFORMATION
WEBSITE: http://www.pacificgoldcorp.com
ADDRESS: Toronto HQ
Pacific Gold Corporation
477 Richmond Street
Toronto, Canada M5V 3E7
647-288-1508
CONTACT: Mitchell Geisler 416-214-1483 www.pacificgoldcorp.com
TICKER: PCFGSHARE STRUCTURE: (updated 2/22/14)
A/S is 3,000,000,000
O/S is 395, 366, 031
TRANSFER AGENT: "Olde Monmouth" (732) 872-2727
MARKETPLACE: Market Tier of the OTC http://www.otcmarkets.com/stock/PCFG/quote
MANAGEMENT
Rob Landau
CEO, Chairman
Mr. Landau has been the president and director of ZDG Investments Limited since May 1999. Mr. Landau's experience includes the founding and financing of development stage businesses. Previously, he was an Actuarial Consultant with a large multi-national consulting firm. He has a Bachelor of Commerce - Actuarial Science and Finance degree from the University of Toronto in Toronto, Ontario, Canada. Mr. Landau will be responsible for the overall operations and direction of the Company. Mr. Landau has also joined the Board of Directors.
Mitchell Geisler
COO Director
Mr. Mitchell Geisler has been the president and chairman of the board from January 2001 to April 2005 when he became the chief operating officer upon the appointment of Mr. Landau as chief executive officer. Mr. Geisler has been the treasurer and secretary of the company since October 2002. Mr. Geisler has more than 15 years of experience in the hospitality and services industry. From 1998 to 2001, Mr. Geisler was president and operator of the Toronto-based 52 Restaurants Inc. Mr. Geisler is a graduate of Toronto's York University in Toronto, and also studied at the University of Tel Aviv. Mr. Geisler, until June 2003, was a director and president and treasurer of GL Energy and Exploration, Inc., a development stage company engaged in the mineral exploration business. Mr. Geisler was also a director of Uranium Strategies, Inc., both mineral exploratory stage companies.Cindy Roach
Human Resource Consultant
Ms. Roach has over 16 years experience as an executive and consultant with group benefits and human resources administration. From 1990 to 2000, Ms. Roach was a group benefits consultant with a multi-national benefit consulting organization.John A. Rae
Consultant, P.Geo
Mr. Rae has been with Pacific Gold Corp since 2003 and currently acts as a consultant on the matters pertaining to our alluvial projects and operations. Mr. Rae is a registered professional geoscientist and project manager with more than 30 years experience working in many different areas of the mining industry. Mr. Rae's experience includes the design, implementation and management of mining projects from grassroots exploration to commercial production.
PCFG HISTORY
A "must read" concise history of PCFG by Ihub poster- Foxwood
Part 1: http://investorshub.advfn.com/boards/manage_msg.asp?message_id=68708849
Part 2: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68720624
PCFG BUSINESS PLAN
Pacific Gold Corporations plan provides for the acquisition and development of production-ready and in-production minng operations. Pacific Gold Corp. is currently focused on gold and alluvial base metals operations based in Western North America. Pacific Gold currently owns and operates four operating subsidiaries. Nevada Rae Gold Inc. currently owns and operates the Black Rock Canyon Mine located in north-central Nevada, the Pilot Mountain Reserves owns Project W, a large tungsten based deposit. Fernley Gold Inc., has acquired the exclusive lease rights to mine the Lower Olinghouse placers. Pacific Metals Corp. owns 24 unpatented lode mining claims in San Juan and Delores Counties, Colorado immediately south west of Bolam Pass.
PROPERTY INFORMATION
Nevada Rae Gold Inc., located in the Cortez Trend, "second-largest known gold resources in the world"
http://goldinvestingnews.com/world-class-gold-deposits/the-cortez-trend-nevadas-biggest-gold-fieldhttp://silverbearcafe.com/private/cortezover.html
http://www.safehaven.com/article/2702/the-cortez-story-part-four-profiles-of-sample-junior-players-1
Pipeline Mine areaJuly 27, 2011 PCFG announced that Nevada Rae Gold (NRG) had began production of gold from gravel screening at Black Rock Canyon Mine (BRCM) on Jule 13th. The Company also started shipping gold to the refinery for credit to their account.
Gold Production Initiated
August 2, 2011 ("NRG") a subsidiary of PCFG, has entered into a lease agreement with the owners representing a group of additional claims adjacent to NRG's existing leases and claims in Crescent Valley. This new group of claims is referred to by NRG as the B&B claims. NRG has agreed to lease a 75% interest in the B&B claims.The B&B claims area encompasses almost 2,000 acres of additional federal mining claims containing gold bearing gravels. The B&B claims more than double NRG's existing land area in Crescent Valley at the Black Rock Canyon Mine. The B&B claims have been previously researched and explored and have gold resources described in the Bharti Engineering and Robertson Research reports. The Bharti report outlines the total Crescent Valley resource as being almost 2 million cubic yards of proven gold bearing gravels, 12.6 million cubic yards of probable gold bearing gravels, and 30 million cubic yards of potential gold bearing gravels.
Production at BRCM since July 13th has totaled approximately 9,600 tons or about 6,500 yards of gravels. The processed gravels comprised the entire remaining stockpile at the BRCM as of June 30th. Included in the stockpile were mostly those gravels which the Company has identified as 'mudflow' as well as a limited amount of gravels that the Company considers normal 'pay' gravels (gravels that the Company has identified as its main resource). From the stockpile gravels the Company produced approximately 30 ounces of gold. The overall gold grade of the stockpile amounted to approximately 0.2 g/yd3. The mudflow which was a large portion of the stockpile had an average gold grade of about 0.1 g/yd3. The grade of gold within the pay gravels of the stockpile were between 0.3 and 0.4 g/yd3. Due to the commingling of the gravels over time (the stockpile was mined in 2007) an exact number for the pay gravels was more difficult to determine. The stockpile was mined mostly from the mudflow section (the mudflow being discovered by the Company through a seismic study on the drainage area) as part of a previous plan by the Company to test the gold grade of the mudflow, as this area was not previously mentioned in the historical reports describing the claims and leases of the Company. As a result of now processing a section of the mudflow and its apparent lower gold grade, the Company has decided to not currently mine any more of the mudflow material but to focus on its' previously identified pay gravels for the remainder of 2011. Depending on the world spot price of gold, the Company may return to new areas of the mudflow in the future. The mudflow is located underneath the pay gravels in the deposit and is relatively easy to bypass when mining.
Results of Gold ProductionFernley Gold Inc. Property
A subsidiary of Pacific Gold Corp., entered into a lease agreement in 2004 for the right to mine 36 claims covering 640 acres of the Lower Olinghouse Placers. The claims are known as Butcher Boy and Teddy, and are located approximately 34 miles east of Reno, Nevada just off Interstate 80. From historical reports, the Butcher Boy and Teddy Claims contain up to an estimated 445,000 ounces of gold in up to an estimated 30,000,000 cubic yards of alluvial gravels. The average estimated grade is 0.4 grams per cubic yard. This property is located in a rich mining area with extensive historical data available, including test and sampling results. The lease offers the exclusive right to mine for placer and lode gold, as well as other minerals and metals. In 2007 Fernley Gold, Inc. performed a limited sampling program that confirmed estimated gold grades as indicated in the Historical reports. The Company has filed a Plan of Operations with the BLM to begin mining operations. Once the plan is approved, the Company plans to begin mining and screening gravels on the claims and then process the concentrated ore offsite. Prior to beginning mining operations the Company plans to complete a seismic survey in order to acquire a complete picture of the gravel deposits.Pilot Mountain Resources Inc. Property
PMR is a wholly-owned subsidiary of Pacific Gold Corp., owns 30 unpatented mining claims covering 600 acres in Mineral County, Nevada, approximately 168 miles from Reno, Nevada, and about 21 miles east of the town of Mina.The claims cover a tungsten deposit with known mineral resources previously established per a pre-feasibility study prepared by Kaiser Engineers in the early 1980's. Resource estimates are over 9,000,000 tons and approximately 35,000 tons WO3, grading 0.386% WO3. Additionally there is the potential for significant copper, zinc and silver credits.
PMR Sales Option AgreementOn February 10, 2011,Pilot Mountain Resources Inc. ("PMR"), a 100% subsidiary of Pacific Gold Corp., entered into an Option and Asset Sale Agreement ("Agreement") with Pilot Metals Inc., a subsidiary of Black Fire Minerals of Australia, whereby Pilot Metals has secured an option on the Project W Tungsten claims owned by PMR.
The basic monetary terms of the Agreement call for Pilot Metals to pay PMR $50,000 for a 100 day due diligence period on the PMR mining claims. Within the initial 100 day option period, Pilot Metals has the right to exercise an additional 24 month option on the PMR claims by paying to PMR a further $450,000. During the 24 month option period, Pilot Metals may conduct physical due diligence work including sampling, drilling or any other work on the claims it deems necessary.
At any point prior to the conclusion of the 24 month option period, Pilot Metals may exercise an option and election to either purchase 100% of the PMR claims, for $1,500,000, paid as three annual installments of $500,000 each, and an additional $1,000,000 payment to PMR on the commencement of commercial mining operations, or Pilot Metals may elect to enter into a joint venture with PMR for the mining claims by paying a further $1,000,000 to PMR paid as two annual $500,000 installments, with each company owning 50% of the joint venture.
The total amount eventually paid to PMR will depend on Pilot Metals acceptance or decline of the options available. If Pilot Metals elects to exercise the second option and not proceed with the purchase or joint venture then PMR would receive a total of $500,000 but retain ownership of the claims. If Pilot Metals exercises the second option and then further elects a joint venture, then PMR would receive $1,500,000 in total and retain a 50% ownership of the claims. If Pilot Metals elects to exercise the option and then purchase the claims, then PMR would receive $2,000,000 plus an additional $1,000,000 when commercial production commences for a total of $3,000,000.
Legal Dispute on PMR
April 15, 2011 PCFG claims that they purchased 100% the Pilot Mountain Resource property from Platoro West Inc. in 2006. Following the announcement by PMR of the sales option to Pilot Metals Inc., a Black Fire Minerals subsidiary, Platoro West made a counter claims of ownership of the property. An additional diligence period was required in order for Pilot Mountain to conduct a quiet title action in Nevada to eliminate any potential third party claims against the Project W mining claims.
Resoluton of PMR Ownership
The Company's subsidiary Pilot Mountain Resources, Inc. ("PMR") has settled its Quiet Title action with Platoro West Inc. ("Platoro"), Wolfranium Resource Corporation, and William Sheriff. Under the terms of the settlement PMR is required to pay to Platoro 15% (fifteen percent) of all proceeds received from Black Fire Minerals subsidiary Pilot Metals under the option agreement between Pilot Metals and PMR. If Pilot Metals elects to not exercise its options then PMR will have two years to complete a new mining feasibility study on the Project W claims in order to retain ownership of the claims. Rob Landau CEO of PCFG stated; "We felt that our claim to title was very strong, however the length of time and money involved in fighting the dispute was considerable and we felt that the Company would benefit more from having our resources working immediately at the Black Rock Canyon Mine."Project W Option Exercised
September 9, 2011 Pacific Gold Corp. announced that Pilot Mountain Resources, Inc., ("PMR") a subsidiary of PCFG, has received official notice and payment of $450,000, from Pilot Metals, a subsidiary of Black Fire Minerals, that Pilot Metals is electing to exercise its 24 month option, to purchase or joint venture the Project W claims.
Pacific Metals Corp. PropertyThe company owns 24 unpatented lode mining claims in San Juan and Dolores Counties, Colorado immediately southeast of Bolam Pass. The claims are located at an elevation of 11,000 feet above mean sea level and are accessible by a dirt road that is maintained during the summer months by the United States Forest Service. The property, which is referred to as the Graysill Property, encompasses the historic Graysill Mine, a past producer of vanadium and uranium ore. The Graysill Mine is known to have produced vanadium and by-product uranium during a period of approximately twenty years after World War II. Before the mine ceased production, approximately 32,000 tons of ore were mined with a reported grade of 2.41% vanadium pentoxide and 0.09% uranium oxide. Incomplete production records from the Graysill Mine, the largest producer in the area, indicate that a total of 32,000 tons yielding approximately 52,000 pounds of uranium oxide and in excess of 1.5 million pounds of vanadium pentoxide were produced before the mine ceased operations because of low vanadium and uranium prices. Based on analyses of the results of the drilling completed by Vanadium Corporation of America, a third party had previously estimated a possible geological resource of 400,000 tons averaging 2.5% vanadium pentoxide. This ore body may also contain large uranium resources with an estimated grade of 0.08%, the reported grade at the Graysill Mine. These estimates would equate to an in-ground resource of 20 million pounds of vanadium pentoxide and 640,000 pounds of uranium oxide.
WORLD GOLD PRODUCTION
http://www.dani2989.com/gold/goldproduction2011gb.html
SEC FILINGS
Auditor HistoryIn the fourth quarter 2010 the Company engaged a new public auditing firm to prepare the past due Company audits for 2008 2009 and 2010.
PCFG engaged Auditor Jewett, Schwartz, Wolfe & Associates, P.L., the firm is PCAOB registered and completed and filed PCFG's 2008 year end statement.
http://www.sec.gov/Archives/edgar/data/1137855/000115895711000063/f10k123108.htm
^^^ 2008 Audited Financial Statement Filed With SEC Via 10-K 3/21/2011 ^^^On April 13, 2011, Pacific Gold Corp. (the "Company") notified Jewett Schwartz Wolfe & Associates ("JSW"), the Company's independent registered public accounting firm, that the Company had dismissed the firm because the Company desired to retain a different firm who could meet the Company's timeline for filing its overdue SEC reports. The decision to dismiss JSW was approved by the Company's Board of Directors.
During the Company's period of engagement from October 22, 2010 through April 13, 2011, there were no disagreements between the Company and JSW on any matter of accounting principles or practices, financial statement disclosure, or procedure, which disagreements, if not resolved to the satisfaction of JSW would have caused it to make a reference to the subject matter of the disagreements in connection with their review on the Company's financial statements for such periods. There were no reportable events (as described under Item 304(a)(1)(v) of Regulation S-K) during the Company's engagement of JSW from October 22, 2010 to April 13, 2011.
The Company has provided JSW with a copy of this disclosure and requested that JSW furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees of disagrees with the statements by the Company in this Current Report on Form 8-K. As of April 20th the Company has not received the requested letter from JSW.
Letter Received from JSW Filed With SEC Via 8-KA 5/9/2011
On April 13, 2011, the Company engaged Silberstein Ungar, PLLC, 30600 Telegraph Road, Suite 2175, Bingham Farms, MI 48025-4586 ("SU") as its new independent registered public accounting firm. The engagement of SU was approved by the Company's Board of Directors on April 13, 2011.
During the Company's two most recent fiscal years ended December 31, 2010 and December 31, 2009 and through April 13, 2011, neither the Company nor anyone acting on its behalf consulted with SU regarding either (i) the application of accounting principles to a specific transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company's financial statements, and no written report was provided to the Company or oral advice was provided that SU concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of either a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K.
10-Q Quarterlies & 10-K Annual Reports
http://www.sec.gov/Archives/edgar/data/1137855/000151597112000281/pcfg10q063012.htm
2012 2nd Quarter 10-Q/A
http://www.sec.gov/Archives/edgar/data/1137855/000151597112000152/f10q033112.htm
2012 1st Quarter 10-Q
http://www.sec.gov/Archives/edgar/data/1137855/000151597112000318/pcfg10ka123111.htm
2011 10 K/Ahttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000423/f10q093011.htm
10-Q Filed with SEC 11/19/2011- 2011 3rd Quarter Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000291/f10q063011.htm
10-Q Filed with SEC 08/15/2011 - 2011 2nd Quarter Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000237/f10q033111.htm
10-Q Filed with SEC 7/19/2011 - 2011 1st Quarter Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000219/f10k123110.htm
10-K Filed with SEC 7/12/2011 - 2010 Year End Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000209/f10q093010.htm
10-Q Filed with SEC 7/6/2011 - 2010 3rd Quarter Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000207/f10q063010.htm
10-Q Filed with SEC 7/5/2011 - 2010 2nd Quarter Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000197/f10q033110.htm
10-Q Filed with SEC 6/28/2011 - 2010 1st Quarter Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000195/f10k123109.htm
10-K Filed with SEC 6/27/2011 - 2009 Year End Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000174/f10q093009.htm
10-Q Filed with SEC 6/7/2011 - 2009 3rd Quarter Financialhttp://www.sec.gov/Archives/edgar/data/1137855/000115895711000170/f10q063009.htm
10-Q Filed With SEC 6/3/2011 - 2009 2nd Quarter Financial
8-K & Other SEC Filings
http://www.sec.gov/Archives/edgar/data/1137855/000115895711000450/f8k120811.htm
8-K Filed with SEC 12/09/2011 regarding funding
SEC Filings Page
http://www.sec.gov/cgi-bin/srch-edgar?text=pacific%20gold%20corp.&start=161&count=80&first=2011&last=2011
SPOT GOLD QUOTES
2012 Spot Gold Projections
http://finance.yahoo.com/blogs/breakout/gold-rises-4-week-high-china-demand-boosts-192746697.html
http://arabnews.com/economy/article502255.ece
http://www.goldinmind.com/gold-updates-news/gold-price-forecasts.html
http://www.atlaspreciousmetalsexchange.com/goldman-ups-gold-forecasts-as-recession-risks-rise/
http://www.goldalert.com/gold-predictions/
http://www.marketoracle.co.uk/Article31088.html
http://www.forbes.com/sites/kitconews/2011/12/22/2012-outlook-gold-is-battered-bruised-but-not-beaten/?partner=yahootix
BELOW IS A LINK TO A VERY WELL PUT TOGETHER WEBSITE THAT MONITORS AND COMPARES MINING COMPANIES, THEIR RESOURCES AND THEIR FAIR MARKET VALUE. THE DEMOGRAPHICS OF PCFG SHOULD CHANGE DRAMATICALLY AS THE COMPANY ENTERS INTO PRODUCTION WITH THE BLACK ROCK CANYON MINE, BEGINS GENERATING A REVNUE STREAM AND ADVANCES OTHER PROJECTS:
PCFG's NRG VISITS, PHOTOS AND VIDEO
Nevada Rae Gold Processing Plant and Black Rock Canyon Mine
Zapito1 Video from 2/27/12 http://www.youtube.com/watch?v=2b7YOs2CpgE&feature=youtu.be
Johnny Trader visit: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58106714
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58110940
Johnny Trader photos: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58115491
Airdale1 visit: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67216216
Airdale1 photos: http://i1083.photobucket.com/albums/j385/airdale2/022.jpg
http://s1083.photobucket.com/albums/j385/airdale2/?action=view¤t=021.jpg
http://s1083.photobucket.com/albums/j385/airdale2/?action=view
http://s1083.photobucket.com/albums/j385/airdale2/?action=view¤t=018.jpg
Airdale1 12-14-11 visit photos: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69986399
Airdale1 video: http://www.youtube.com/watch?v=4W3-nTj2s-s
http://www.youtube.com/watch?v=z9oGIVFg-is
Airdale1 12-14-11 visit video: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69982321
http://www.youtube.com/watch?v=AOYKRODODbo
dy0genes visit: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68317146
dy0genes photos: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68321563
BLACK ROCK CANYON MINE INFO & DUE DILIGENCE & LINKS
DD By: ZRock 6/1/2011
LINK: Mine Safety & Health Administration (MSHA) Website:
Lots of information here including logged operator hours, view 2011 to see proof of BRCM ramping up for production in 2011 http://www.msha.gov/drs/drshome.htm
BRCM's MSHA Mine ID # is 2602572
Satellite BRCM Viewer
The date of the satellite data is not confirmed however it is believed to be sometime in 2010, you can clearly see the development of the open pit mine and what appears to be a large open trench at the west side of the open pit, it is suspected that this is a test pit to confirm the 1.2M cubic yards of NI 43-101 compliant gravels reported by the company on the PCFG website. The haul road appears to be completely developed and ready for use.
PRESS RELEASES
2011 Press
Mar 8th http://www.marketwire.com/press-release/pacific-gold-corp-black-rock-canyon-hy-g-equipment-delivered-pink-sheets-pcfg-1407797.htm
Feb 14th http://www.marketwire.com/press-release/pacific-gold-corp-pilot-mountain-options-project-w-for-up-to-3000000-pink-sheets-pcfg-1395119.htm
Jan 3rd http://www.marketwire.com/press-release/pacific-gold-corp-black-rock-canyon-equipment-order-pink-sheets-pcfg-1374985.htm
2010 Press
Previous Years
http://www.marketwire.com Stock Symbol: PCFG
Link to most recent company filings with the SEC:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001137855&owner=exclude&count=40
PCFG CHARTS
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