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It's been two weeks. It's funny that people on the board whine and moan about getting ANY news and when we do, it's never good enough.
I agree. This ran a couple of months ago on much, much less. This is huge. I just hope they have good marketing.
I have a very little bit in another junior that released news today that they have started a 43-101 and the volume was only 700,000 with the pps only up 20% at .01. My point is that interest in miners has to be peaked along with news. People probably think gold won't sustain this new level or they want to see if it can. I think the 13's are gone. Too much tension and instability in the world right now.
People are gonna come back when they realize the gains that can be made in junior miners.
If word gets out on this one it's gonna skyrocket.
In fairness to him, he can't say much more. He has to release production news in a pr and it doesn't sound like he knows exactly when the financials will be ready.
I'm redoing my house right now and going to school for my bachelors. I had plans to get things done by certain times, but other things come up. I wouldn't be able to say when my kitchen will be painted. Even though I could finish it in a day, I have to prioritize the papers I'm writing, grouting my floor and setting a date for the carpet layers. I can relate to his predicament and a house is on a much smaller level than a mining company.
I'm getting antsy to. We just got to hold on. I think part of the frustration is that we know it could be any day, but another day goes by without an update. I think we all know that day will come, and probably soon. I hope so... I'm ready to quit my job!!!
If gold sustains these levels and continues north, people will want to get back in the juniors. There are more potential gains at these levels. That's part of what was going on in november. You are right though, PCFG needs to release some substantial news as well. You must admit things are starting to line up quite nicely for a big run if production is almost up and running.
If they mine gold, I don't care when it is. I think it's smart to aquire now too, because I believe we will see that the current price of gold is cheap.
I think most people were thinking gold would be much higher by now. The delays from PCFG as well as other Juniors could be the simple fact that they don't want to sell their gold at these levels. I wouldn't...we all know gold should be higher than what it presently is.
I thought it was today or tomorrow
At least it lines up with that email from a few weeks ago when Klok said he had people running around getting equipment. Just a thought.
That's what an email to Mitch should say. Maybe we'd get better responses
The bid and the ask both say zero on my scottrade account
Well at least he is responding, that's a good sign. I don't expect to see anything major happen until next week. I think we all feel it coming though and are getting excited. If the new regs for mms are going to actually have an effect on the way that they manipulate prices, we may have a major breakout after the 1st. IMO
You're right this is getting weird. I'm trying to keep myself from getting exited. Deep Breaths!!!
Gold was performing well when we ran last time. While there has been uncertainty with it we have watched our pps fall. A lot of people on this board don't think that there is a correlation btwn the price of gold and PCFG, but I personally think that if gold gets hot, people want to profit from it. The gains are more significant from a mining stock than from the physical. Especially a miner about to go into production with accessible roads. The next month may be amazing!
This is from another board, but still applicable:
Nabbbss Share Monday, February 21, 2011 10:31:54 AM
Re: greenbayslacker post# 24034 Post # of 24040
The NEW FINRA RULES that start Feb.28 (more)...
This Link below will provide the full, Official verbiage of the
THREE NEW LAWS/RULES:
http://www.finra.org/Industry/Regulation/Notices/2010/P122255
There are three new Laws/Rules gaining attention in the NSS Market Reform arena:
1) FINRA 4320 goes into effect on 02/28/11. It mandates
13-day Buy-ins for open delivery failures FINALLY applying to
Shares of non-reporting corporations.
[Nabbbss' edit: These are the PinkSheets.]
Nabbbss' interpretation (additional Board input about this is welcome):
This Rule/Law means that MMs MUST buy/acquire -- within 13 days --
any and all Shares that they MAY HAVE Short-Sold when those
Shares WERE NOT in their possession. In turn, THIS means that
the MMs CANNOT play, and extend, their little nefarious,
insidious, avaricious "Games" any more.
2) FINRA 2010-043, also starting on 02/28/11, reinstates
the "Short Sale Exempt" (SSE) Marking requirements for Trade-reporting
and the OATS system. Those MMs accessing the bona fide MM Exemption
from executing pre-borrows (or "locates") before admittedly
Naked Short Sales (NSS) must now FORMALLY ACKNOWLEDGE the
accessing of that universally-abused Exemption.
Nabbbss' interpretation (additional Board input about this is welcome):
Being that these Trades are theoretically being made to "inject
liquidity," then the excuse for hiding the related Trade data
from the public’s eyes goes out the window. You can’t have it
both ways and claim the bona fide MM Exemption, and
then later claim that the related Trade data needs to be kept
secret because it might reveal a "proprietary Trading strategy."
This ends the pure charade and "BS" of it all!
Truly bona fide MMs that are able to Legally access that
universally-abused Exemption cover their Naked Short positions
ON THE NEXT downtick after their Short Sale, when Buy-side
liquidity is in need of being injected as Share prices fall.
3) The 3rd new Rule/Law, which is in effect now,
states that the Offers and Bids that MMs post MUST BE of
approximately THE SAME SIZE (quantity). No longer can the Offers
be of 1 million Shares and the offsetting Bid good for only the
minimum 5,000 Shares.
MORE of Nabbbss' interpretation (additional Board input about
this is welcome):
The verbiage in 4320 ( No.1) above) is especially well done, as
it FINALLY puts the Clearing Firms that aid and abet this
near-crime wave on the spot.
With the FFETF, which is made up of 25 different agencies, now
on the scene, the transparency has increased markedly.
You can imagine how critical the lack of transparency is to a
scheme involving Selling non-existent Securities, and then
refusing to ever deliver those which you Sold, AFTER being
allowed access to the funds of the Investor(s) being defrauded
or fleeced.
Gold and Silver up again, where are you viewmaster?
Has the company mentioned any potential customers, to your knowledge?
I just can't help but think that if we get any substantial news we take off in a major way. I'd be more upset with myself for selling shares that could have made me crazy money than losing 50% of my speculation.
Maybe I'm just stupid, but the website looks great, they even have it updated with pics of the new properties and they are current with their filings (last time I checked.) There really are some positives here. Even with the ihubbers selling off, the pps has hung in there. News of production or a 43-101 on one of their properties and this will take off in a hurry.
We all know the risk down here, but we buy for the reward.
Is anyone out there still positive on ALTO? I would like to hear from you. We've heard the negative, but if you feel the need to repeat yourselves then go ahead.
If this takes off, the real question is, do you sell for really nice gains now, or allow the company to take off and retire on your profits?
Considering how much you were p#mping this stock, at least show some decency now. So in othwer words while you had doubts, you were the biggest cheerleader.
The rest were the heavy hitters
When I talked to Mitch a few months ago, he said they had a 43-101. In one of the prs, it say they have it too. They aren't releasing it. I was at work and couldn't get into it with him, but you should call him and ask why.
While I'm tired of waiting for this too, apparently its too cold to mine anyway. I'm not sure we'll even take off right now if we did start production. The market seems slow. If gold gets going again like it did b4 (seems like it is starting to) maybe production will coincide with a new high for gold. It could be worth the wait!!!
Go PCFG
I can't set my shares that high
I can't wait to quit my job!
I don't blame these guys for holding off right now. I got a couple of positions that are wound tight and not taking off. People are being tight right now. Maybe after tax season we'll see some liftoffs.
It's not the 1st time that promise didn't come through.
Weird
The ask is 24
You're kidding right?
I think you're right. How many shares brought it down to 21?
Volume picked up real fast on those 15's. Nice
Considering the way this has held up with everyone selling (or claiming to have sold) I think this still has a lot of potential due to the ss. The company puts out a lot of prs and if they put one out that gets folks excited... it will take off.
My 5 year old loves that trailer. He keeps asking about it. Looking good here!
You see that on a lot of boards, though.
All the drama today to break even!
just sit back when we get news!
It should be higher. I don't get it.
lol... but seriously, try to post positve things. You are falaciously appealling to antiquity. The bottom line is people that are considering buying PCFG are reading your negative skeptical posts and thinking to themselves: "the guy thats been here the longest is really upset, thats a bad sign."
Things are lining up. Try to be positive.....PLLLEEEEAAAASE
We just need perspective. This went to .03 on very little volume and now has come down on insignificant volume. Any amount of interest will make this soar. Imagine a 20,000,000 day.