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Weird.. perfect word for the week.. I can't decide what to think, do I get excited that great news is coming... or is disappointing news coming but they want to clarify after the fact with further details? Or, mediocre with better guidance going forward?
Don't know what the hell to think any more....just sit and wait like the rest here....
I keep thinking the same thing.. not that they would actually do it at this point but perhaps finally tell us if they have been approached, and for how much.
They have been so atypical this time around, completely thrown us all off. Going with positive news...
Hi Phred, I assume that at some point they announce that if you owned PCFG as of a certain date they will receive the dividend? Will that drive the price up during and up to that date?
I respect that you stay cautiously optimistic and looking at this from all angles.
My sentiments exactly, seems like things are really coming together but getting too excited has only lead to disappointment.. so trying to stay cautiously optimistic.
Come on over Smitter, room enough for all of us! And bring your friends :)
Maybe we get more news every day until Friday?
Who knows where there is going but it sure as he$$ isn't staying under .08 for very long.
What an awesome report, well we got our answers for what 2011 4th quarter will be on the top of page 11, just not sure how much gold that equals. I think the .08 is a very short term goal, we should be much much higher
http://www.grassrootsrd.com/grassrootsrd/Reports/Pacific_Gold_03_23_2013.pdf
That is probably a good range, I think most of us longs are more focused on what the 1st quarter 2012 has produced and expect that they give guidance.. which is why most of us think they will wait until the last minute. They can at least tell us what happened in January & February.. they had some many problems last quarter, I just want to see that they have ramped things up.
I think the first paragraph is telling us what we will see in the next PR...
During the last quarter fiscal year 2011 the company is expected to mine and screen approx 25,000 and 16,000 yards respectively.
Exactly, there was nothing... and up it flew.. it left many bagholders based on false claims. We have it.. now show us the gold!
I wish someone could explain how SAE* had a high of .93 over the past year and there was no gold.. and we are producing and in this range...
http://www.thehotpennystocks.com/Stock-Blogs/TradersElite/index.php?p=1463
penny-dreamers-alert-pcfg-up-intraday-high-55-news-out
http://marketwire.denverpost.com/client/denver_post/release.jsp?actionFor=1589127
I agree completely, not sure if my post reflected that..and meant 8K.. sorry. I can't possibly imagine that they would do this the week of news to only issue disappointing news? Could be our time...
I also notice PCFG was alittle more active on their Twitter account today... 3 posts today when they had been quiet since 2/27. I would love to think this is all orchestrated PR blitz to correlate with awesome 10K... but I have to stay cautiously optimistic.
Perhaps a stupid question, is paid promotion always a bad thing? Is it possible that this is coordinated with a good 10K to finally move it to where it should be?
Penny Dreamers
Congrats to our members who profited on our alert this morning of $PCFG ! It was a true money machine today as provided an intraday gain of 57% and closed up 39%! www.PennyDreamers.com
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Alex Lacayo PCFG looking nice today... .08 here we come .. haha
about a minute ago · Like.
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Penny Dreamers alert $PCFG up intraday high +55% News Out! http://conta.cc/H5u9Gc
Penny Dreamers alert $PCFG up intraday high +55% News Out!
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What a great morning as our alert of PCFG has provided our members with over +55% intraday gains this morning! PCFG posted some great news this morning! Check it out!..
Like · · 5 hours ago via Constant Contact - Making Social Simple.
Penny Dreamers
?$PCFG showing all the greats signs of a true beast! Congrats Members!
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.Penny Dreamers
?$PCFG now up 57% on our alert over the weekend! www.PennyDreamers.com
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Our alert $PCFG is on fire this morning! up 39%
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Penny Dreamers
Penny Dreamers New Alert is $PCFG http://conta.cc/GOjL7k
Penny Dreamers New Alert Inside!
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We hope everyone is having a great weekend! We are extremely thrilled on the profit that was made by our members this past week! One of our main achievers this week - GNBP - rose and additional 28% on Friday to add to the weekly gain! Congrats to all who profited!..
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You weren't kidding when you said Crescent Valley was abuzz!
Completely agree .08 completely undervalued - should be .25
That was alittle different, we just had a bunch of new posters show up like a swarm and disappear 24 hours later that time. And there was not news forthcoming or a newsletter covering us..
http://thestockmarketwatch.com/newsletters/2012/03/25/congrats-to-a-great-week-penny-dreamers-new-alert-inside/
This is my last post tonight.. see you in the a.m...
Found another link....same website but perhaps they moved the link to another page?
http://thestockmarketwatch.com/newsletters/2012/03/25/congrats-to-a-great-week-penny-dreamers-new-alert-inside/
Can't wait to find out if PCFG is it, all very interesting how it was posted, then removed? This description does sound like PCFG.. if it had just stated "gold" we would know for sure :)
I wonder if we might be having alittle PR blitz coming up? Hate to get too excited as we have been disappointed before but it's hard not to daydream about the possibilities.
Someone who knows something? Because let's face it.. if it was bad news (which I do not believe it is) you couldn't move the stock no matter what. Could the stars and moon be aligning? LOL...Interesting week ahead...
Whoever did pay for this has excellent timing IMO
Let us know when it hits you....checked out the facebook article as well.. nice...
Hmm.. it was working as that is how I copied and paste earlier, now it is completely different?
Maybe Wolverine is right and it was supposed to go out tomorrow? It did say they were paid for 1 day so maybe it was out starting yesterday?
Interesting...
Nice article TJ...it does appear they were compensated, not that is a bad thing... but somebody wants people to stop and take a look at it.
PennyDreamers.com has been compensated two thousand three hundred dollars for one day awareness for PCFG by a third party.
Congrats to a great week! Penny Dreamers New Alert Inside!
Posted on March 25, 2012 byadmin
pennydreamers Newsletter
~~~~~~~~~~~~~~~~~~~~~~~~~~
Good Afternoon Members, We hope everyone is having a great weekend! We are extremely thrilled on the profit that was made by our members this past week! One of our main achievers this week – GNBP– rose and additional 28% on Friday to add to the weekly gain! Congrats to all who profited! As promised, the PennyDreamers.com staff has been hard at work on locating our next BIG WINNER! We believe we found a gem to start the new week off strong! Our latest alert isPCFG , PACIFIC GOLD CORP.
About PCFG Pacific Gold Corp. (OTC QB: PCFG) is engaged in the identification, acquisition, and development of mining prospects believed to have known gold and/or tungsten mineralizations. Pacific Gold`s portfolio includes two alluvial gold projects:
Black Rock Canyon Mine and Lower Olinghouse in Nevada, tungsten deposits at Project W, and the Graysill Project in Colorado with known vanadium and uranium deposits.
The Company owns these four projects through four wholly owned operating subsidiaries.
The Company`s mission is to acquire or develop natural resource deposits collectively containing a minimum of $2.0 billion of gross in-situ market value and turn projects into positive cash flow units within 24-36 months of acquisition/ development. Pacific Gold has begun commercial production from its Black Rock Canyon Mine, a fully permitted, bonded and equipped mine, and expects to achieve full production in FYE-2012. PCFG has entered in to an Option and Asset Sale Agreement with Pilot Metals Inc., whereby Pilot Metals has secured an option on the Project W Tungsten claims. The Company is completing the permits required to begin plant development and production at the Lower Olinghouse deposits. Lastly, during this fiscal year it is expected to begin exploration work and feasibility studies at the Graysill Project. Quality assets, excellent cash position, superior business model, experienced management and attractive gold market dynamics are all contributors to future success. Based on these projections and provided that the Company raises $7.0 million in capital, Cohen Target Price is 446.2% higher than the current price.
Pacific Gold owns four operating subsidiaries through which it controls gold, tungsten and other base metal prospects:
* Nevada Rae Gold, Inc. which owns and operates the Black Rock Canyon gold mine, located in north-central Nevada.
* Pilot Mountain Resources Inc. which owns Project W, a large tungsten based deposit, located near Reno, Nevada.
* Fernley Gold, Inc. which has acquired the exclusive lease rights to mine the Lower Olinghouse Placers (known as Butcher Boy and Teddy) located near Reno, Nevada.
* Pacific Metals Corp. owns 24 unpatented lode mining claims in San Juan and Dolores Counties, Colorado immediately southeast of Bolam Pass with substantial vanadium and uranium resources.
The Company is continuously evaluating attractive acquisition opportunities which are in-production or are production ready. Pacific Gold intends to acquire additional prospects through staking, purchasing and/or leasing arrangements which contain significant resources of gold, tungsten and/or other mineral deposit potential in the prolific regions of United States, Canada and Mexico.
Pacific Gold owns two alluvial gold projects with an estimated collective resource of up to 1 million ounces gold. PCFG also owns a tungsten project with approximately 10,000,000 tons of ore with a grade of approximately 0.34% tungsten tri-oxide, and a prospect in Colorado which is a past producer of vanadium and uranium.
* The Company`s flagship project, the Black Rock Canyon mine in Lander County, Nevada, has been in start-up production since July 2011. Nevada Rae Gold, Inc., which owns and operates the Black Rock Canyon Mine Property that consists of 67 federal mining claims covering 1,340 acres along with a lease of 440 acres of private land and, 2,000 acres of additional leased federal mining claims containing gold bearing gravels referred to as B&B claims, and 13 acres of private mill site.
* In addition, the Company has initiated the process of acquiring the required permits for Butcher Boy Project near Fernley, Nevada. Owned through Fernley Gold Inc., PCFG has leased 36 claims covering 640 acres of the Lower Olinghouse Placers. Management expects to begin the production from this mine in early to mid FY 2013.
* Through Pilot Mountain Resources Inc., Pacific Gold owns 45 unpatented mining claims covering 900 acres in Mineral County, Nevada. This project is called Project W and PCFG has entered into an option agreement with Pilot Metals Inc., to sell to or jointly develop the Project W claims with Pilot Metals.
* Lastly, through Pacific Metals Corp., PCFG owns the Graysill Property in Southwest Colorado that encompasses the historic Graysill Mine, a past producer of vanadium and uranium ore.
* While the Company continues to increase production and development at its current properties, it also intends to aggressively expand it asset-base, through attractive acquisitions. The Company intends to acquire through staking, purchasing and/or leasing arrangements additional prospects, from time to time, in which there may be gold, tungsten and/or other mineral deposit potential.
* As anticipated, the last 24-months have been outstanding for gold; demand was strong in all sectors. The key drivers for this growth are robust demand from Asian markets and central banks across the world, declining gold discoveries, dwindling production and the increasing importance of gold as a global investment alternative.
* However, as with many any development stage company, competition from large highly capitalized companies and capital access to further fund its growth plans are investment risks. The Company will need to raise $7.0 million in the next 12-24 months to fund additional expansion and improve operations.
~~~~~~~~~~~~~~~~~~~~~~~~~~
PCFG Chart ~~~~~~~~~~~~~~~~~~~~~~~~~~
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Read more: http://thestockmarketwatch.com/newsletters/#ixzz1q9StVKK1
15th most read this morning.. many will watch this closely this week. I hope many have watched Zapito1 video and his posts back to March 1st. It was the first confirmation that they are producing. Although Airdale and JT also have video (and many thanks to them as well), this showed the belts running and alot of activity.
How about the person closest has to buy drinks when we meet for the PCFG party? They should be able to afford that by the end of the year if things go like we hope?
So far we have:
Stargazer 250 oz
Wolverine1997 201 oz
LMPA 150 oz
and I am sure many others, just didn't want to go through all the posts.. everyone feel free to add and keep it going..
Rereading this from the 3rd quarter it seems that everything that could have gone wrong, did.. And by the time this was released it was behind them. I think we will be very pleasantly suprised by what has been going on for January/February after they give us the mediocore results for 4th quarter as they were ramping up again after the delays. And let's not forget 50 oz was recovered using 2 geotubes and based on Nov 28 PR, 4 more were added and being used. And as of 12/12 new screws were purchased and being used. I think they wait until the very last moment so they can give more information about 1st quarter.
In the third quarter of 2011, the Company completed its work for recommencement of production at the Black Rock Canyon Mine. In August the Company agreed to take delivery, on a rental basis, of heavy equipment to commence mining; however operations were delayed due to the late arrival of many machines from the supplier which did not arrive until mid-September. In late August the Company was informed by the Nevada Division of Environmental Protection ("NDEP") that it would be required to change the liner under the two previously approved geotextile tubes. This additional environmental requirement resulted in extra work which took time to complete and no production at the site was allowed by the NDEP until the additional work was finished. In the Quarter an accident occurred with one rental truck which caused an additional several day delay in production and a main pump failed which required a repair. The Company was also required by the NDEP to meet some very strict requirements for its construction of an additional 8 geotextile tubes that are required to properly run the mine. As a result many days in September and October were spent on repairs and construction of the geotextile tube field, and this required most of the mine and plant labor to participate. The Company is expecting NDEP approval to allow commencement of the use of the new tubes in the third week of November.
As a result of the above, during the third quarter the Company mined approximately 11,000 cubic yards of new gravels beginning in mid-September to the end of the quarter. The Company screened approximately 12,000 cubic yards, from the stockpile and newly mined gravels, in approximately 150 operating hours, producing approximately 50 ounces of gold.
Good Morning Wolverine... what are your predictions for oz recovered? I'm thinking around 150. At this point, as long as they show an increase, and tell us how they did in January/February/March.. we will see steady improvements. We all know they spent 4th quarter working out alot of issues and 1st quarter 2012 went much smoother.
Do you think they will wait until after hours Friday again?
Once again, if you would research the old PR from November it stated the following
Black Rock Canyon Mine operating costs for the third quarter were less than half of the expected rates even though the Company used labor for purposes other than mining during the geotube construction. Costs in the fourth quarter may increase, as compared to the third quarter, with increased production as additional, machinery, fuel and electricity are used with the increase in mining volume. The Company's equipment supplier is working with the Company on a lease proposal that will reduce the equipment rental fees by as much as 50%.
I guess we will know soon enough...I hope your right...
Listen.. my math lessons came up with 150 oz as well.. it's called "the alternative math" LOL...