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true. PCFG's past history was not good as it should have been due to "death spiral financing agreement". I hope management learned their lesson and would not make same mistake they made before. If old investors can get back their faith and confidence in PCFG, PPs might change dramatically. GLTA
The gold market is not saturated. 50 million new consumers a year are joining the middle class in China, a country which has a strong cultural attachment to gold. And China is just now starting to ease restrictions on gold imports. The shortfall between mine supply and demand in China last year was 144 metric tonnes — a gap that will likely be filled by imports, sucking more supply off the global market.
Even better — gold and silver miners leveraged to the underlying metal. If it costs a miner $500 to pull an ounce of gold out of the ground, and gold costs $950, the miner has a profit margin of $450 per ounce. If the costs go up to $550, and the cost of gold goes up to $1,300, the miner’s profit margin per ounce increases to $750. That means its profit margin increases 66% even though the price of gold increases “only” 36%.
We’ve seen this across the mining sector in the past year. Costs have gone up, but the price of gold has gone up even faster
PLACE your bets...
will we see PCFG in peenyland during this week (Oct 4-8)? I vote yes. Probably a spike to $.05. Feel free to argue...GO PCFG LONGS!
PCFG will be very interesting play
I was told their production will be very easy. The reason they stopped activities because they had death spiral financing which is over now.
PCFG gold company start your own DD
PCFG gold company next one to run huge
Gold and silver prices continued to rise in local and international markets this week as gold hit all time high on last business day and added $74 per ounce while silver stood at $2.50. According to Sindh Sarafa Market, gold prices surged in local markets due to increase in international markets. According to World Gold Council, uncertainty in the global economic condition forced the traders to buy the commodity, which pushed the prices.
i am researching into obtaining current daily short interest..where did u get this info and is there a site that gives this besides the subscriber ones
Well as far as hype, PCFG got attention of investors without any pumping, just DD. The DD here is WONDERFUL. But the hype just came from all of us getting excited about a good thing. Which is still a good thing, maybe even a great thing. But well swing 5-10 cents until details of the venture come out. Followed by drill results.
October will bring many more investors our way... imho
Great Article: link provided
With gold punching the $1,400 mark, thoughts of what a gold mania will be like crossed my mind. If we're right about the future of precious metals, a gold rush of historic proportions lies ahead of us. Have you thought about how a mania might affect you? Not like this, you haven't…
http://www.caseyresearch.com/editorial/3713?ppref=GLD197ED0910C
It's a lot different this time. The price of gold will,IMO, reach at least $5000 before it's all said and done. The world's governments, especially the U.S. have balloned the debt more then any other time in history and there will be a price to pay in the form of hyper inflation years from now. Gold will prevail as the only real currency.Paper is only good for writing on and wiping your.... *$$
Fundamentals keep improving and next week should even be better, IMO. As for the future pps, I have no comment until the next PR. you may all wish to send email to info@pacificgoldcorp.com requesting them to reduce Authorized shares.
good thing they are not diluting. You would would see a 100 million shares out there if they were diluting this ...is just the calm before the storm.
Im gonna close my eyes just tell me ITS A DOLLAR WHEN ITS TIME.
Its been a tall tree to knock down bro, but the reward when its done, will put heavy smiles on our faces. Wish I was there with you. Very interesting work, just make sure you are facing the other way when the wood starts crackling.
Accumulation has been increasing quite rapidly the last few trading days.
Not much volume compared to previous, (recent) days... Come on PCFG!.. :) this is good sign, meaning very tight float
if PCFG has real pottential, they can easily secure financing without dilluting shares. look at TSE:AMC a gold company got 60 million financing and share price jumped today from .16 to .28.
boss of PCFG also boss of ZDG investment
http://www.secinfo.com/d13bp2.u1h.htm
I have to imagine that the 43-101 is done or very close to being done, further I suspect that Watts, Griffis and McOuat (WGM) is completing this effort together with John A. Rae, John is a Professional Geologist and has a history with WGM
Watts, Griffis and McOuat is a Toronto-based firm of independent consulting geologists and engineers that has been serving the needs of the Canadian and international mining community for over 40 years. WGM's primary business is the provision of professional consulting services to the exploration and mining industry. WGM has expertise in every aspect of the mining industry from regional exploration programs through mine development. Services include project management, institutional strengthening, property valuation, due diligence studies, scoping, prefeasibility and feasibility studies, remote sensing and GIS services, database creation, validation and management, and mineral resource/mineral reserve estimation and audits. For more information visit: www.wgm.on.ca
PCFG might be huge. Gold company getting attention off late
PCFG might be huge. Gold company getting attention off late
Congratulations Taraniterror on becoming board moderator of PCFG.
Market seeing yellow bellies, but we see gold. Hold the fort, we got it, they just need to flaunt it.
Could any one please confirm the following company still working as Transfer Agent for Pacific Gold or not
Olde Monmouth Stock Transfer Co., Inc. — Transfer Agent
200 Memorial Pkwy
Atlantic Highlands, NJ 07716
732-872-2727
matt@oldemonmouth.com
sent email to info@pacificgoldcorp.com asking about current share structure. will keep you guys posted when receive response.
MMs won't set up run unless they accumulate enough shares.
loading my truck as much as possible. All sideliners...don't expect dip....most of the shares last 3 dyas traded range .0075 to .0095.
MMs need tons of shares to set up run, might take little time
Call them, if you have any question.
Pacific Gold Corp.
465 South Meadows Parkway #20
Reno, Nevada
89521
Telephone: 1-416-214-1483
E-mail: info@pacificgoldcorp.com
MMs does not have enough shares to play with....MMs trying hard to shake weak hand out
Corporate info
Stock Symbol
PCFG: OTCBB
Shares Authorized
500,000,000
Shares Outstanding
352,839,995 Common
322,727 Preferred
Incorporated
December 1996, Nevada
Financial Year End
December 31st
Each Subsidiary is 100% wholly owned by Pacific Gold and incorporated in the state that its property is located.
The Black Rock Canyon Mine, made up of the Black Rock Canyon, Mud Springs Gulch and Tub Springs Gulch, has estimated resources of up to 500,000 ounces of gold contained in approximately 12,500,000 cubic yards of alluvial gravels, with an average grade of over 1 gram per cubic yard. These resources have been outlined in reports prepared by Bharti Engineering and Robertson Research. The mine is located in the Crescent Valley Placer deposits in the Bullion Mining District, approximately 50 miles south-west of Elko, Nevada in the town of Crescent Valley. The site is accessible by an all-weather asphalt road (Highway 306) approximately 22 miles from Interstate 80.
Pacific Gold Corp. is engaged in the identification, acquisition, exploration and development of mining prospects that contain gold and/or tungsten mineralizations. The Company owns 100% interest in five operating subsidiaries: Nevada Rae Gold, Inc. (Nevada Rae), Oregon Gold, Inc. (Oregon Gold), Pilot Mountain Resources Inc. (Pilot Mountain), Pacific Metals Corp. (Pacific Metals) and Fernley Gold, Inc. (Fernley Gold), in which it holds various prospects in Nevada and Oregon. Nevada Rae has staked 67 placer claims and 13 lode claims covering approximately 1,340 acres in Lander County, Nevada. Oregon Gold has 14 placer claims covering approximately 280 acres in Josephine County, Oregon. Fernley Gold leased 640 acres, including 35 placer claims, located 34 miles east of Reno, Nevada. Pilot Mountain owns 45 lode claims, within the project area covering approximately 900 acres. Pacific Metals owns claims in San Juan and Delores Counties, Colorado, encompassing the Graysill Mine.
PCFG currently working on 4 properties;
Pacific Gold Corp. is currently focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. currently owns four operating subsidiaries. Nevada Rae Gold, Inc. owns and operates the Black Rock Canyon gold mine, located in north-central Nevada. Pilot Mountain Resources Inc. owns Project W, a large tungsten based deposit. Fernley Gold, Inc. has acquired the exclusive lease rights to mine the Lower Olinghouse Placers.