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He definitely has not deterred me. Maybe he does it for just pure enjoyment. He has to be getting something out of it. Seems more pathetic to me more than anything.
Great rebuttal, jmis. You are correct, he does look stupid with all the "Better Sell" posts. If he thinks it is that poor of an investment, he just needs to sell, (if he has a postion), and move on.
I cannot figure why he is here without a vested interest. I mean, is he just that great of a person that he is adamant about saving us all from losing our money in PCFG, that he has to constantly post how bad a company they are, and that we better sell before it is too late? I mean it is amazing to me that anyone would spend that much time and effort without a vested interest in seeing it fail.
So, great guy helping his fellow investors, or vested interest in seeing the pps fall? I think I lean toward the latter.
So, just let me take my chances with my own "stupid" investment. I have been buying since November and am not going anywhere soon. Happy with my return so far and way too much upside in the near future.
Frank, they probably did, as they should be pretty desperate over the next few weeks.
Frank, wondered that too, but I found it on Google Finance.
Wolverine, you and I must be thinking alike. Similar posts within seconds of each other. Very confident here.
Dunphy was the last of three that has been by the mine recently that stated they saw activity at the site, including conveyors moving and tubes full. As you stated, Dunphy has a reputation of being truthful about his statements including pics in previous posts.
I think the production PR will include recovery rates, and I am anxious to see what they are.....
Pullback today was not unexpected, feeling fine here.
Interesting. Thanks for inquiring and sharing. I am still baffled at how we got to .07 on Geotube testing, and with the plan coming together as it is now as PCFG stated, we cannot break a .05. It would not make any sense spending the $'s to get current for no purpose.
Folks, I believe they have a purpose, and that is to mine gold and create value for shareholders in the process! Imo, investors will be researching this one in disbelief they could have bought so cheaply. Breakout could happen anyday...
Good for you! Others better take your lead if they want to maximize their profits.
LOL... You are 100% correct, SN. eom
Somebody seems to be gnawing...eom
Fidelity Bid/Ask not updating either. eom
Bought some today that showed up as sells @ .027. They even dropped the bid to .0265. They know what's coming...
Thanks for the replies, guys. Seems like we are all on the same page. Been here since November, and I am not selling. The plan is coming together.
Man! Someone hits the ask @ .0259 @ the open, then they lower the ask. I think it is pretty clear the MM's do not want this to go anywhere right now. They have been holding it below .026 for awhile now, even when there seems to be some pressure. My guess is they know something is brewing, and they are trying to continue to get people to sell out of frustration, then when production news hits, they will gap it hard...
This is one holiday that I wish the market were open. Exciting times around here.
Yep. eom
Looks like they are really trying to prevent a run here...being stubborn with that bid.
I agree. I was expecting production to happen before end of 1Q, but better later than never. Also, they seem to be adamant about getting the financials brought up to date. That also makes me think that a buyout would not be out of the question, especially once they are completed.
I have been in since November, and mgmt has basically done everything they stated they were going to do. Maybe not in the timeframe I would like, as I am anxious to see the volume they can produce and what that will do to the pps, but has accomplished nonetheless. They have not diluted either, and they list the OS in each PR to confirm.
I think our patience is getting ready to payoff. No way am I going to try to flip now.
Looks like all buys to me, but they drop the Ask to .0200? Don't understand that.
I don't see why people are making a big deal out of the Black Fire issue. It came out of left field to begin with. Just an added bonus. The real focus here should be production and financials, and that is what they are working on. Yes this pps sux, and yes it gets harder and harder to be patient as each day goes by without productions/finacial news. But hopefully it will all come together soon.
Looks like it is ready to go with any buying pressure at all.
MM's seem to be jerking it around on low volume this AM. Bet if volume does come in, they will take it up quickly to that .035 range.
Yep. PCFG needs to be taking advantage of it.
That's why I have been here for over 6 months. Why spend the money getting financials caught up and investing in new equipment, if they weren't going forward with production. Also, the investors who kicked in 500k must have seen something to make them believe it was a good investment.
I am going to stay awhile longer. Production has to be coming soon.
I agree, Fox, that they are serious about coming current with their filings. I am sure it is not cheap, and they would only do this if they were positive about the future, whether it would be for uplisting purposes, or getting their financials in order for potential buyers. Companies who are uncertain about where they are headed would not spend the money to get current or stay current. Very positive, IMO.
Since we have been invested, for the past 6 months or so, the company has done what they stated they were going to do. I, like many on the board, am getting very anxious to see the PR that confirms production and see where that takes the pps.
This was released before they announced the 500k of financing, I believe.
I am like someone else that mentioned this a little earlier, what are we missing? They have equipment, they have access to capital to operate, weather should not be a concern now, don't know why operations would be held up by remaining financials to be completed. Crews and equipment should be readily available. What would prevent them from operating at this time???
You're right. That's what they are in this for, to get gold. I would like to have news now as much as anyone, but they have PR'd quite a bit recently, and it was all good, and they are moving in the right direction. They PR what is relevant, even if it means waiting....
Thanks. Just wondering since several sells were going through, and my understanding was that they were the ones facilitating the selling.
Is AUTO in contol again today? EOM
I saw when the huge order was posted, but the price barely moved, if it moved at all, if I remember correctly. It is a mystery to me as how that can occur like that, when i have seen the pps fluctuate on much smaller volumes.
I agree, alot of trading going on that I don't understand. I am afraid to try to flip it, just knowing I will be out when the move we have been waiting on hits. So, I have been holding, plus added 121,000 yesterday.
Wouldn't you think it would stand to reason that if they are sub-pennies and have held that long, why wouldn't they wait just a little longer when we are this close to actual production? I mean why dump now, when, imo, we are within weeks or months of producing?
My sentiments exactly. I am baffled where these are coming from as well. I regarded the 500k financing as excellent news, and would allow PCFG to continue their plan to go into production soon. They claim they are not and will not dilute and have listed the outstanding shares on each pr the last several months. The OS has not changed.
I would love to know why the dump...
We should be! This is ridiculous. They have not diluted a share, and done nothing but what they have said since I invested in Nov.
Couldn't resist either. Added more here also. This drop is ridiculously overdone. Just received notice of 500k financing news. Production is immenent. Way overdone, IMO!
Been here since Nov also. Since I have been invested in the company, management has done what they said they were going to do. I believe the financing was very good news and is going to allow them to achieve their goal of mining the gold per their PR outlining their expectations for 2011.
Today was not fun. Don't know why the sellers dumped. I do not think anything has changed. Would not be suprised if they have already been mining, weather permitting. Once production is announced, .02's and .03's will be a distant memory.
Buying coming in. Has to break loose soon..... Seems MM's trying to hold it down.
PCFG 500k finacing news this AM. Check it out.
Well either it was a rumour or ST isn't fulfilling their end of the law suit dismissal agreement. Which ever the case, I still don't believe that it is all said and done. From what I understand, they are still not letting their clients trade. So until that happens, I'll just hang in there and wait, wait, wait.....
Still holding on here too, although I am losing tremendous faith in the system. There is no way the SEC or Finra should have let ST drag this out for 3+ months. It is ridiculous. Not to mention the MM(s) who should have forced a buy in after the problem was not fixed in the 35 days allotted. And I also agree that there has to be manipulation, but why???
" The Company is currently evaluating the available information on the Graysill Mine and is in the process of developing its plans for Pacific Metals Corp. for 2011. The Company expects to announce those plans in the first quarter of 2011." This is from the Nov.23 PR.