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revising my pps prediction lower. I think we test the all time low (i think it was .0012) by the end of the year. go ahead and call me ignorant and a pessimist. they don't have their act together and I don't think they will for a long time. people are going to pull their money out.
some think that is a good thing. those that were excited to see it drop and now will want to avg down because they were excited to see it hit .015 than .01 than .008 and so on.
pics of a running plant today are just a moment in time. they aren't getting the results they want or need and may have to give up sometime. maybe there just isn't the amount of gold they were hoping
call whom. who is going to give info anyone is looking for. if its not in PR's then you arent going to get it.
mgmt fumble. not the first and wont be the last. I don't think this can be done with current mgmt. not faulting them for having big dreams.just need to know when to have someone else step in.
eventulally money will dry up and no one will be left to offer more. those that think death spiral financiing will be an option are wrong because they wont make money either. the plug could be pulled someday. maybe sold, not for much, and we wont get to cash in big
selling is the oppostie of buying. i think outstanding shares stood at 891M
weren't they going to start buying shares back per a PR
so far they have not done a good job producing gold. If they happen to let us know how much they were able to produce in june and it is good then we can get somewhere. if it ends up like the past we go down.
if they will get financing anyway possible regardless of shareholders, how is that good. i didn't see the positive in that. I only care about how they will get it positively.
i just state the history and predict the future based on history, not pump. these types of boards are for both sides, not just 1.
NOTHING points to good results yet. the last 2 weeks of June should tell us something though. if they didn't do good they will not be able to obtain any more financing and can't go it alone.
agreed. i will send you an a vacation anywhere you want for as long as you want on the money i make from my SHORT
if, you offer the same on any money you make
stop making false statements guessing how someone invests
LONG since april '06 my friend
you bet. i think i have mentioned that before i would apologize. are you willing to do the same. i will even allow you to say "next qtr".....again.
can't help what things sound like to you.
notice i said .005 "or lower"
.005 is just around number. didn't want to be too negative
my link is this board and all the PR's. i just interpret it differently than you.
i know as much as you do and miggi thinking they know EVERYTHING
just giving my opinion just like you do, it just isn't the same as yours.
i don't imply i know anything, its just an opinion foxy
those that know on thursday and friday we hit .005 or lower
now that is something i strongly agree on with you. this will continue to be the case as we slide down with small up ticks and more sliding until no one is left
the only thing i can even remotely think is positive (and i am stretching it like some do) is that they were at 95%. they must have liked what they saw.
I still think there is very small chance we read anything good.
i think you and i are on the same page we just don't know it. we just look at it different. you are right that we need to know how much gold they are getting. for all we know it was the gravel from the area they are prepping for new tubes. WE DONT KNOW.
i am not a half empty guy. if you knew what i did in the last 25 years you would agree. I don't use positive mental attitude when it comes to a company that has struggled for a long time.
you are using data (a pic of a pile of dirt) to encourage you saying emphatically its a good pile of dirt.
this company went from being able to process at a high rate, spend $ to upgrade, but lowered their success rate. no mater how you spin it.
don't you think it is highly speculative that one of your arguments is that the "grade of the gravel is different now."
it seems to me that the excessively optimistic don't have much HARD evidence and the excessively pessimistic have history to back theirs up.
on the optimistic side i hang on because pcfg has been able to hang on for so long and there has to be a reason beyond what any of us can see.and don't tell me you can see anything, your crystal ball isn't what i am referring to.
he he he
we have seen pics like that for a very long time now. the pics have always looked the same in the last year at least.
OMG. tires still? i sighted an article directly related to MINING.
its just related to costs. tire costs go up. fuel cost may go up. Does pcfg use fuel and tires? does it affect their profitability?
oh, you don't care becasue this will explode.
pcfg is having a very difficult time. can't do this this way forever
and now we know what a filing is.
doesn't it get tiring always having to justify pcfg and its lack of performance and defending a company that doesn't do anything but upgrade.
if one were to follow history they would find that everyone thought they were making money when gold was $500 pulling more oz per ton, now can't make money with gold at $1600 and are pulling less ppm.
unfortunately (because i own a lot) the next report will cause this to tank.
my opinion is that if the report is bad they don't make it to the end of the year.
$1600 and not profitable pulling very little gold out of the dirt
i spent all of 2 minutes looking at 2008 and i saw .07 as a high in january and sliding down to where we are now around .01 most of the year. I may have been looking at the chart too quickly, but i will trust you since you have more time than i do and are probably right
I have an idea. settle it and post what the pps was in 2008.
after you do that post what the equivalent market cap was.
shoot, take the high for the year.
where did i say is should be? i thought the poster was saying it WAS at .14 and i thought their claim was missing a couple 0's.
read the entire posts
i didn't say anything but that i thought his claim was wrong. didn't make any other suggestions.
Keeping Them Honest
"wise" investors here have said many times: "do your own DD". I think 2 more 0's need to be added right after the decimal
of course not.
i would guess we hear that again at least once in the next 6 months. maybe twice
after that even the fake longs will give up.
do you know how many qtr's i have heard "if not already there"?
I would like to see mgmt add that they are significantly increasing gold amounts they obtain from all of this work.
i could tell you that i am buying trucks, hiring drivers and have them driving 150,000 miles/year and adding teams to double that, but still only put 3 cars on my 10 car hauler, would you think i am advancing my plan or spinning my wheels.
Same Sentence: "we know (most likely). We don't know , we hope, guess, wish, assume. huh?
We actually assume they are getting SOMETHING with some certainty. With greater certainty we assume it isn't much based on history. We assume with some confidence it is greater than in the past though. We also assume it isn't close to profitability but closer based on obvious math.
thank you for simplifying your vague statement.
There is no money to be made by longs any longer. This is for those that can time it perfect, not day trading, but PR trading. the rewards are just getting smaller. although it not too difficult to have big % gains when the price gets as low as it is the problem is it takes large volumes of shares to get it done and the next day 100,000 shares can tank it.
and that means?????
are you giving me advice?
well that was all over the place.
if a company has everything but the product, they don't have anything. pcfg is getting worse than gambling now. it was gambling before, but with the information (or lack thereof) it is worse now.
sure, potential great payoff
sorry, i must have missed the parts in the last pr's that mentioned the gold they were pulling out.
no ones comments can change the pps even slightly.
you'll be in luck, tomorrow .01, next week .008 or lower
dividend will be 1 share per 1000 or more likely 10000. i think i will go out to dinner or at best 10 dinners out. not complaining though. 1 free dinner is nice
proven gold resource? proven that they can't get what they need with the equipment they have. no proof the changes they made will help.
run the equipment all day everyday until your investors dry up hoping it ends up working