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Same here vik! NI 43-101 is the world standard, and verifying all of their claims is important. Well per the PR, they have stated they will NI 43-101 the B&B claims, and then release the entire NI 43-101 for lands around BRCM.
GLTA!
Yup, gold $1870/oz.
http://www.goldprice.org/
Very well put BB! Agreed.
GLTA!
Nice post h! Agreed, going long on the dollar and shorting gold and is carrying a hand grenade in your pocket, with the pin pulled!
Right, PCFG doesn't need promo's, it's a legit junior gold miner. They will earn their stripes the right way.
GLTA!
Agreed H3. Slow and steady is right way to go here. No need to hype or pump. Steadily get production ramped up. May take some time, but that is the right way to do it. Price of gold will take care of itself.
GLTA!
Agreed BB. I want them execute their business plan. Don't care about fluffy PR's.
GLTA!
Right, and that's being very conservative. I agree.
GLTA!
Agreed HDY! Buy and hold because the upside could be pretty high as we know.
GLTA!
Nice buying volume today.
GLTA!
Hypothetical at this point, but even if they are doing 20,000/oz per year (which will be low IMO) and gold is $3000/oz. $60 million bucks per year gross (not including production costs, etc).
Most folks aren't patient enough realize REAL gains.
GLTA!
True...hopefully they won't be in too much pain.
GLTA!
LOL, I'm thinking about in 2-3 years when gold is $3,000/oz+ and PCFG is cranking out the yellow stuff at max capacity.
Wonder what the PPS is going to be? LOL...................
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LOL, yup bound to happen. Either rent is due or beer money needed...:)
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That wraps it up nicely evmg.
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Not a bad idea JS.
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Yup, and gold will continue up.
GLTA!
Right, but it looks as if they are headed in that direction IMO.
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Nice.....:) Great news IMO. Nothing like throwing some cash at BRCM as gold is rocking! Granted they will get the $ over a couple of years. Just fine with me.
GLTA!
"At any point prior to the conclusion of the 24 month option period, Pilot Metals may exercise an option and election to either purchase 100% of the PMR claims, for $1,500,000, paid as three annual installments of $500,000 each, and an additional $1,000,000 payment to PMR on the commencement of commercial mining operations, or Pilot Metals may elect to enter into a joint venture with PMR for the mining claims by paying a further $1,000,000 to PMR paid as two annual $500,000 installments, with each company owning 50% of the joint venture."
Looks as if PCFG will get at least 2.5 million dollars.
GLTA!
That will look nice on the balance sheet...:)
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JIM, completely agree. Currencies are being devalued in the U.S. and all over Europe.
Gold standard is coming back.
GLTA!
Moving further along. Either way cash is coming to PCFG!
Nice find vlf!
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Nice day, good volume.
GLTA!
A little exposure never hurts...:)
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Nice post ben. I thought it was a very well thought out PR as well, but in the end I guess you are right.
PCFG, holding longggggggggggggggggggggggggggggggggggggg!
GLTA!
Nice add h! Cheap!
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Right, very difficult to enforce too.
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Wouldn't be surprised at all.
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I agree HDY. Potentially great things coming down the pike.
GLTA!
Yellow stuff $1814/oz.
http://www.goldprice.org/
GLTA!
LOL, I think I've lost a couple of hairs...:)
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"Cockroaches" is an apt description.
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Tell you ben, as a shareholder I want as much transparency as possible. More the better.
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I agree kent. Even a JV would make sense here.
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Nope. Same O/S. One can always call the transfer agent to verify.
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Right, LOL.
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Yup, agreed.
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Yup, quite a few exploration companies have risen above .20 on speculation alone. PCFG is a junior miner.
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Wow, gold is rolling strong!
GLTA!
Nice work Phred. Bottom line as production increases, the PPS will as well. Have to have patience though.....
GLTA!