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Well, the 8K turned out to be a bust. I think that the previous dips in August and November weeded out the majority of traders in the mix and left a solid core of investors or the fool hardy. Take your pick. It seems that those of us that are left are incorrigible optimists and/or believers. Things should get interesting from now until the anticipated 10 K. It seems that there are many folks watching waiting for a bit of good news to make the plunge. I sure hope Mitch and Rob don't have a sadistic side and delay the report just for kicks. Mitch does own a couple of medical service firms and could benefit from the extra business from investor trauma induced coronariaes.
All kidding aside, everyone with the few usual exceptions really stepped up to the plate in the last couple of days. Well done. \V/_
Fox, don't let anyone light your fuse. :-}
Everyone knows you don't have a short fuse. Stick with the research and let others do the heavy lifting. Nothing counters BS like the simple facts. \V/- Nice to see you out of the penalty box. ;-}
Clarity of communication is not your long suit. \V/_
Yep. This old Chicgo Cubs fan might actually see a winner for once, barring some fan snagging a fly ball out of a player's hand. The 150 ounces is a ballpark (Ha, couldn't resist) figure. Hopefully we'll have some real numbers to crunch when the the 10K comes out on the 30th (SN: please note the 30th!, not the 31st).
Where's Robo?
I think a lot of people got burned on the runups and are a lot more cautious this time around. They seem to be saying, "Show me the beef."
Everybody's a little touchy this morning. Your question was legitimate. Welcome aboard. As you can see there's a lot of good dd here.
Brevity is the soul of humor. LMAO. \V/_ ;-}
Nothing like the the horse's mouth as opposed to the other end. From the 3rd quarter 10Q:
You're the one who's not reading carefully. If Blackfire opts for 100%. it's $2,500,000 minus the 15% for the lawsuit. So, where's the sub pennies now?
Good to hear from you. Where have you been?
How you are Dee? Lot of yacking going on which doesn't make much "scents" to me. Monday just may turn out to be a non event. The Blackfire deal is for $3,000,000 if the they choose to take it over 100%. The $2,000,000 figure is for a joint venture. insert-text-here Also, don't forget the 15% to the Platro scum bags. Pilot mountain will be a strip operation not hard rock.
Well, at least we're not just sitting around watching the paint dry anymore. Friday's press release was a good thing; it'll let things settle down over the weekend . Monday may be a non event. Nobody, with the the exception of Nobody, is going to sell into apparent bad news. If there's any fluctuation in price, it'll probably be just MM's selling bewtween themselves.
As usual good dd from everybody, especially Foxwood. Thanks guys and gals.
They weren't served until March the 7th.
Check UWF's Post #81566 where this was apparently settled in December of 2009. Do you concur?
How could they buy warrantrs that were settled in 2009?
Thanks for the research; saved me a lot of time. You're right; something about this doesn't pass the smell test. They are probably related to William Sheriff, et al from the Blackfire deal. I strongly suspect that these guys got some indication that PCFG is profitable and are trying to make a quick buck. My hope is that PCFG files a countersuit and screws them out of some cash. Wouldn't that be great.
I also don't see this greatly affecting the current trading range on Monday. It might shake loose a few nervous Nellies, but that's about it. Anyway, we've got something new to chew on for the next couple of days. Bundy may get his cheap shares. \V/_ :-}
It's amazing what kind of vermin come out of the woodwork when there's a scent of monry.
Haven't heard from Robo on this. His dreams of a bankrupt play may be dancing before his eyes.
It looks like this company is a predatory fund run by an under forty hot dog based in San Diego. I'm curious to see which debt that they "recently" acquired. Could be something left over from the toxic finacing days.
Edit: I'm wondering if this might be the reason for the wall at $.0165?
Ok, here's the link to the original agreement.
insert-text-here
Ok, here's the link to the original agreement.
insert-text-here
What note was due recently? Foxwood, where are you?
Edit: Some much for complaning about no news. Careful what you ask for. \V/_
From my reaeding of it is sounds like they're the outfit that got the note at a discount. Sounds like a scum bag operation. Well, it's better than talking about tires.
What I'd really like to see is the company declaring a small dividend or having a shareholders' meeting which would screw anyone with a short position. If you've got a wish list, you might as well have a good one.
If they follow their normal pattern, they'll inform sharholders of the January and Febuary production figures. Those will be real numbers not projections. If they're working the hours that the MSHA report indicate, then they'll have a large cash outlay and will have to produce enough gold to pay for operations or get further financing. You were one of the critics who griped about the belts not running. Now that they are, you're still griping. Curious. \V/_ ;-}
Still haven't got enough shares? All of the SEC reports have provided forward guidance. What makes you think they won't this time? Stay away from the french fries. \V/- ;-}
Hopefully all or gold has been removed before the tailings reach the geotubes. The tubes and sand screw are there to remove particles from the sluice water for reprocessing.
Been eating the fermented french fries again? There's no reason not to expect forward guidance in the 10K if they follow their usual pattern. \V/_ ;-}
The fourth quarter being a bust is pretty much a given. We know that they are processing the stockpile from the videos, so the forward guidance should be relatively good dependent on throughput and recovery rate. Seeing the belts running and the full geotubes did a lot to reassure me that they're doing OK. The running belts calmed a lot of our collective fears. All the negativity is reflected in the current trading range and even mediocre news should drive the price higher. Still a crap shoot, but the odds are in our favor. If they ran at 75% capacity for the first two months of this year there probably will not be a need for further dilution. Hopefully they're at least breaking even at this point.
Mr Positive as always. \V/_
No, it was PCFG's predecessor at Black Rock Canyon. PCFG is traded on the OTCB.
That's the mountain range just to the West of the mine site which feeds the Tub Springs and Black Rock Canyon Claims. It runs SW to NE and forms the Western edge of Crescent Valley. Check out the Sattelite images, Google Earth or the US Geological Survey maps.
The C. Bélanger, P. Eng. and Bharti Engineering reports are yet to be seen. I've had no luck chasing them down. Also note the business about selling gravel and sand. Landau says pretty much the same thing in the interview with the local paper in the 2006-07 time frame. They were even going to build a landing strip--again, smoke and mirrors.
The company reports were always glowing, but I couldn't find anything that confirmed that they actually built anything. That coupled with the Toronto exchange shutting them down and the double dealing with the properties just before the shutdown indicate that most of the pr was, as Robo would say, smoke and mirrors.
Pretty much what I found too. Barexor never really did much at the site as far as I can find. John Uhalde who ran the Major Barrite mine earlier might be a bit more interesting.
The last figure that we have is about $1,420 an ounce from the refinery. Still a great return.
What's up with the Twitter account? Nothing since the 27th of February.
Why not lemmings?
The 10K may be significant if they follow their past history. We're all aware that the fourth quarter is going to be, at best, mediocre--100-150 ounces. They will probably give the production numbers for January and February as they have in the past. If they're recovering between 150 and 200 ounces a month, they'll be at least breaking even and perhaps even profitable. The key numbers to look for are throughput and recovery rate.
The videos, especially the one showing the belts running, are a good positive indicator. They at least need to break even to stop the toxic dilution. All in all things are looking up. We'll probably see some runup before the the 10K. What happens after that all depends on the January and February numbers. If the news is good $.25 is a possibility. If not we're headed for the sub pennies. One good sign is that Robo seems to be eying his pom poms. This time I won't grease his pole. Although I might try some super glue thi time.
Had to do something while waiting for the paint to dry.