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Agreed. We enjoy your enthusiam, but it's a little much.
Someday soon will move up nickels and dimes rather than pennies!
Your right, they are going to have to reverse split again to even have a prayer. After the split the stock should be sub penny without a doubt. Wonder how there going to execute a plan with no money. With a month to month lease, they can get kicked out at any time.
Looks like they missed their filing 10K when they said they would.
Because of the additional work involved with correcting the error disclosed in the Form 8-K, the Company was delayed in beginning its preparation of its annual report on Form 10-K and will not be able to file its annual report on Form 10-K by the prescribed deadline. The Company expects to file its annual report on Form 10-K by January 13, 2011.
Speaking of DD. You heard the mill did NOT get a permit to operate, right? No mill, No Income.
Is that base on Fiction?
Based on what? They were denied a permit to open the mill. No new news about prospects to get a permit to open the mill. They are not currently doing any mining. What are you basing your optimism on?
Not only is their website down, Their annual report is due today. Waiting on the news. Not expecting anything positive.
You're probably right with no news. Just have to wait and see.
If they don't announce a plan soon, I'll be done with this company. Been involved with other stocks that were all "hat and no cattle" sort of speak. I hope this company can execute a plan if they have one. GLTA
Since a PR has not been forthcoming since the Dec 16 meeting for the permit. I guess we will only be updated by the quarterly reports. Does anyone know when the next quarterly report is due?
A must see refresher video.
Thanks Burkhard for clearing that up!
I didn't listen to the meeting, so do you think this mill doesn't have a chance? Was Wally a hard person to deal with at the meeting? If the tailing pond is corrected, do you think the mill could open?
Looks like the price of Gold is making a comeback today!
Did you consider the 200 reverse and forward split? That one share from NPWS at .0023 would have been .07666 today accounted for with the splits, so haensys would be correct that this stock is at an all time low. IMO
Well said Slojab!
Jenna,
I admire your point of view. I have been involved in another stock that had produced fluffy PR's and no results. Your also right in your opinion that CGI is going to have to comply if they want to open the mill. You are giving objective critism about the issues facing this company. Keep it up. All of this wishful thinking on this board is just that at this point. The company did have plenty of time to comply and failed to do so. That is a fact. I understand your frustration. I hope the company gives a honest Press release on how they are going to resolve the issue for the permit and execute it without a hitch! I share your pain.
I added another 10K to the Club!
What rebound? LOL's
I'm going to add more this morning!
I would guess they would wait until the new equipment is installed. If don't wait, there still would be down time to install the new equipment which would take longer since you probably would have to stop production and start again. This is probably the best time to change or add equipment since we are heading into the middle of winter. IMO
Pacific Gold Corp.-Black Rock Canyon Equipment Order
TORONTO, ONTARIO, Jan 03, 2011 (MARKETWIRE via COMTEX) -- Pacific Gold Corp. (PINK SHEETS: PCFG) announced today that it has placed an order for a 12 inch Hy-G concentrating unit, including a concentrating bowl and hopper.
This new unit will be primarily used to clean up the concentrates produced from the main screen plant and the 48 inch Knelson bowl installed at the Black Rock Canyon Mine. The Company is anticipating that the Hy-G equipment will reduce labor costs, and improve efficiency, in the plant gold room by allowing larger amounts of concentrates produced from the main Knelson bowl to be cleaned in a shorter amount of time as compared to the shaker tables currently installed at the mine.
The Company is anticipating receiving the new equipment within 6 weeks.
Corporate Information
Currently the Company has 743,732,651 shares outstanding.
Pacific Gold would politely ask its shareholders to refrain, where possible, from attempting to directly contact Company suppliers, this practice has the potential to cause damage to the Company's relationship with suppliers, causing increased expenses for the Company.
9lt98x 230K and holding long
Thank you. Learn something new everyday!
I am not a professional investor by any means and maybe you can shed light on a strategy for us longs. I have heard if the longs put in sell orders at high prices (that you know aren't going to be sold anytime soon) that this ties the hands of the MM that they can't borrow those shares for the shorts to use. Is there any truth to this strategy or is it full of hot air? By doing so would it help us? I heard this from another Ihubber on a different board.
Looks like Neah Stock price is still way overpriced. Here is a notice of late filing with the following language.
The Company’s Statements of Operations are expected to reflect a net loss of approximately $5.9 million for the year ended September 30, 2010 compared with a net loss of approximately $6.5 million for the comparable period in 2009. Net Cash used by operating activities was approximately $1.3 million for year ended September 30, 2010 compared with approximately $1.0 million for the comparable period in 2009. The Company had no revenues in the year ended September 30, 2010 compared with approximately $1.1 million for the comparable period in 2009.
I didn't mean to be the grinch at Christmas. I appreciate all of you and others input about my concerns. I do have a position in the stock and I do remember about 4 yrs ago when this stock was around $2.25. I took a pass then. Yes penny stocks are risky and yes speculators make the market. I am sure some of the longs have stomachs of steel. I wonder if there are any longs that bought at $2.25 that are still here? Just from my past bad experience in a different stock where the company put out tons of Press Releases how great their product was and all these potential deals including hype about uplisting to the AMEX,letters of intent they had and when the financial came out they had nothing! This was and still is a Penny stock. Not long ago that stock went up to over $8 a share on the hype and is now under .02 I am sure investors here work hard for there money and want to make the wise decisions on there investments. JMHO
It is not that I don't believe. I have been involved in other companies where the hype is exagerated and the stock price goes no where or declines. Financials do make a difference regardless what others may "speculate" that this company is going to the moon. Maybe it is. Part of the reason why I think this stock is not steadily climbing is because they haven't reported in a while, and investors would want more transparency before investing there money in the company. That's my only point. This stock was going up towards .07 at one point and some I hubbers are WEEEEEEEEEEEEEing it up. Based on speculation. It was nice of John to spend his time to visit the site and note the activity, but wouldn't you think management would keep the shareholders informed of any pertanent developments? I personally don't find it helpful to hype or speculate on what may or may not happen. If we were all smart enought to predict the future, we would all be rich. Only time will tell. IMO
For a company that hasn't had any quarterly financial filings for a while, I wouldn't get my hopes up until they get current. IMO
Yeah, for all the great work they've been doing.NOT! LOL's Might as well sell now so you get something rather than nothing IMO
Makes no sense to me. Gee they give you a "dividend" of .5 shares for each common share, after the 4 to 1 forward split? After all said and done this came to the 6 to 1 forward split? How does that math work?
The reason I believe they can't get a contract is that their fuel cell is to expensive. That is the reason they haven't sold anything to Eko Vehicles, Hobie Cat, Navy, Defense Contractor the Electric Car Company. IMO
Because their are more sellers than buyers.......
I don't see a reason for the stock to go up at all. Just do some DD from past Press releases,company filings and look at what the results have been. IMO
Read Post 47380. Don't fall in love with a stock. Do your own DD. Their company statements appear to be misleading and inconsistant. I was tempted to buy into this stock a few weeks ago amongst the hype, but glad I didn't ! Remember, pigs get slaughtered....
It is apparent the company is running a scam. IMO
Don't know what good that would do. If you look at all the PR's and "letter to the shareholders" etc. you will find they have no substance or truth anyway.....Just a waste of time IMO
It wouldn't cost 60K out of pocket from CGFIA. You can buy a bond through a broker for pennies on the dollar. I am in the construction business and an example of a village requiring a 20K bond would only cost me $100......
Your right. The stock has been in a downtrend and looks like it will continue.