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Right, correct...but the world uses it.
GLTA!
H3, great post. Exactly! The market is about making $. Make a few bucks short term, or.......look at the larger picture.
My shares will be looking shweeeet in 2 years.
I'll hold long term and make more $. Whatever...
GLTA!
Drilling will answer all the questions! Period!
Don't want to get too wordy....:)
GLTA!
Gold at $1790 is probably half of what it's going to be in 2 years.
Hello...................monetary policy!!!!!!!!!!!!!!!!!!!!
No brainer......
GLTA!
Yup, not fun to watch. But, I'm holding onto all my shares for 2-3 years. By then BRCM will be cranking on all cylinders and gold will most likely be over $3,000/oz. So, I can wait and add along the way....:)
GLTA!
LOL......
GLTA!
Wasn't the news per say IMO. PR was very detailed. Some took it as bad news for some reason. Probably a combo of profit takers, shorts, etc. Holding long anyway. Not fun to watch, but it's another buying opp. I didn't think I would have.
GLTA!
Not a bad idea rrss. On the other hand management's explanation is plausible to me. But, can't argue with you there. NI 43-101 is the world standard. We should get the entire NI 43-101 (current claims + BB claims) in 2012.
GLTA!
LOL, just have them read about inflation and gold's trend during inflation.
No brainer.........
GLTA!
Couldn't agree more H3. Makes no sense, irrational as you stated.
GLTA!
Do folks realize what's going to happen to the price of gold?
High inflation = high gold prices = increase in PCFG's worth.
http://finance.yahoo.com/news/Core-wholesale-inflation-up-apf-2544789783.html?x=0&sec=topStories&pos=1&asset=&ccode=
GLTA!
Good time to add, your co-workers should be happy here with a buy and hold strategy.
GLTA!
Let's see the PPS in 2-3 years. I'm guessing 10 bagger from here for those who are patient.
GLTA!
Nice post air. Agreed, bottom line is management has done everything they have said they are going to do.
Gold will continue up. Hmmm.....I think I'll stash my PCFG shares away for 2-3 years.
GLTA!
Right H3, the PR was right on target with what management had stated before. LOL, that's the market. Not fun to see a 50% retrace....not fun at all. Longer term PCFG will be just fine.
GLTA!
Agreed, that would be incredible news.
GLTA!
Like seeing that! Smooth out those waters....:)
GLTA!
Agreed, there are always shakes.
GLTA!
I think a buyout is a very good possibility, but down the road IMO. They would first have to NI 43-101 the rest of their properties IMO. I believe they will have the money to do so in 2012. Per the PR, they will do so at BRCM in 2012.
But, very good possibility.
GLTA!
Yup, never thought we'd get to these cheapies....opportunity IMO.
GLTA!
PCFG is just starting out, and will be profitable. Just going to take some time. Management has done a very good job to get BRCM into production, and they will continue to expand production in time. Investing depends upon one's time frame. I'm looking 2+ years down the road when gold is much higher than it is now, and PCFG is in full production at BRCM. Fernley is yet another property to put into production.
One can trade, or invest IMO. It's all about making money period. Kudos to those who made money and doubled up on shares, or took profits. Nothing ever wrong with taking profits in the market.
I did not, have all my shares and will add to my stash again this week. May take some time, but PCFG will emerge as a junior mining growth company once full production is ramped up. I consider the current PPS a buying opportunity if one is long.
Gold will continue higher, and most likely much higher.
GLTA!
Yup, have to look longer term here.
GLTA!
Nice move 0331. Apparently you are right, long term PCFG will be just fine as they ramp up production. Short term a lot of traders dumped shares.
GLTA!
You said it Hammer. Don't get it.
GLTA!
Mr. Buffett is right on on that one!!! Completely agree what!
GLTA!
Just need patience here boyw.
GLTA!
Couldn't of said it any better, nice post.
GLTA!
Amen vlf, nice post!
GLTA!
Same here MT. Looking long term here. Price of gold and PCFG will benefit longer term.
GLTA!
LOL, nice comparison. Ain't that the truth! :)
GLTA!
Agreed H3, doesn't make sense but that's the trading world we live in.
GLTA!
LOL, nice post ben.
GLTA!
I thought I was finished buying last Thursday. Guess I need more powder.....LOL.
GLTA!
Not fun, true paul. Company in it's infancy though. Just starting out.
GLTA!
I may have to add myself if it stays this low.
GLTA!
Yup, not here for beer $. I'm holding long because I know where the price of gold is going.
GLTA!
Well, PPS wise who knows right? But, Let's say in a couple of years PCFG is cranking out 30,000oz/yr and gold is $3,000 an oz.
The PPS is going to be A LOT higher than it is now...LOL...that's for sure.
GLTA!
Could well be JIM. Shorts are abundant!
GLTA!
Right Hammer, see ya!
GLTA!
Same here JIM. Guess some folks needed to pay the rent. That's ok, no wrong or right way to trade.
This remains a 2-3 year hold for me, yesterday's PR verified that for me.
GLTA!