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Always was a 2-3 year hold for me, and this just verified that. Gold will continue higher.
Excellent PR.
GLTA!
Outstanding H3!
GLTA!
"The Company plans to eventually prepare an updated 43-101 on the entire resource area controlled by the Company, however this action has been delayed pending the acquisition of the B&B claims and for financial reasons. Once the revised 43-101 report is completed, which the Company expects to not be until at least the middle of 2012, the Company will consider releasing a summary of the results of the report but not the entire report."
Nice, prove up B&B claims then release the entire NI 43-101 for BRCM when completed.
GLTA!
Comment from the CEO, Rob Landau;
"I am very pleased about the progress that we have made at PCFG over the past six months.
I feel that we are now ready for consistent production and we plan to work diligently to convert PCFG from a Company developing a mining operation into a Company operating profitably.
We are working at building a long term growth business and are looking to fully develop the BRCM as well as beginning work at our other projects."
CHECK THE LAST SENTENCE!!! "BEGINNING WORK AT OUR OTHER PROJECTS"!!
BOOM!!!!
Nice!!!
GLTA!
"In August and September the Company plans to increase the plant throughput gradually on a weekly basis with daily targets of 750 yards by the end of August then up to 1,000 yards by the end of September, eventually to as much as 95% of plant capacity."
Sweet!!!!!!!!!!!!
GLTA!
"The Company expects a gold grade of 0.4 g/yd3 processed during the third and fourth quarters."
Still reading.............
GLTA!
Good point Wolv.
GLTA!
Understand your frustration Vort. Emails should be returned with a response. Even a canned response.
Hopefully they will make it up to you with a bang out 10-Q.
GLTA!
LOL...nice. Way to be air...keeping it loose.
GLTA!
LOL......yeah time to hand out the Xanax.
GLTA!
I originally thought a pre-market PR would make most sense, but I think it was VLF who laid out the merits of an after hours PR.
Nice post.
GLTA!
That's all you can do fox, no big deal. If they PR the 10Q it should replace the current one.
GLTA!
Agreed H3, they worked pretty hard to become current. Hard to believe they would mess up that hard work. I think we'll get it today.
GLTA!
OTCQB isn't a guarantee, true. I agree there. But, big difference between fully reporting and a typical pink.
GLTA!
Important post vlf, EXACTLY! If one goes back and reads every PR for the last year, they have done EVERYTHING they have said they were going to do.
TIC....TOC....TIC....TOC!!!!!
I think we'll find out in about 45 minutes....:)
GLTA!
OTCQB........not a pinkie...
GLTA!
Yellow stuff is having a good day....
GLTA!
Vort, after thinking about it, I agree. After hours PR gives a nice chunk of time before the market opens tomorrow.
GLTA!
LOL.....BS.
GLTA!
Yup, and that doesn't include Fernley!
GLTA!
Should be a fun 4 hours...:)
GLTA!
Right on vlf! I don't think PCFG would be sending gold to the refinery for credit if the recovery rate stunk...:)
GLTA!
Nice post air. New equipment, better efficiency. I guessed a pre-market PR, I was wrong. After hours will do....:)
GLTA!
Tic...Toc....Tic...Toc....:)
GLTA!
Gold recovery PR likely after hours.....LOL...what do you base your post on? LOL.
GLTA!
Shares are shares new, nice buy!
GLTA!
Nice grab new!
GLTA!
LOL........that would be a sweet buy..:)
GLTA!
Couldn't agree more Deck. Gold will head higher and PCFG will benefit BIG TIME from that rise.
GLTA!
Ha...that's right H3!
GLTA!
Exactly H3. I'm looking at PCFG as a long term hold.
GLTA!
LOL, yes it would.
GLTA!
Agreed jr, could be a great Fall here. Drilling will tell all.
GLTA!
Same here SG, guessing pre-market.
GLTA!
Exactly h, new and much more efficient equipment likely.
GLTA!
Nope, they have had plenty of opportunity to dilute and haven't. Good example were the B&B claims. Leased the claims in "gold sales" not shares.
GLTA!
I know fox had mentioned it's about 220 miles away from BRCM I believe. Not sure of the exact location.
GLTA!
Added to the equation is the continued rising price of gold. JP Morgan picking gold to be $2,500/oz by year end.
We shall see, but as gold continues to rise so does PCFG's value.
GLTA!
Great post bb, I completely agree. 2-3 year hold to allow them to get all of their property into production.
GLTA!
Agreed pro, Fernley could end up being pretty big and a great addition to the BRCM mine. Nice post.
GLTA!