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The mill capacity is 150yds/hr or 1,200 yards per 8 hour day and 1,500 for a 10 hour day. Keep in mind that's a maximum and there will be some shutdowns.
Since you have some experience with dirt, could you make a guesstimate of how many yards are in the pile?
They got $1,422.18 per ounce during the fourth quarter. Bet you froze your ass off out there. Good job.
That's high desert out there and it can be colder than well diggers butt with the wind blowing. Looks like no mining going on, but the process plant is running which is where the money is.
Depemds on how thirsty I was. Good to see you posting again.
After all that effort put out by the new posters, I find it truly ironic that some boots on the ground dd has had a greater and more sustainable effect on the share price.
Excellent recon; you should get pi**ed off more often. Pretty good evidence that they're peocessing gravel.
Cheer up, Sumdude is back.
Yep, let's see if foxwood has more info on this.
Foxwood, refresh my memory which note is comng due at $.07 per share? What's your take on all the new posters?
Robo what's your take on all the paid promoters on the PCFG board? I suspect that rhe note holder may be behind the professional touts.
Persuant to SEC Rule 17 (b), have you been compensated to tout PCFG and by whom?
Well, some of us have wanted a PR firm to broadcast PCFG to the world. It looks like some outside entity has decided to do it for us. Hopefully, some of the many eyes looking at us now will stay for more than a week or two. The fundamentals of the company remain the same. We've got the infrastructure and the ore; let's see if we can process it and make some money.
JT, thanks for the PM's; most of this is a tempest in a teapot. All that posting and our volume was below our average 2.06 million per day and the share price ended up about where it started at. As Robo would say, "Bwahaha." \V/_ ;)
Check out the profiles of some of our new posters. Several of them have the square and triangle symbol with a dollar sign in the middle. That means they're Investor Relations Professional (IRP).
It might feel ok if you're flipping the stock and trying to make a quick buck or two, but how will you feel when there's no news and the share price tanks a few days later? When people are posting ten or fifteen times a day with inane drivel, I have serious doubts about their motives. It's the same effect as a company hiring a pump and dump PR firm. Stir up interest, sell on the peak and leave a bunch of angry bag holders.
Exactly, where did you hear that?
If you break down the MSHA numbers, you come up with 9.79 hours per day for each of the mill workers and 8.06 for each of the office workers. Which means the the mill workers are working 10 hour days or 6 eight hour shifts. The office workers are working a normal 40 hour week. Monthly costs @ an arbitrary average rate of $20.00 per hour works out to $68,540. That may be low; it all depends on the average rate per employee.
If they mined every available day during the fourth quarter, they would have a toral of 1,700 yards per day times 62 days in the fourth quarter which equals 105,400 yards for the quarter or 35,133 yards per month. Those are rough numbers, but it gives some idea of the amount they have stockpiled. The large stockpile was confirmed by Airdale's video and it would appear that they trying to mine as much as they can so they can reach their alloted yearly yardage. If that's true they're exhibiting some confidence in their abillity to process the gravel with a reasonable recovery rate. Profitability is contingent on volume processed and the recovery rate.
As always the voice of reason. Good analysis. The hype has been interesting with all the new posters. The company isn't obligated to report anything until the 30th of March when the 10K is due. A lot of this is based on pretty thin dd. We have yet to see any evidence that they are actually processing gravel. If we're lucky we'll see 100 ounces in December and if the Archmedian screw and the geotubes are fuctioning as designed, January may be better. It all depends on the recovery rate. If they can marginally meet their expectations, I'd look for a PR in early February. Until then all this buzz may be the creation of day traders trying to make a quick buck.
I hate to say it but Robo is right on this one.
The Bunny Ranch is in Reno.
What happened to LSU? The video doesn't show the conveyors running and Airdale didn't see them going during his visit. December looks like it's not going to be a stellar production month. Maybe 100 ounces if we're lucky; January will probably be better. The MSHA reports should be out tomorrow, but won't tell us much more than the hours worked. If the January numbers are good, I'd expect a PR in early February. The share price should drift around at the current level until there's news. We do now they've got a big pile of gravel to process.
Good to see that you've had your morning coffee. I'm curious to see if you get an answer to your e-mail. Your post has prompted some inteligent discussion; thanks \V/_ :)
Sorry, I thought you had some new information. I imagine they have the additional tubes online by now.
Perhaps, you misunderstood the question. Do any of your sources say, "no they are using at total of 6 with 4 in reserve. The 2 original ones and 4 additional ones."
Happy New Year, Dee. The MSHA report will give the number of employees and the hours worked and not much else. We know from Airdale's video that they're mining. The real questions are they producing and what's the recovery rate.
Where did that information come from?
The operatring word here is cautious. I'm not willing to start celebrating yet. Barring any substantive information on production and recovery rate, we're all shooting in the dark. The NDEP news is definitely good though.
Looks like things are looking up in the new year; thanks Trapper and Tradeberry. I'm starting to get a bit more optimistic. What's needed to get this launched is some production numbers and a good recovery rate.
Still got a sore butt from your cheerleading days, I see. \V/_ :)
Good information. So we know that the plant was running on the 23rd of December. Good news.
As usual you're exageratting the situation. You make it sound like it was a major disaster.
Bottom feeding again? \V/_ ;)
I'm not sure what all the soap opera is about either. It's standard procedure in workman's comp cases. My guess is that it's about the September accident. According to the MSHA report the driver had only 1 year of experience--no broken bones just bruises. So what's the big deal.
Here's a map by Roberts circa 1965: http://pubs.usgs.gov/of/1965/0137/plate-1.pdf
Roberts' full name is Ralph J. Roberts; he has an interesting biography on wikipedia. There's a report titled Our Professional Paper 400-B , is from 1950, but the title is "Geological Survey research 1960, synopsis of geologic results". Roberts report is on page 17, but I'm having trouble locating it on the USGS site.
What previous recovery rates are you referring to?
We'd have to keep Robo off of it.
We are in basic agreement. It looks like December is pretty much a bust. We probably won't see any significant production until all the geo tubes are installed. I don't think we'll see a PR until they've actually produced a significant amount of gold. Until then we'll hang around in the current range. If I had any spare cash I'd be buying @ this price. Sure would like to see the conveyor belts running and the trucks hauling tailings back to the mine site.
The MSHA numbers will probably be pretty high considering the amount of gravel they have mined. What it won't tell us is how much of the mined ore has been processed. I'd be surprised if they come in with 100 ounces in December. The key here is ore processed not hours worked.
Merry Christmas, Claude!! Let's hope PCFG and ERH* have a good New Year \V/_ :)