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Nope, Just testing the averages!!!
It did and will once it regains it's reporting status.
What I ment to say was, this also trades on the TSE so if you move your money there it should become increasingly cheaper to buy on that exchange as opposed to the OTCBB.
Remember this trades on the TSE Toronto Stock Exchange. So you have to figure the value in canadian dollars. I am almost finished moving my holdings out of the dollar. Here comes the pain!!!
Hey TT is there by chance you could change the color of the charts here? They are starting to burn my eyes. Sharpcharts selection "Night"!!!
Thanks LJ
Nope. When I turned the game on it was 10-1 so I just went to bed.
Yea so did you fire the rally monkey or what? BB bands are really close with 200 and 50 day tightening. Going higher!!! Nobody really selling here.
amnp was the topic that i responded to not pcfg. Although your targets may come sooner than you think. From what I've been seeing some large banks are about to go down.
Yea like watching paint dry in the rain!!!
let me know when it's above 2.50 so I can short it!!!
He always says he's out and then he's back within a week. C'mon TT take your balls out of your purse and start swinging for the fences. The fuse is lit on gold and she's about to blow!
For all the negativity surrounding the last PR you would expect them to dump shares. I'm just wondering where they are. Looks to me like this is still being accumulated. Although at a slower pace.
Also remember that Yorkville isn't bound by their shareholding limitation. I would expect them to drive the price higher at some point.
Short Answer: Yes.
Because in ground resorces on 500,000 oz is currently 500M and rising, plus the only debt the company has is a loan made by the person running the company.
Even if all 5B shares are issued and they recoup 20% of the 500M that's still .02 a share.
P.S. If you still have cash money turn it into anything that will be needed when the dollar is gone.
Shares are not money. Would not work. And soon the $100 bill you have won't either! All you American's are in denial. Losers!!!
My question was directed at you not everyone else. I already Know what they think.
In my oppinion the dollar is not worth the paper it is printed on. At least with PCFG you get more paper!
I guess that was a trick question. It should not have involved math at all. It was mearly a question of which you value more 1 US Dollar or 1 share of PCFG?
CC,
What is more valuable, the US Dollar or a share of PCFG?
Are you serious?
No way has 10% of the float traded!
I still have not seen an sec filing from yorkville. I know they are > 5% owner of this security.
When did Mitch lend PCFG money?
And I thought Landau's loan was not payable unless it was out of production?
Where's the sec filling on these new prefered shares that they issued? What are the terms?
we're already on vacation. Just waiting for the fireworks to start. Capitulation already happened. Gold heading toward $26K /oz. I can wait that long.
start diggin bitch!!!
I hope the PR tomarrow is kind!!!
I am still seeing substantial gost trades of over 100milion shares on my TD Ameritrade conmand center. Anybody want to speculate what that is all about.
I suspect that is close to the amount of shares held in marginable accounts, and are subject to naked shorting by your brokerage. Basically they will let you buy it in your account without them actually purchasing it themselves.
I was being sarcastic. Traded the whole day .003/.0031 and then 5k at .0025 and nobody cleaned it up. Shamefull!!!
whooohooo 5K at .oo25!!!!
Now someone clean that crap up.
Friday was your last day to get in below .003.
Yorkville will unload some today and then their limit of 4.99% dissapers. What would you do if you were sitting on that many shares? Exactly!!!^^^^ I would not be supprised in the least bit if they funded ORGG just for the hell of it.
If any of you are sitting on dollars take the opportunity to move into other currencys on this run it will make over the next few months. As soon as they start spending the stimulus money it's going to drop like a rock.
that was a dump trigered by my buy at .003. That is why I waited till 3:59:55 to submit my order. These bastards are still pulling the same crap.
Here is an exerpt from their 10-Q.
On February 26, 2007, Pacific Gold issued debentures with a face value of $2,440,000 and warrants to purchase up to 6,000,000 shares of common stock for net proceeds of $2,141,000 after fees and commissions of $299,000. The Company received $1,035,000 of the gross proceeds on February 26, 2007, $805,000 on April 11, 2007 and it received the final advance of proceeds of $600,000 on June 25, 2007. A description of the notes is as follows:
·
Maturity: The notes mature on February 26, 2009. The note-holder may elect at any time to convert its notes into shares of common stock at the conversion price (as described below). The lender is limited to total ownership of 4.99% of the outstanding shares of Pacific Gold at any time, so the ability to convert is limited.
·
Prepayment Obligations: The Company is required to make payments of $222,000, subject to certain adjustments, in cash or shares of common stock at the conversion rate of the lower of (i) $0.18 per share or (ii) 80% of the average of the two lowest volume weighted average prices of the common stock during the ten consecutive trading days immediately preceding the installment due dates as defined in the Convertible Debenture starting on July 1, 2007. The note holder has the option to defer payments until the maturity of the note.
·
Interest: Interest accrues at 10% on the outstanding face value of the debenture.
·
Conversion and conversion price: The number of shares of common stock shall be determined by dividing the amount owed by $0.18. The conversion price may be adjusted from time to time upon the occurrence of certain specified events considered to be dilutive to the debenture holder.
·
Warrant: In connection with the financing, a warrant to purchase up to 6,000,000 shares of common stock, with an exercise price of $0.216 per share and expiring February 26, 2012. In October 2007 the exercise price of these warrants was reduced to $0.18.
That's how we roll.
The next mine is opening in Humbolt.
We really don't need funding; we just say that so we don't have to leave our couch.
I think I made some shorts cry at the close. But I made those who have been here a while very pleased.