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I thought I was the only one that didn't flip last time. I feel like a kinda get the pattern now, but with the upcoming events, the upside potential is big. I'm afraid if I flip next run, the strong financials will propel this thing to new heights and leave me behind.
Let's try logic. Just because you sold in that range, doesn't mean that I think you are trying to knock it down. I'm not saying ALL people who sold in that range...
There are books that are easy to understand on informal logic.
People can think what they want, but I wouldn't be surprised if a group on this board sold at 7-8 and now are trying to knock it down as low as they can, talking about how they sold and how bad things are. They know damn that we'll be profitable by the end of the year, probably sooner and they want to get their greedy little hands on some cheap shares. You can't have mine!!!!!!!!!!!!!!!!!!!!!!!!!!
therat is still here!!!!
LONG AND STRONG BABY!!!!!!!!!!!!!!!!!!!!!!1
He still can't read past the small amount that they recovered from the gravel that was dug up years ago. lol. I think he wants cheap shares.
Nice work!
I'm still amazed that that's all anyone read. That was from gravel and mud that had been sitting there for 4 years. Did you read the rest of the announcement?
It will hopefully translate with revenues.
I'm sure it still will. Just not next month!lol
It was flying way too high and everyone knew it. Do you think the sell off spurred it, like self fulfilling prophecy?
Than why are you here? To rub our noses in it?
No major drama for a month or so may be kinda nice. lol. I think the next 6 months can be nice as well. If we are profitable by the end of the year, a lot of folks on the sidelines will be more likely to jump in imo.
Tell us what you really think!
Glad to see you here still!!
If we end up being profitable, our value HAS to go up. That's just how it works. I can't imagine people selling on our next quarterly if we show good numbers.
I agree we need new investors. There's too many of us sitting on big gains from buying last year. We need folks looking for a big return from our current pps.
When you lay it all out like that, it sounds great. We just have to have the proper perspective and recover from this gut shot. This board will be hopping with enthusiasm before you know it.
Its over now, but they did get people a little excited when they said they were shipping gold to be held. There are probably people on this board with 30 gold eagles buried in their yard or locked away in the basement. That was the only pr mistake I think that they made. They should have just come out in early August with what they were shipping, and then made a reference to the August 15 recovery rates. IMO of course. Once folks saw 30 oz, I think they got antzy.
The bright side is that considering all the shares sold, we really hung in there!
You should base you decision to buy and sell on whether or not you think it is profitable to do so not because of how you feel about a message board. We aren't a football team. Do what you think is best based apart from how you feel. GLTY
So what happens if a stock is naked shorted and the shorts can't be covered? I'm a little confused about this.
Wasn't the PCFG chart set up for a big move up before we dropped?
The double top pattern.
NI 43-101 is the world standard
Some dd on 43-101
http://www.apgo.net/files/FAQ_Amended.pdf
I really am curious as to how many companies release the actual document. They have to have one for two primary reasons (correct me if I'm wrong):
1. In order to obtain funding.
2. To be able to release specific #'s through news releases in Canada.
So PCFG can legally have news releases in Canada about how much gold is at BRCM. Apparently there is gold their, otherwise they could be sued for fraud and they wouldn't even have the 43-101.
Like I said please correct me if I'm wrong, but this is my understanding of it.
I'm just confused why what was released wasn't good enough.
Yes you're right. I don't think folks knew what the company was saying, though. I understood two things about it:
1. (reading between the lines) What they have gathered from the 43-101 probably wasn't great, but through their own tests they know that there is gold there and an ability to profit, but traders may not understand that, hence the "confusion" comment.
2. (straight forward) It costs the same to just go ahead and mine so to hell with a 2nd 43-101.
Now if I'm a CEO just trying to sell shares and I don't plan on mining (because its really expensive) I'll get the 43-101 and make all of the traders happy and dilute to hell and back. I can think of 2 companies that have done this off the top of my head.
If I actually plan on mining, then I just do it and put my own money where my mouth is and to hell with the traders. They'll come back around when we are millions in profits.
Maybe I have fallen in love with this company, but I really believe in them.
POTD
My heck give them more than 30 days to prove what they can do - sheesh
I hate to criticize the company, because they have raised this up from the ashes, but I kind of agree with you. They probably should have simply stated something like: we have taken a small amount of gold to....
They left a lot up to the imagination and I bet many people saw the 30 oz and ran like hell w/o thinking twice.
Alright folks, we may have to put vegas off, but we'll get there! I'm gonna work on my house and take my dog for a walk!!!
GO PCFG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Neither one of us can be sure, but I'm assuming the digging and hauling is the most expensive part.
Where are you getting the operating cost figure. They processed the gravel and mud that was already there. I think that figure is retrieving gravel and then processing. Truck rental, gas etc...
I don't think folks are going to let it get that low. We are still producing gold. It's an amazing deal at these levels. Probably 200% in a couple months at least.
I get that yesterday sucked, but there is no reason to unload at these levels...gonna regret that.
How did you determine that from the statement?
It's that kind of thinking that caused our sell off.
They really need to emphasize logic in schools and society.
We may have seen a spike from a better timed pr, but it would have come back down. All this way though? we'll never know. a lot of folks were disappointed with the numbers. They are used to email pr scams and expected too much IMO.
I think they did! I wish I had foreseen this and had some money cleared and ready to go just in case.
There would have to be an announcement of the shares being converted. I know you know this.
In your opinion, what would have made the news great for the recovery of the 1st two weeks worth of production? 1,000,000 oz of gold pr'd in an email...pathetic!
Please show me your proof. I probably won't be hearing back will I;)
They are a fully reporting company!!!
What is the reason for it though? In the past I understood, because there was still so much not known. But everything is great here except the price. I almost threw up at work today when I got on my phone and saw those 4's.
I'm not selling, but I am discouraged. Discouraged because if mgmt would just lie and give ridiculous prs like some foreign billionaire wants to buy the company for 3 dollars a share, this would have gone crazy!!! It amazes me how people are so willing to believe nonsense, that when something is true, they just throw it away. I'm disappointed but not selling because the fundamentals are still strong.
There's gold in dem dare ells