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i think we see sub penny this week
lower and lower she goes
i don't deal in shorting or day trading at all. just long term investing. i guess I'm ignorant. what would it tell us when the dividend comes out.
what is the purpose of going public with the pacific metals. are they trying to push all the profit into metals where they will own all the stock.
where does the money come from to start new projects when the one and only project is not making any money and doesn't look like it will soon.
when mgmt is trying to determine how to plan for EOY they start doing that seriously in 4Q constantly tweaking and looking at the next years estimates. You do not see anything but the final numbers and you have about 1% of the info mgmt is looking at.
also, they don't have year over year yet like you claim. they have no history to compare to.
also, i love it when some say those that sell will have to chase. nothing wrong with that. some have been saying that for a long time. money isn't working here so put it where it can and come back to this when/if they get things going. if you are in the .001% of those that can buy at the lowest and sell at the highest good for you. most likely you will sell too soon and nobody will have gotten in at a higher point than you and sold later and made more $. no one knows what will happen.
if this is a guarantee like you say it is than it would still be at .08. very few think it is and that is why it is at .0138 going sub penny in the next few weeks/months.
if you have a loss in 2011 no matter what, and you think you are going to have a profit in 2012 would you want to hold some expenses for 2012 and revenue in 2011 to minimize your 2012 profit?
plant was running at the time of the pics
they look like everything else you have seen. a little bit of dirt coming off the conveyor with the occasional loader working.
i will spend a little time looking through my old emails. I wasn't the one that posted them. i emailed them to a user, something like wmclth, not sure if that is even close. he posted them so you won't see them from me.
2 pictures were posted and the videos arrived 2 months later so it was old news by than. i paid a driver 100 and a hotel for them. needless to say i don't give that driver as much work as i used to.
your not the first person to want to buy my shares or anyone else who isn't putting pcfg on a pedestal. if everyone who isn't a 100% believer or is holding this as a long shot sold their stock today you could buy all you wanted for .001 like it used to be.
buy your shares like everyone else and stop making ridiculous offers like that. send the check and they are all yours.
your post was a little confusing, but i will guess that you would like to know what pics I would like to see.
i have seen enough dirt going in and coming out to know the mine is working at some points in time. Now i just want to see the one of the gold coming out the bottom of the plant.
They aren't producing much and they are not profitable.
i used to complain that all i wanted them to do was turn the plant on instead of purchasing more expensive equipment. everyone thought i was crazy because the new equipment would allow them to pull more gold. I think they went backwards and are leaving all the gold in the dirt.
the plant is running, great. now run it at a profit. you all think it should be easy with gold at 1600. if they were profitable at 500 why not 1600. something is amiss and you can tell me all it takes is time. they don't have a way of making the sun stand still and time will run out on them someday. none of us are on the inside and don't really know what is going on, but 6 years tells me they may not be up to the task.
right there with you.
some people post the same non sense every day and point to the few days every 3 months that it ticks up as a sign that this can go somewhere and that today is the day we fly...go pcfg
just because we have a plant and it appears to be running doesn't mean there is a future here. maybe a future for a big gold mine to buy for .014. just because there is $X billion of gold in the ground does not constitute a $billion stock. I tend to think it is priced just right at .004-.014. If this is how we place value on a business than I have a proven (14 1/2 years) profitable transportation company for sale. based on the next 30 years of revenue i would guess $150,000,000. nobody values a company based on 30 years. maybe 5 or 3.
I think i have more experience here than 99% of the posters. been here since 4/06
i still have a good position. if something else came along i would sell, but besides physical gold i don't have anything in sight. i don't think pps will go down much, but i don't hold out any hope of this going anywhere this year or in the near future, If anything if it is as good as even the skeptics think someone will want to buy it that can make a go of it, but not for much more than it is trading for now.
just seems kind of monotonous with the repetition for so long here. i think every day someone says ".05 by friday", "they do everything they say" etc.
my guy that did a drive by didn't send me the videos for 2 months even though i gave him $100 and a hotel for the weekend. they don't show anything that isn't known. i just wanted to be sure for myself that something is actually happening there and it was not abandoned.
starting to look at this board every few days again. getting boring again.
the same things have been said over and over again for the last year.
if the company can't make money mining, the pps won't go up.
a company like this isn't worth $500,000,00 or $50,000,000 if there isn't much gold in the ground. if there is, say, 500,000,000 worth of gold in the ground and it cost a lot of money to pull it out, a buyout today would be worth, oh, .014 per share. hmmm
nice to see you have a good memory. human resources are also an issue in mining in NV right now. you can read the article if you can find it on google search. this will add to the expense of mining and producing. fuel cost, blah blah.
what you are missing is that this isn't going to become what everyone thinks it will. i have my speculations about the company and mgmt (obviously won't give some of you the opportunity to respond to them).
this may see .03 or .05, but most likely it is at the top now. mgmt has had more time than they needed and they are not pulling the levels of gold out of the ground that they need to.
jmo as an investor not a trader. this company was going no where even back when i first bought in 06
now let the attacks commence. if it makes you feel bigger and better.
is this thing still around?
i thought it would be gone by now. the up ticks are getting smaller and lower in the pps. this won't be good for even the traders soon.
wow! like i said, history will be repeated
i guess i haven't been missing too much here. jsut the same old same old.
it will not be in the 10q but will be announced august 15. it will be included in the 3rd qtr 10q
my pictures were from 11am yesterday. fyi
so at noon they had permit issues, you found out shortly thereafter?
i will send uwf more in the am.
i know you are just being sarcastic, but it is getting really old. can it still be fun for you?
oh of course, why didn't i think of that.
all i stated is what my driver told me. the entire time he was there not 1 truck arrived. a continuous feed into the hopper requires something new to arrive from mine. do they need some type of permit to mine that they might not have yet?
i am going to email the 2 pics i have. that person can zoom in and see what i posted earlier. with posters like you though i sometimes wonder why i would ever send them in.
just talked with driver. he sent pics to dispatcher with a couple of video. i will get them in the am.
around 8 employees.
no dump trucks operating
loader filling hopper continuously (almost)
loader and excavator fairly new
no brinks truck
actually it shows a geo tube filled. thats it guys. i will wait for more pics
i have received 2 pics. neither are very good. 1 shows no activity but it looks like dirt flowing out of the plant. the other is a pic from a distance showing just the main building.
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i didn't know it would be so difficult to post pics. what does the "image" icon do to the left. i'm not much of a computer wiz. who wants the pics. uf.... i had your email a while ago but i am not at work.
rocco definitely doesn't get any pics.
as stated before, i will be able to post/send them later.
does anyone know how i can get pictures to everyone BUT 9lt98x
maybe i will just keep them to myself. if you see massive buying that will be me. if you see massive selling that will be me....based on what i see in the pics.
driver texted me a pic of the nevada rae sign with the message that they are operating. he will email pics later.
that is all i have right now.
not a bad idea. with over 500 people watching, $.50 each should cover it.
i can take all major credit cards so the highest bidder gets them first. this cost me $200 to get.
phone doesn't have a camera so i will have to use my instamatic, develop them, scan them and email them :) maybe sometime this month i will get them.
u wont see them til late today. it is 7:43 there so plant should be running soon.
pictures being taken first thing in the morning. any specific requests.
my driver will be there sat nite, sun morning. does anyone know if the mine is operating weekends. i don't know if i can hold him off until monday. may be worth it anyway.
or november 15
i have a driver passing by Crescent Valley. it may fall over the weekend, but if it is monday, i will have him swing down. we'll see what happens.
this was stable when they were silent. maybe they should stop pr'ing for a few months
maybe when they pr that they made $100M since July 13th the pps will go to triple 0's.
HAMMER, I WAS WRONG