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do you have a link? thanks.
did anything hit PACER around 10:40 EST?
very interesting action here so far this morning.
i noticed while rereading the PR from yesterday, that there is some information that is nicely worded. my comments in red.
"In late August the Company was informed by the Nevada Division of Environmental Protection ("NDEP") that it would be required to change the liner under the two previously approved geotextile tubes. This additional environmental requirement resulted in extra work which took time to complete and no production at the site was allowed by the NDEP until the additional work was finished."
i'm taking this as it's implied in PAST TENSE. the requirement on the first two tubes is complete.
"The Company was also required by the NDEP to meet some very strict requirements for its construction of an additional 8 geotextile tubes that are required to properly run the mine. As a result many days in September and October were spent on repairs and construction of the geotextile tube field, and this required most of the mine and plant labor to participate. The Company is expecting NDEP approval to allow commencement of the use of the new tubes in the third week of November."
this could be done anytime between now and thanksgiving, IMO.
"The Company screened approximately 12,000 cubic yards, from the stockpile and newly mined gravels, in approximately 150 operating hours, producing approximately 50 ounces of gold."
50 / 150 = .333oz/hr - this is also only with 2 geotextile tubes.
"Black Rock Canyon Mine operating costs for the third quarter were less than half of the expected rates even though the Company used labor for purposes other than mining during the geotube construction. Costs in the fourth quarter may increase, as compared to the third quarter, with increased production as additional, machinery, fuel and electricity are used with the increase in mining volume. The Company's equipment supplier is working with the Company on a lease proposal that will reduce the equipment rental fees by as much as 50%."
working on lower operating costs = more money in the company's pockets.
just my brief interpretation of yesterdays PR. still holding strong.
oh this is gonna go real high in a few years IMO. they are a producing jr. gold mining company.
doesn't hurt that the product this company is pulling out of the ground is worth more than $1700/oz.
http://www.kitco.com/charts/livegold.html
thanks for the welcome. i'm also holding pcfg but weak hands ran today after 10Q came out.
technically speaking, we're about to kiss the parabolic SAR on the 100day. if this uptrend continues, we could break past it either today or tomorrow, IMO.
i suppose we'll know when we know.
any idea what the profits calculation could be?
10/26/11 S. Ard 10 Corresponding and attending calls with
P. Solomon personnel relating to profits calculation. 2.10 $630.00
the market seems to agree a bit too.
it's also nice to see that there is more than just TALK of settlement.
there are documents now.
10/21/11 J.A. Nelson 10 Conferring with trial team and
reviewing settlement documents. 1.50 $787.50
10/22/11 J.A. Nelson 10 Conferring re settlement documents. 0.30 $157.5
i for one definitely hope so. i have a feeling i share the same sentiment as many others on this board.
go wamu! daddy wants a home theater!
thanks mattchew!
yo dawg, i heard you like trades so we put some trades in your trades so you can trade while you trade.
i hear ya. that last billing was interesting though.
nice to see there was about 17 hours put into the mediation.
not sure if i wish it was more or not.
that's nothing new. we all know he's a piece of $hit and will get what's coming to him.
probably still trying to get the weak hands out...imo.
you should probably just sell your shares and walk away then...
i wish i had some dry powder.
oh i'm not worried. i just logged on and saw that, so i posted it without reading every other post before doing so.
GO PCFG!
anyone else see this?
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB
http://www.sec.gov/Archives/edgar/data/1137855/000115895711000415/nt10q093011.htm
what wall? NITE is the only one at .042 and that's only because no MMs have made ANY movement thus far this morning.
thanks!
DelShareholder: JMW has granted the 2 wk extension and expects a report at the next hearing on 11-22
posted 1 day ago.
thanks SN. gotta start somewhere, right?
samesies, i didn't have an order in nearly that big but i had some extra chunky laying around so i accumulated a bit more.
i was filled literally as i read your post.
they're holding back orders.
i haven't received my divi yet. bought in on 9/19
thanks, probort.
are they holding back orders, prepping for a run?
only 1,111 shares traded, 1 second after the market opened.
CSTI sitting at .047
s'what i'm hoping for. we at least know what we're holding!
quiet day on the western front, eh?
Red Dragon Mission to Mars
Space Exploration Technologies (SpaceX), has developed a capsule that can take large payloads into space. On Nov. 30th 2011 they are launching one of their Dragon capsules and docking it with the International Space Station (ISS).
Dragon docked at International Space Station
Source: NASA
The CEO of SpaceX, Elon Musk, says that they are working on upgrading the capsule so that it could take even greater payloads all the way to Mars. They have been working in conjunction with NASA to determine the feasibility and cost of such a mission and the results have been staggering. Usually the cost of a space mission is measured in billions of dollars, but using the Dragon capsule and Falcon Heavy rocket, the cost of a mission to Mars would only be $400 million. To put that in perspective, the cost the Mars Science Laboratory, Curiosity, is $2.5 billion. For a fraction of that price, the Dragon capsule could take a much heavier payload to Mars.
Dragon Spacecraft with Solar Panels Deployed
Source: SpaceX
The proposed mission, called Red Dragon, would send a drill to Mars in order to take an unprecedented look beneath the Martian surface. Red Dragon would drill approximately 3.3 feet underground and sample the water ice that lies just below the soil.
A still from a SpaceX mission concept video that shows a Dragon capsule landing on Mars.
NASA plans to send Red Dragon either to the landing site of Phoenix Lander or Viking 2, both of which are known to have subsurface water ice. Red Dragon would not launch until 2018 because they are still upgrading the Dragon capsule and running it through rigorous tests to ensure it can survive the trip to Mars and the harsh environment of The Red Planet itself.
Landing site of Viking 2 in 1976
Source: NASA
SpaceX is not stopping with Red Dragon; CEO Elon Musk announced earlier this year that they hope to send an astronaut to Mars within the next 10 to 20 years. This is much faster than NASA's plans, which has a goal of man on Mars no sooner than 2035.
One thing is for sure, the ambition of SpaceX and other commercial companies will help to further the exploration of Mars, and make space exploration cheaper than it has ever been.
"Ultimately, the thing that is super important in the grand scale of history is 'Are we on the path to becoming a multi-planet species or not?' And if we're not, that's not a very bright future, we'll simply be hanging out on Earth until some eventual calamity claims us." - Elon Musk (CEO of SpaceX) at a conference held on 02 August 2011 by the American Institute of Aeronautics and Astronautics.
http://www.marstravel.org/2011/08/red-dragon-mission.html
i'm trying to pick some more up.
and boom goes the dynamite!
anyone else seeing these mirrored trades?
i'm seeing it on 3 other stocks too.
anyone else seeing these mirrored trades?
i'm seeing it on 3 other stocks too.