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Here are excerpts from one of the NI 43-101 links that crusher provided:
http://www.mesaexploration.com/i/pdf/Mesa-Potash_43_101.pdf
"The author has reviewed all the available data provided by Mesa Exploration Corporation and finds no reason to doubt the validity of the data."
"Mesa Exploration has done no drilling on the Utah Potash properties. In the general area of the three properties, there have been more than 200 oil and gas wells completed over the years. Many of them penetrated the Paradox formation and intersected its potash beds and brines. Lithologic logs, geophysical and other data (including pressures and temperatures for some) for nearly all of these wells are available from the Utah Geologic Survey?s log library and via the internet. Very little information has been preserved regarding drilling or sampling techniques used in the drilling of these wells. However location data are well preserved."
"1.7 Interpretation and Conclusions
The author considers that the data provided by Mesa Exploration provide an accurate representation of the Utah Potash Project. The geology and controls of mineralization in the immediate area of the property are reasonably well known as a result of surface mapping and extensive oil and gas drilling. The presence of the adjacent Cane Creek mine which has been producing potash for 45 years, using the same process envisioned for mining potash at the Utah Potash Project, indicates that solution mining of potash there should be feasible. The recovery of potash and other products from the supersaturated brines should also be straightforward since similar brines are a primary source of potash, lithium and other products. While not yet sufficiently well defined for mining purposes, both the brine and in-situ potash resources appear to be quite large, based on the oil and gas well data, and on brine studies from the 1960?s and 1970's."
"22.0 CERTIFICATE OF AUTHOR I,
Dana C. Durgin, do hereby certify that:
1. I am Principal Geologist of: Delve Consultants, 2881 Fargo Way, Sparks, Nevada, USA 89434
2. I graduated with a degree in Geology from Dartmouth College in 1970. In addition, I obtained a Masters Degree in Geology from the University of Washington in 1972.
3. I am a member of the American Institute of Professional Geologists (CPG #10364), a Registered Professional Geologist in Wyoming (PG-2886), and a member of the Geological Society of Nevada.
4. I have worked as a geologist for a total of 37 years since my graduation from university. I have completed several NI 43-101 Technical Reports for projects in Mexico and the USA.
5. I have read the definition of “Qualified Person” in National Instrument 43-101 and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work experience, I fulfill the requirements to be a “qualified person” for the purposes of NI 43-101.
6. I reviewed the data and authored the report. I am responsible for the preparation of the entire technical report titled “Technical Report, Geology and Mineral Resources, Utah Potash Project, Grand County, Utah”, dated April 30, 2011, for Mesa Exploration Corporation, based upon my critical review of current and historical technical information.
7. I visited the Utah Potash Project site on February 21 and 22, 2011. I have had no prior involvement with the property that is the subject of this report.
9. As of the date of this certificate, to the best of my knowledge, information and belief, the technical report contains all scientific and technical information that is required to be disclosed to make the technical report not misleading.
10. I am independent of the issuer and have no financial or material interests in the property or with Mesa Exploration Corporation.
11. I have read National Instrument 43-101 and Form 43-101F1, and the Technical Report has been prepared in compliance with that instrument and form.
12. I consent to the use and public filing of this Technical Report prepared for Mesa Exploration Corporation, and to the filing of extracts from or a summary of the Technical Report in the written disclosure of Mesa Exploration Corporation as required, and confirm that it fairly represents the data of the Utah Potash Project.
Dated this 30th day of April 2011. Dana C. Durgin"
DRCAL, you explain that "verification refers to independent verification and testing as a scientific process," and claim that this is not possible by a geologist in normal circumstances unless they were to "do the drilling or assaying [themselves]" or "go out and re-inspect and reassay they core samples."
The example above shows that is clearly not the case, and provides insight as to what a "normal process" entails.
Morning guys.. what an awesome list!
This board is getting ridiculously off topic.
Please post about PCFG and PCFG alone. All posts about other posters are off topic.
Your logic is flawed as there is no bid/ask spread on the greys, hence why I said that it "looks like" someone dumped their shares. The only reason otcbb shows the trades in red or green is due to uptick or downtick in share price.
So your analysis is not "the FACT, JACK"
There will be no transfer of shares. There is no new entity. Live with it.
Looks like someone dumped their 14k shares at .006 (which they likely bought for around 100x that price), and some anxious bagholder was nervous about the price resting below the .01 mark so they paid $22 (+ commission) to paint it back up to .011.
I would hardly call this action "chugging along."
There is no future for this stock. None. At all. Period.
If you short any stock below $2.50 you must have $2.50 on margin for each share you short. This is a requirement of nearly all brokers which facilitate these transactions. Of course you much also reserve the shares to short as well. This makes it incredibly difficult for retail to short pennystocks; the margin requirements are exponentially greater than the investment or potential profit, the risk of loss is greater than 100% of the investment, and most retail brokers do not allow you to reserve shares nor do they have any available for you to borrow.
PCFG with some buying opportunities for folks who aren't on the wagon yet..
SIRI is going to run strong this week with their news joining the Nasdaq-100 Index!
Fact: Gold has nothign to do with SAEI. They do not produce gold and they never will.
Fact: There will be no transfer of shares to another company.
Fact: This company is still under investigation by the SEC.
PCFG is treating me very, very well today. Technically I haven't made anything yet because I am still holding, but I am very green there
You have been incorrect with almost all of your predictions to date. I expect your terrible track record to continue.
GLTY!
LOL! I seriously cannot focus on my work right now..
I will admit, PCFG is making me extremely giddy today!
WOOOOOOOOOOOOOOOOOO FRIGGIN HOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!
PCFG will be giving PSPW a run for its money as STOCK OF THE YEAR!!!
Volume is already well past the 10day avg, and we are not even a full hour into trading today..
Let's just hope the volume is constent and continues throughout the day!!
You didn't miss it, it's not there. Not overly concerned at this point since it seems the volume here is very healthy and there are major events in store..
Believe me, I'm excited and loving seeing the .04's get gobbled up!!!
Minor oversight on my part. That was also in the PR dated June 28th.
Does not change the fact that they have made a point of announcing the OS in every PR and it has been omitted from this one.
Yes, but that 10Q is for the period ending Sept 30, 2010. The last PR before this one was on 6/28/11 and had the OS in it..
http://ih.advfn.com/p.php?pid=nmona&article=48231313
Just saying, they have made it a point to put the OS in every PR they released over the last 6 months or so. I just find it odd it is left out of this one.
I'm not trying to detract from the PR but we need to take it for face value. This is not "the production PR," it is "a green light by NDEP" PR. "The production PR" will have recovery rates and other detailed information about their operation which this PR lacks.
I am still holding all of my shares here.
Ok ok ok ok ok.. sorry.. GOOO PCFG!!!
Anyone else notice they didn't mention the OS in this PR?...
Love this PR... BUT...
They made it a point to announce the OS unchanged in all recent PR's.. it is not in this one.. maybe a little unsettling.. we'll see..
Pacific Gold Corp.-NDEP Operating Approval
Date : 07/08/2011 @ 8:30AM
Source : MarketWire
Stock : Pacific Gold Corp. (PCFG)
Quote : 0.0383 0.0 (0.00%) @ 7:43AM
Pacific Gold Corp. (PINK SHEETS: PCFG)
The Company announced today that its subsidiary Nevada Rae Gold, Inc. ("NRG") has received operating approval for the Black Rock Canyon Mine from the NDEP.
The NDEP has approved NRG to operate the mine with the use of two Geotextile tubes.
NRG is currently drafting an EDC submittal to present to the NDEP for permission to build a field adjacent to the site settling ponds for a further eight to ten Geotextile tubes.
The NDEP has also approved the installation of the Hy-G bowl recently purchased by NRG.
NRG plans to complete final site preparation, including the Hy-G bowl installation, within the next few days and then begin processing gravels for gold recovery.
To find out more about Pacific Gold Corp. (PINK SHEETS: PCFG), visit the Company's website at www.pacificgoldcorp.com.
About the Company
Pacific Gold Corp.'s business plan provides for the acquisition and development of production-ready and in-production mining operations. The company is focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. owns four operating subsidiaries: Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada; Pilot Mountain Resources Inc. ("Pilot Mountain") owns Project W, a large tungsten based deposit in Nevada; Fernley Gold, Inc. ("Fernley Gold") acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada; and Pacific Metals Corp. ("Pacific Metals") owns claims in San Juan and Delores Counties, Colorado, encompassing the historic Graysill Mine.
This news release includes forward-looking statements that reflect Pacific Gold Corp.'s current expectations about its future results, performance, prospects and opportunities. Pacific Gold Corp. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward- looking statements are based on information currently available to Pacific Gold Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2011 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
Contacts:
Pacific Gold Corp.
416-214-1483
www.pacificgoldcorp.com
LOL! wait till monday you can buy a whole encyclopedia
yup just bookmark that link and check it a few times a week, it should tell you what is happening, even if it is in a very convoluted way that is difficult to understand..
Damn! I'm surprised you have any energy left to post.. lol!
Here is the link Trapper.. it is updated as the events unfold..
Ross Lipkau is the attorney for the plaintiff, Pilot Mountain Resources.. Donald Lattin is one of 3 attorney's for the defendant, Platoro West Inc./Wolfranium Resource Corp.
http://www.ccwashoe.com/public/ck_public_qry_doct.cp_dktrpt_frames?backto=P&case_id=CV11-01181&begin_date=&end_date=
29-JUN-2011
03:57 PM Motion ... De Lipkau, Esq., Ross E.
Entry: MOTION FOR ENTRY OF DEFAULT
06-JUL-2011
03:11 PM Objection to ... Lattin, Esq., Donald Albert
Entry: OBJECTION TO PLATORO WEST INCORP. WOLFRANIUM RESOURCE CORP, WILLIAM SHERIFF TO THE MOTION FOR ENTRY OF DEFUALT FILED BY PILOT MOUNTAIN RESOURCES, INC - Transaction 2329535 - Approved By: AZION : 07-06-2011:15:20:42
06-JUL-2011
03:21 PM Proof of Electronic Service
Entry: Transaction 2329590 - Approved By: NOREVIEW : 07-06-2011:15:21:57
It seems I misunderstood it.. Looks like PCFG filed a motion to close the case due to Wolfranium not appearing in court and they filed an objection, now the Judge has to weigh in..
Hold on I'll find the link...
Nice trade taxi!
News is too little too late.. seems like many are using this news as an opportunity to cut their losses and move on..
Ahh it seems you are correct.. so it was an objection for the motion of default filed by PCFG..
either way, wolfranium has been failing to appear in court and that will not bode well for them..
I got french toast at a deli here downtown once.. never again..
Only time I miss NJ is during breakfast when I can't get taylor ham egg and cheese...
Morning morning.. about to head out the door to work myself..
Looks like PCFG has gotten the lawsuit over the Pilot Mountain Resources property dismissed by default.. I assume this means that Wolfranium never appeared in court.. either way it is certainly good news.. the Pilot Mountain property is what the Aussie company, Black Fire Minerals, is doing research on for a potential JV or buyout...
I think it means that PCFG filed a motion to dismiss the case on the grounds that the opposition has not shown up to court, and that their motion was accepted.
In short, I believe it means that we won
Glad you are makin good use of your time and that you are happy!
PCFG is moving so much better than I expected.. They still have time before they really get rolling too, and I'm already up over 30%...
Sup trapper! Workin hard I take it? Ihub is less exciting when you aren't around.. LOL
And apparently it's already been withdrawn! LOL
http://www.eonline.com/uberblog/ask_the_answer_bitch/b250820_how_many_millions_will_casey_anthony.html
Great chart, thanks a lot!
Looking at how long I've been holding PCFG in the red, I will HAPPILY hold a few more green months!