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Like I said, it's only a death spiral if there's death at the end of the spiral.
I think it just comes down to this, is PCFG closer than it ever has been to getting a full quater of production with a possibility of better recovery? If the answer is yes, than maybe it's worth the gamble. If not, #%@:(%:#:(#(@(@!%)i#:5093(%#####.
Pam Monahan, help! we need more gold!
Now that's more like it.
By the way Nobody, let me be the first to congradulate you on being back in with old gaurd of PCFG. I hope to see the old Nobody we knew from a couple of years ago who was a constant source of positive encouragement. Ya, we may go down a little more, but we know it's going back up.
I see the low of several years back being .0011.
Darn it Nobody, if you'd only waited it would have gone up!
Hey Trapper, anything on Pam Monahan?
MMs are plenty spooked.
Just remember folks, it's only a death spiral when there's death at the end of the spiral.
Has the company survived this berfore? Yes
Does the company have more going for it
than it ever has? yes
Does the company have more properties for
future development? yes
Does the company have a viable product that
will be more dear as time goes on? yes
Actually, becoming a shareholder of PCFG does reverse your stance quite a bit. You most likely haven't taken a long position but you've always known there was money to be made here. I myself am a long and have a dream of this comapany making it. It may stay a dream but I'm betting that if Rob and Mitch have kept it going this long without lining their pockets with shareholder's money and puting their own money on the line, there is a chance the company can make it.
Don't you hate being right sometimes.
I got the feeling that they couldn't count the pile of pay gravel as an asset with a value in the 10q anymore.
That is a site where one posts their resume. So the info came from Scott, not from the company.
Fox, I believe you may have gotten that info from Scott Ackert's resume which he may have embelished slightly. Anybody remember Pam Monahan?
You ask
"if they will get financing anyway possible regardless of shareholders, how is that good?"
The answer to that is they know they are close to getting more gold out of the ground on a consistant basis and they refuse to give up.
Well one thing negative and positive people can agree on, the gold mining sector hasn't been the place to be for a while. We place our bets that things will eventually turn around as they always do. For PCFG, it is a crapshoot, but man, what a pay off it would be if Rob and Mitch could pull this off. They havn't given up after 8 years and tenacity trumps all else.
This company has been at it since 2004 so "fly by night" would be a phrase that just won't cut it here.
From my experience, one of three things. Either a chunk of cash in your brokerage account, some shares of the company buying out PCFG. or a combination there of.
We're all here to make money, it's just that some have a different way of going about it.
I've been here over 6 years and I've seen it all, they're not getting my shares either.
PPL,you hit the nail on the head. But remember, just because you hit the nail on the head doesn't mean you're not bashing your own thumb.
One thing is for sure, the water coming out of the geo tubes in Robo's pictures is a lot cleaner than the water coming out of Zapito's pitures of the tubes. I'd say our clean water issue has been handled and there's a very good chance we are on the way to profitablity. Thanks Robo for riding with a blow torch in your face and taking the pictures at the mine site.
Well I just bought some more shares at .01. I'm willing to take the risk that this little mining operation with great tenacity will make us a lot of money. I respect your realistic viewpoint but every once in a while, hope wins out over experience.
Sir, mind your wager!
Since our company owns a uranium mine, this article is very relevant.
http://www.kitco.com/ind/EnergyReport/20120719.html
Mind your wager man.
Looks like our new manger is getting a handle on the gig.
Long since May, 2006.
Here's something quite interesting. I found that the manger at Nevada Rae Gold is Pam Monahan. I called and found she works from 7 am to 3pm. Since I called after 3:00 she was not there. I can't seem to find any reliable google stuff on her other than she lives in Battle Mountain, I think. Anyone with some superior sluthing maybe?
http://www.nevadaworkforce.com/cgi/databrowsing/employerDetails.asp?menuchoice=&geogArea=3204000011&empId=629287087
Why do you think we will lose the lawsuit, you do know the guy that is suing us owns a website called "Hot waitresses.com" don't you?
Well, I guess you bought in at the depression stage of the investor emotion chart. At least let's hope so.
Why don't you email Mitch with your concern?
Just a severice. Give's the business and American touch.
http://www.lasvegasvirtualoffices.net/
Well, we're all here to make money, good luck to you.
I've been invested for 6 years now, never sold a share, buying more every month, riding it out to the other side.
When I try to get more information about the jobs available at Nevada Rae Gold through a Monster.com link, it tells me the job is no longer available. I'd say that's a good sign for the longs in this bunch.
Schwab.
But they do have tenacity, a true incompetant bungler could not have kept the company afloat for 8 years, and yes, they are closer to being a profitable company than they have ever been. With the current environment of the price of gold, I'm willing to see this through to the other side and see what 8 years of tenacity can bring. Im not selling a single share and I'm buying more every month.
When PCFG takes off, and it will, otherwise you wouldn't be spending your valuable time composing doom and gloom posts, many of us will be waving at you while you're standing back at the train station.
Quote: "As it stands right now, based on my last post, PCFG has been nothing but a failure for traders/investors and the pps proves the market sentiment."
And don't forget about every other jr. minor. So eventually we will rise with the rest of the boats with the tide.