Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's strange. That wouldn't happen through the route I use. I use SBSH through Speedtrader.
That sounds logical to me. So if we were #1 most read board on Ihub, 80% of the readers are traders. So where do all the potential investors hangout? If you know lets go get um.
Of those that come to Ihub, what % do you think are traders and what % are investors?
PCFG is like an unsung hero! Great news today and I expect it to continue!
This stock is a no-brainer buy and hold for more events to unfold!
Entry into a Material Definitive AgreementForm 8-K for PACIFIC GOLD CORP
12-Sep-2011
Entry into a Material Definitive Agreement
Item 1.01 - Entry into a Material Definitive Agreement
On August 10, 2011, Pacific Gold Corp. issued promissory notes to investors in exchange for approximately $219,000 USD.
The notes pay 10% interest and are due on August 10, 2013. The principal and interest, on the notes, are convertible into common shares of Pacific Gold Corp. at a fixed price of $0.07 per share.
On August 2nd, 2011, Nevada Rae Gold, Inc., ("NRG") a subsidiary of Pacific Gold Corp., closed a lease agreement with the owners representing a group of additional mining claims adjacent to NRG's existing leases and claims in Crescent Valley, Nevada. NRG leased a 75% interest in the mining claims. On August 22nd NRG leased the remaining 25% interest in the new additional claims bringing its total interest to 100%.
The lease calls for NRG to pay the claim owners a gross royalty of 4% on gold sales or $0.50 per yard of gravels mined, whichever is greater. NRG will be required to make annual minimum advance royalty payments of $20,000. The term of the lease is for 10 years with an option for NRG to extend the term for a further 10 years. NRG must also keep the claims in good standing during the term of the lease.
On September 9th, 2011 Pacific Gold Corp. subsidiary Pilot Mountain Resources, Inc., received official notice and payment of $450,000, from Pilot Metals, a subsidiary of Black Fire Minerals, that Pilot Metals is electing to exercise its 24 month option, to purchase or joint venture the Project W claims.
As of September 12th, 2011 there are 745,732,651 shares of outstanding common stock of Pacific Gold Corp.
hey Wolverine, I only buy that explanation up to a point. Anyone that was planning to hold longterm would buy at the ask, which would drive the price up despite the MM'ers. Just not enough money coming in. IMO
Pathetic volume! Please excuse the neagtivity. I still think this stock need to be marketed somehow. IMO.
I just updated my count on the PCFG millionares club showing the shares I added this week!
Great thoughts Fox!
Here for others if they missed a great post:
Bad habits die hard, nobody wants to take the "big hit" all at once, that's why the PCFG short positions drag out the inevitable and slowly cover through price manipulation, they keep the stock down and cover here and there but not all at once, I suspect they left massive short positions open through year end 2010 thinking it would take much longer for the company to execute its buiness plans, surprise.....the company is fully reporting, has secured financing and is in production. Maybe they thought they could cover a portion in 2011 and the rest in 2012, now they know they have to cover soon.....too many positive things are happening with the company and the stock is holding HUGE gains (1,000s of % points). Just look at these numbers:
52-Week High
08/12/2011
0.0843
52-Week Low
09/16/2010
0.0019 <<<<<< SHORTED ALL THE WAY DOWN!
It's just a matter of time, but the clock is ticking.
Fear? There is nothing to fear about buying or owning PCFG so the shorts should cover and then go long! That would cause an upward explosion.
Bid is .0435 and ask is .0464. eom
Robo becomes a real HOBO with this great news! Go PCFG!! eom
PCFG no trades yet? Is that right? eom
Thanks for the explanation ws. eom
But with the tax deduction the loss will ultimately be less. I guess it depends on a persons perspective.
Hey anyone interested in going prospecting?
Excuse the off topic but I've got gold fever. LOL
PCFG's tax write-offs. At about 30 cents to the dollar of tax write-offs that means that PCFG will get back about $81,000 dollars a month. Isn't that good?
Hey John, yes Vortmax posted yesterday, post 66352. eom
John I know who you are talking about, he did great spread sheets and I can't remember either, yet. :)
Cool Twotone. I qwould have been in much sooner too if I had only known about it! One of my pet peevs not telling the world about this investment opportunity. I know it will all happen on it's own. :)
Hey VM, I like your view. That's my view too! I is an investor in PCFG. Only been in since Dec 2010 but added some more yesterday. All is good with my investment. IMO.
Hey John, yes having an e-mail ignoring no matter by whom is irritating and dissapointing. H@ll hire me as their PR man and I'll answer every inquiry even if it was a canned response. I'll even help then dig gold too. LOL
Aloha Viewmaster..Its happened to me and I don't post much! I just enjoy reading the great DD when get here about PCFG and I know the newbies appreciate it too! Look at gold way up and PCFG is busy scooping up and processing that rich dirt! It will keep getting richer as they did deeper. I sent the company an e-mail (which they didn't respond to) asking about how much richer it will be as they get down to bedrock! Oh well.
Happy trading
Frank
Maybe there is an investigation underwway and they were advised to discontinue posting on this board due to them being witnesses against who or??
Yes. EOM
Good day. Small volume, up 5.4% mostly accumulation. eom
Cool Phred6! My power just returned and I'm back on the air. My work power of too. Boy do I have some catching up to do. :)
That makes sense. Thanks. EOM
Phred6.. What do you mean by: " Eventually, when we are a fully producing gold mine"
I was under the impression that we are a fully producing mine right now! Isn't the operation at the Black Rock mine, fully producing?
I appreciate your insight and keep up the great posts.
Frank with gold fever. :)
Cool!We as holders of PCFG could choose a money dividend or a small gold nugget!
What will make them come?
Hey that's not what I mean't!
Investors that will drive the price wayyy up!
Yeah! I'm wiring more funds today to take advantage of yet another buying opportunity. We longs know this will rise back up and beyond soon enough.
And a lot of you huys don't think we need to tell others about PCFG.
hallucinated! Thanks for the reminder as to all that is to happen with PCFG and maybe a few surprises thrown in. Adding the price of gold's continuing rise and the profits keep getting larger ever day!
Hum, I see $1875 as well when I went to gold charts live at the site I posted. :)
http://www.sgxniftydowfutureslive.com/index_files/Goldchart.htm
Wow! PCFG's product keeps getting more valuble day by day. I need to get out there with my PI detector and find my own gold mine. :)
I see $1853.00. Where are you looking? I'm looking here:
http://www.sgxniftydowfutureslive.com/index_files/DOWFUTURES.htm
Hey John, I'm with ya and thanks for sending the e-mail to the company. Yes we do have different views but we all still have the same ultimate goal: To Make Money!
Hey nobody3, took me longer than usual to figure out what you saidm when you said the word "dilutes" in your post. LOL
Hey Phred6! You said:
"Right now, we're in a holding pattern and will stay that way until we get the next PR."
Why should another PR bring in investors?
I know you don't like marketing but how the h@ll would I know about most things that I consume or everything in my house or my house itself? It's not just word of mouth or a PR, IMO.
Your talking about NASDAQ having new options for smaller companies? I coundn't anything either if this is what you are talking about.