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.
SN, the quote below is a TOTAL misrepresentation! There never was a project manager, they are looking to hire one to take some of the load off of Mitch, who has been acting in that capacity. Listen to the Conference Call, minutes 6:43-7:01 please.
Increased liabilities, NO!
With decreased assets and increased liabilities - recipe for disaster!
First post on the board, welcome! Why exactly are you concerned about how this traded today?
Nice post sx! Educating the misinformed.....
Haha, nice try but futile attempt. Yes, the share structure is available because the company constantly updates it on their website, which they are NOT required to do - another piece of evidence that they are totally transparent!
Your claim of
Again, this assumes some inside knowledge that is not in the public domain. Please provide a link, or move on, thank you.
canadapetro, there most certainly are water issues that are being worked on. Suggest you listen to the conference call, specifically 19:15-20:43 at http://pacificgoldcorp.com/news2012.html .
The word guarantee assumes some inside knowledge that is not in the public domain. Please provide a link, or move on, thank you.
Which part of this is unclear - I will try to walk you through it. They are spinning off one of the properties as a separately traded company.
Pacific Gold Corp. (OTCQB: PCFG)(PINKSHEETS: PCFG) announced today that its subsidiary, Pacific Metals Corp., filed a Form 10 registration statement with the SEC to register as a reporting company in anticipation of becoming a publicly traded company.
Once Pacific Metals is registered, which will be at least 60 days after the filing of the Form 10, PCFG plans to take steps to distribute by means of a dividend a portion of the shares of common stock it holds in Pacific Metals to the shareholders of PCFG. After completion of the dividend, Pacific Metals will seek an OTCQB quote of its common stock.
Pacific Metals plans to hire an independent management team and begin to develop the claims it holds encompassing the historic Graysill Mine in Colorado. The claims are believed to host a mineral deposit containing significant amounts of uranium and vanadium.
To find out more about Pacific Gold Corp. (OTCQB: PCFG), visit the Company's website at www.pacificgoldcorp.com.
OT: my team, Union College, is in the Frozen Four tomorrow and I'm taking the day away from the board to enjoy. I've read and reviewed over 1,000 posts in the past 36 hours and need a break anyway. Have a good and productive day all, and I'll catch up on Friday!
Seriously?? Check the iBox
It was clearly addressed Fox, plus Mitch indicated the call was recorded, I would anticipate that will be released soon.
Good job Bang Bang, had to make it home so there was a lull which you filled admirably!
SN, he said that it would be released in the 10Q as usual.... mid May
Except that I didn't put out any numbers, I just made a comment....
Obama signs insider trading ban by lawmakers
http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-04-04-12-32-59
Cubic yards times the proven yield.
No, but that's because I only ask questions that I know he is able to answer.
I have a recording studio and volunteered to record it, but Mitch told me that it is already being recorded. More evidence that this will be very good news IMO
Back to the regulars, and we're all a lot more relaxed. Let's try to keep things on-topic, still many eyes on this board, it's #10 right now on most read. Looking forward to a calm day and not having to read through 600+ posts, and of course the CC!!
I might be inclined to agree with you, except that there would be no need to ask for questions from the shareholders if that were the case.
The tabs showing other stocks on the bottom makes it off-topic!
FOR ALL OF OUR NEW FRIENDS HERE!! Repeatedly posting the same statements is against the iHub TOU and will be removed as SPAM. Bring something new to the table with your posts please!
CC Questions.
Only a limited number were sent to me for compilation so everyone is best served submitting their own 2 questions directly. What I did receive is listed here.
Perhaps the largest single hindrance to PCFG achieving fair market value is having 5 billion shares authorized. That quantity of potential dilution emboldens shorters and frightens away intrigued investors. A reduction in shares to say 1 or 1.5 billion would immediately increase share price. With a higher share price less shares would need be issued for cash & services in the future to achieve your goals. With Nevada Rae now producing gold why don't you reduce the number of authorized shares?
You stated that you would be increasing the NRG production capacity. Can you provide an estimated schedule as to when and the approximate size of the planned increase.
You have stated that the B&B properties comprise an additional 2000 acres near the Nevada Rae Plant. You have also intimated that you would have an NI-43-101 performed on this property. A completed NI-43-101 could certainly add value to the share price. Can you provide shareholders a schedule for the initiation of this project?
(1) Will we reduce the A/S... and if so, to how many?
(2) When, and how many shares are going to be bought back by PCFG?
(3) What is the average "consistent" recovery rate ? !!!
(4) Are there any plans to certify the probable reserves to "proven" ?
As far as financial and accumulated debt...
How do they plan to resolve the problems identified, both short and long term, while protecting future earnings...etc.
In terms of share structure and financing...
I understand a junior mining company is sometimes limited as far as financing options; you cannot simply go to the street and say we have Precious Metals and REE's. In the past, financing has been through Convertible Debentures and Promissory Notes. However, with updated feasibility studies are there any new options and avenues for raising necessary capital or potential suitors with other companies in close proximity to you?
...And within parameters of updated feasibility studies...
Have you evaluated this property to property?
If so, how does this translate in terms of cost and production, recovery methods with improved technology, financing, and time-lines?
In regards to legal fees...
Even though the 10-K states it will not effect the 'operations' of the company, there is a monetary impact as a result of the litigation and a pending case. Will the company be able to deduct these fees if prorated as a business expense? And how do they plan to offset this expenditure in the interim?
SN, I'm not sure that moving to a cash position is a wise move at this time. Remember, you are dealing with information that is 3 months old and most likely does not represent where the plant is today. The conference call was not scheduled to just answer questions IMO, but to give current information on Q1 numbers as well as forward guidance.
Only have questions from 3 people - sorry I tried, all should submit questions on their own!
Just heard back from Mitch. He said either way is fine, so I will compile the list, removing duplicates, and send it to him. I will also post it here.
LMPA, I've already emailed Mitch to be sure it is acceptable. If not, I'll post the list here for people to select the questions that are most important to them individually.
Can't compile must of a list when only one person has sent me questions.... This is all there is so far!
(1) Will we reduce the A/S... and if so, to how many?
(2) When, and how many shares are going to be bought back by PCFG?
(3) What is the average "consistent" recovery rate ?
(4) Are there any plans to certify the probable reserves to "proven" ?
LOL, I sold CBAI at .08!
"Belive"ing in the company does not excuse them from lying to investors as this company and CEO have clearly done on multiple occasions. The CBAI CEO is not trustworthy IMO and should be thrown out the door!
So you are ok with a company defrauding its investors?
Did Matt Schissler lie to your face about CBAI?
I HAVE done the research, the answers are CLEARLY right here and there is NO disputing the deadlines. can you please provide an alternate site to validate your 'opinion' as to when filings are due for CBAI??
BTW, this IS an official SEC site!!
http://www.secfile.net/SEC_calendar.htm
Always willing to learn, can you please show me where you have found a different schedule for CBAI's 10K filing?
Please provide an alternate site that says otherwise - those are the official SEC deadlines for CBAI filings!
The SEC determines when the 10K is due, not Matt Schssler!!!!
http://www.secfile.net/SEC_calendar.htm
What part of Matt Schissler and CBAI are wrong don't you get? 3/30 was the deadline according to the SEC!!!