7 insider buys are a real good sign. They certainly know more than we do about good things happening. If anyone here is doing options, the Jan 2014 calls with 1.00 strike price are only .15 and are looking really cheap here with a potentially huge payback.

Good luck to all holders.

Tradeberny

That would be a great question to ask at the SH meeting.

Lost $40k today. There goes the SUV I planned on buying in a couple weeks to replace my 10 year old Honda.

To think I was proud of myself for picking up a few million cheap shares at .0021 range a few weeks backs to average down. Sold 14 M shares at .0017 to .0021 today to make sure I don't lose everything. Management really thru us a curve ball that no one saw coming, accept for the privileged ones of course. Or was it a dirty rotten sucker punch after stating they were close to profitability and would do a share buyback. Bullshit at it's best.

Also can't believe they announced this just before SH meeting.

Tradeberny

That is great news. I was starting to think management was purposely hiding bad MSHA numbers. Not the case at all and numbers are impressive. Looks very efficient as there are less office hours but increased mill production. Let's hope they hit some good recovery rates. Recent activity suggests that good news is comming down the pipe and that SP was purposely manipulated downward to allow certain individuals (including Rob and Mitch) and VCs to grab some cheap shares. I am betting that those cheap shares are going to be worth a lot more in the near future.

Tradeberny

This comment from LOWTRADE board.

"Lots of shuffling going on at PCFG. This could be positive news, along with managements ability to get sooo much new funding in year 3 of the OTC game. Business plan Prep work !!! Pay yourself, close old debit and open new, clean up share structure.

Respectable price and share structure is the first signal management is thinking about success and up listing.

Hate to even think good thoughts about an OTC company. But I take all this action as a positive."

Tradeberny

Another 8k out

Tradeberny

What taxes??? Is PCFG making a taxable income? Thought they had more expenses then profits.

Tradeberny

44 million shares trade so far today. How many friggen shares do these guys have????

Tradeberny

Gold up $31.00 on QE3 announcement. Our turn will come

Tradeberny

Gold up friggen $25.

Tradeberny

Yea saw that. 10M at .0023. Who knows what happened there.

Tradeberny

We need to watch ATDF. They were the ones dumping like crazy the last couple of weeks. They have now pulled off the ask and the price is running. If they stay off the ask the run will continue. My 1M shs at .0021 I picked up yesterday are looking pretty good right now but time will tell.

Tradeberny

Bundy, I think we will hit bottom here today. A good bounce back to .004 to .006 is in order. A month or two from now, many will look back and kick themselves for not buying more at these levels. I hate the financing, but if the only alternative was shutting down the mine due to lack of funds, I can live with it. We know the note buyers got a 45% discount and are currently selling. Why not also take advantage of this opportunity and purchase shares at a huge discount just like they did. With spinoff coming and higher gold production, this will turn around and start moving up. Also, with elections coming and QE3 announcement, analysts are calling for 1800 Gold price by years end. All good for PCFG. What we we need is confirmation of decent gold recovery and we start a nice long term uptrend. GLTU

Tradeberny

Great buying opportunity and easy double from here, that is why.

Tradeberny

Filled 1 million at .0031. Hope the bottom is in here but who knows.

Tradeberny

Picked up 1 million at .0051 this morning. If we go that low again, I will load another million or more. Doubt we ever get below that but will buy even more if we do.

tradeberny

Not when you are deep in the red and trying to average down from a big loss. My average cost .034

Tradeberny

Darn! Had a bid for 1M shares at .0041 and almost got them. Upped my bid to .0051 but I think I am too late.

Tradeberny

Funny how the ask showed 5K available at .0067 and you hit it with 300K order and ask does not budge.

Tradeberny

Awsome play $heff. My account shows over $40,000 profit already on 10,000 NAVB shares and 300 options I purchased (calls with 2.00 strike expiring in oct) a few weeks ago when NAVB was trading at 3.27. After reading your solid DD, I sold all my losing positions and loaded the boat with NAVB. I have been tempted a few times to pull the trigger and sell but NAVB keeps going up so I keep holding. Also according to your DD, it seems the best is still to come with PDUFA in Sept.

Just wanted to take a minute and let you know how much I appreciate all the time and effort you put into this Board to help fellow investors in a totally unselfish way. Not many people like you out there these days.

God bless you and your family with good health and many happy moments.

Tradeberny

Does that mean that anyone having SWTR shares cannot sell them until the friggin promotion is over? That would be BS at its best. Then where are all the CTDT shares being sold this week come from???

Tradeberny

If anyone thinks this is the time to get out of Gold producers like PCFG, think again. Major bottom in place and gold stocks are going to have a major run.

Tradeberny

http://thedailygold.com/major-cycle-bottom-in-gold-and-commodities/

Gold soaring up $34 today.

Tradeberny

Very close to my calculation of 210 ounces I made in an earlier post. Heck I would be happy with 100 to 150 ounces in the next qtr. Would show a definite improvement and they would be profitable. I think GOLD has hit bottom and will start to rise again in coming weeks and this will help all miners. No way in am I going to give away my shares at these levels. I am waiting for dividend, profitability and share buyback, all coming in the next few months in a context of rising gold prices as governments continue money printing. GLTA

Tradeberny

Easy math. 35 onces for 2 weeks = 17.5 ounces per week x 12 weeks per qtr = 210 ounces. Sounds pretty good to me if they can keep this rate for an entire qtr.

Tradeberny

Knew you would show up right about now to pick up cheap share. Thanks for the clear buy signal before the next runnup!

Tradeberny

Do you know what the structure will be? Are we getting 1 share of Netcents for every 1 share of On4?

Tradeberny

Found it. Post 87962. Promotion for 30 days starting April 9. I guess it is ending next week.

Tradeberny

I know about those and they were in the past. Thought I read a post a couple weeks ago about hiring another firm for 30 days and it went to the 2nd week in May. Someone even posted the day it was ending but maybe I am starting Alzheimer's.

Tradeberny

Did'nt we hire a PR firm for 30 days and pay $7500 ? Does anyone know what we are paying for? They sure don't seem to be doing much.

Tradeberny

Don't worry about ROBO. He is just trying to pick up cheap shares. He knows the next 3 weeks is runnup time.

Tradeberny

Not sure if that is actually happening but if it is, imagine what will happen when they start doing the opposite and buying back shares as they stated in the last conference call. They also said they were close to being profitable so buyback is coming probably this summer and add to that the spinoff dividend and this could really start flying as investors will be wanting to get in on time to get the dividend. Exciting times coming for PCFG shareholders. If this gets anywhere near the penny mark, I will add another 4 or 5 M shares to my current holdings and average down as I am convinced that we are now seeing a rare buying opportunity that won't be around for long.

Good luck with your investments.

Tradeberny

Nice post SX! Do you see the dividend spinoff off Pacific Metals affecting this sitution. Will they be forced to cover?

Tradeberny

Out at .562 today to limit losses. This RS stuff is BS. Awful timing on the part of management. Hope everyone holding makes out OK.

Tradeberny

Wow Kooks! were we listening to the same conférence call? Company said they are currently in "full production" mining gold and were "running 12 hour shifts". They said they were "close to profitability" with Brinks trucks bringing gold to the refinery every week. They are not "prevented from obtaining gold" nor are they "unable to mine gold" as you falsely state. They are taking all the right steps to improve the gold recovery process by hiring the needed experts and making improvements to the mill and to the water filtering system. Making false statements like this surely brings your motives into question. Good luck with your investments.

Tradeberny

Give them a chance ROBO. Sounds like they are making great progress. Profitability is right around the corner. If you want out, better sell to me in the morning.

Tradeberny

Geat call. I am liking this more and more. Regret having sold some shares today. Will buy them back in the
AM.

Tradeberny

Actually very good news that funding of 7M is not thru PCFG.

Tradeberny

Price of gold backing up a bit today. That would account for some of the selling.

Tradeberny

Yes! and lots of progress being made toward full production and all of this without a single tire problem.

Welcome back.

Tradeberny

That is a very important point FOX. They did state in one of there last reports that they were working on reducing operating costs. Looks like they are succeeding and this will reduce their breakeven point and increase their profitability going forward. Very nice.

Tradeberny