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http://www.reuters.com/finance/stocks/companyProfile?symbol=PCFG.PK
Profile:
Pacific Gold Corp. (PCFG.PK)Related Topics: StocksStock ScreenerBasic MaterialsPrecious Metals / MineralsOverview News Key Developments People Charts Financials Options Analysts Research PCFG.PK on Pink OTC - (Limited Information)
0.03USD
10 Dec 2010 Price Change (% chg)
$-0.00 (-12.90%) Prev Close
$0.03
Open
$0.03 Day's High
$0.03
Day's Low
$0.03 Volume
1,996,392
Avg. Vol
5,213,333 52-wk High
$0.07
52-wk Low
$0.00
view overview for:
Full DescriptionPacific Gold Corp. (Pacific Gold), incorporated on December 31, 1996, is engaged in the identification, acquisition, exploration and development of mining prospects that contain gold and/or tungsten mineralizations. The Company owns 100% interest in five operating subsidiaries: Nevada Rae Gold, Inc. (Nevada Rae), Oregon Gold, Inc. (Oregon Gold), Pilot Mountain Resources Inc. (Pilot Mountain), Pacific Metals Corp. (Pacific Metals) and Fernley Gold, Inc. (Fernley Gold), in which it holds various prospects in Nevada and Oregon. Nevada Rae has staked 67 placer claims and 13 lode claims covering approximately 1,340 acres in Lander County, Nevada. The Company also owns 13.67 acres of land in Lander County, Nevada. Oregon Gold has 14 placer claims covering approximately 280 acres in Josephine County, Oregon. Fernley Gold leased 640 acres, including 35 placer claims, with the exclusive right to mine for placer, lode and other minerals and metals, located 34 miles east of Reno, Nevada. Pilot Mountain owns 45 lode claims, within the project area covering approximately 900 acres. Pacific Metals owns claims in San Juan and Delores Counties, Colorado, encompassing the Graysill Mine. Through its other subsidiaries, the Company also has other federal mining claims.
Nevada Rae Gold, Inc.
The prospects held by Nevada Rae are located among the Crescent Valley placer deposits, in the bullion mining district of Lander County, Nevada. They are about two miles from the town of Crescent Valley, and some 50 miles west of Elko, Nevada. The area is about 175 miles northeast of Reno, Nevada. The property consists of federal mining claims and leased private land. The federal mining claims are managed by the Bureau of Land Management (BLM).
Nevada Rae has staked prospects covering approximately 1,340 acres of the alluvial deposits among the Crescent Valley projects. In addition, it leased approximately 440 acres of land adjacent to its staked prospects from Corporate Creditors Committee LLC, by lease dated October 1, 2003. The lease covers acreage in Section 9, Township 29 North, Range 47 East, Mount Diablo Meridian, Bullion Mining District, Lander County, Nevada. Under the lease, the Company has the right to the gold, silver, platinum, palladium and other precious and base metals within the placers and gravels of the leased premises, with exclusive right to prospect and explore, mine by open pit methods, mill, prepare for market, store, sell and dispose of the same. The lease term is 10 years, renewable for an additional 10 years. During the year ended December 31, 2006, the Company began production at the Black Rock Canyon Mine. In 2006, based on preliminary results at the Black Rock Canyon Mine, Nevada Rae began modifications to the site equipment and facilities. During the year ended December 31, 2007, the Company made some modifications to the plant and site equipment, and restarted mining operations.
Oregon Gold, Inc.
Oregon Gold has a number of prospects in the Siskiyou National Forest in Josephine County, Oregon. These prospects cover approximately 280 acres of placer deposits in one area and another 37 acres in a second, almost contiguous area. Oregon Gold owns the Defiance Mine and additional claims in Josephine County, Oregon. In June 2005, the Company conducted a testing program on the Bear Bench claims. The testing confirmed gold presence.
Fernley Gold, Inc.
During the year ended December 31, 2004, Fernley Gold entered into a lease agreement for the right to mine the property and claims known as Butcher Boy and Teddy. The area known is for placer gold mineralizations and is commonly referred to as the Olinghouse Placers. The lease includes two water wells and water rights. The Butcher Boy placer mine is hosted by a conglomerate sequence of pliopleistocene age. In 2006, the Company dug and sampled trenches on the property to confirm the gold grade.
Pilot Mountain Resources Inc.
Pilot Mountain has acquired Project W, which is primarily a tungsten project located in Mineral County, Nevada. Elevated tungsten values occur throughout the area. The property is located approximately 21 miles east of the town of Mina. The claims are located at an average elevation of 6,500 feet. Pilot Mountain has claims within the project area covering approximately 600 acres. Project W encompasses three occurrences of tungsten mineralization, Desert Scheelite, Gunmetal and Garnet.
Pacific Metals Corp.
Pacific Metals owns 24 unpatented lode mining claims in Sections 19, 20, 29 and 30 in Township 40 North, Range 9 West in San Juan and Dolores Counties, Colorado, immediately southeast of Bolam Pass. The claims are located at an elevation of 11,000 feet above sea level. The property, which is referred to as the Graysill Property, encompasses the Graysill Mine, a past producer of vanadium and uranium ore.
I wouldn't wish anyone to lose big money on a stock BUT it would be nice if those shareholders came over here AND we got news this week as well...a girl can dream. Don't tend to have that kind of luck....
I keep asking myself the same question, have watched the other S* stock go up and the volitility and I am just not getting why we are not moving at all. We are not a P&D, we have had consistently good PR's, we are in the US, research is fairly easy because of that. Seems pretty transparent to me then I sit and shake my head when we slowly drift down, only reason can be that people pulled money out to chase other one and will be back after the next PR? Would love to hear others explanation...
I had thought so as well, let's hope the next release is FULL of great news. It just seems like so many great things are right around the corner. I had a few family members buy some (not as much as I invested) so feeling alittle bad that it went down some. Don't generally give stock tips as we all know it's one thing to invest your own money but when you start offering tips and isn't moving immediately or goes down you wonder if you should have opened your mouth!
OT: I take it you enjoy going to Foxwoods Casino based on your user name? Only ask as I live in CT.
Foxwoodsfan, when do you guesstimate the next release of news will be? We haven't heard from them in 3 weeks, do you expect before the end of the year? Or would you think not until they are up to date with the SEC?
Foxwoods, can you explain the reason for the lapse of 2 years from the time of correspondence to the uploading on SEC, that is confusing to me? Is that typical? Just trying to understand the process.
I agree, the next news release will tell us what we need to know. It is reassuring to see the updates being done that you posted, it does show us that they are doing what they said they would do.
This may have been posted before back in 2009 but found this a.m.
Under: Mining Regulation & Reclamation shows
10/9/09
Notice of Decision
Renew Water Pollution Control Permit NEV2004102
08/04/09
Notice of Proposed Action
Application for Renewal of Water Pollution Control Permit NEV2004102
Black Rock Canyon Mine and Mill Project
http://ndep.nv.gov/admin/public25.htm
I do not have private messaging, you cannot post info on forum?
I completely agree, I sit here thinking "am I missing something" or do I just have the worst stock picking abilities? I see stocks that are not where we are and they are moving daily. Can't say it doesn't really bother me and another disappointing day. Does anyone have a logical explanation? If one even exists?
I was hoping/thinking the same thing (or perhaps wishful thinking) It would continue to show that alot is going on behind the scenes and they are getting up to date as stated. Frustrated like the rest of the people here and still can't understand why other stocks that are not as far along, continue to move. I seem to carry a curse with me, if I buy it, the directions changes short thereafter..
Is that a recent change in logo for either one?
This stock price is ridiculous, the next release of news will push this up to .07 immediately. IMO
Lowjack, I have heard investors state that before. Is that actually true? I have gone into my brokerage accounts and put in sells as you mentioned. How exactly does this work?
I think we will have a news release before end of December as well and we might trade in a range until then. Would love a mid December pop to put extra goodies under the tree....
So what do we think the next news release will be about? Hiring of contractors? Do you think we will see this annoucement before the end of December?
I have to admit what I did today, I sold.. yup, I was getting worried (like many of us who lost money in penny stocks before) THEN had to rebuy and chase it up... Didn't buy as many shares but I'm ok.. I'm happy that it has finally happened and I am not embarrassed to admit it.
I am very happy we have news and grateful that I have the money to invest, so I am not going to get hung up on the "should, coulda woulda"
I have over 600,000 shares and I hope this is life changing..
The pics are great, just wish we would get some sort of update this week...
Which leads me to my next question, I would assume that Pacific would not let just anyone on the property and take pictures as they would want to be the one to release any/all information to shareholders? These could have been taken by someone that works onsite?
Have we established when these photos were taken? Are they several years old or the last few months?
Just seems that news about anything should be any day now, it's been almost 3 weeks since we have heard from them. I realize that is not a long time in the whole scheme of things. Maybe today or tomorrow something will be announced?
News was exactly 2 weeks ago on Monday a.m. premarket.... could they do the same thing tomorrow?
Could you provide the link for google earth?
Am I the only just sort of staring at their portfolio thinking OMG, I have made in 1-2 weeks what it takes me a year to earn. I have never had one of these "events" before. I have been in gold for 8 year and I have other stocks, and I took the hit like everyone else did back in 2008. I have been slowly rebuilding, and sold off some of the larger holdings for this. And I got a friend to buy 10,000 shares and my husband had 600.00 sitting in his Roth and you can be damned sure it is going in this on Monday. I think he is alittle freaked that I put this much money in a penny stock. But I hope one day to say "we are millionaires"
Good luck to everyone, I really enjoy the postings...
There has to be news around the corner... we would not have this sort of buying otherwise. My guess is sometime next week.. then we fly over .10 IMO..
Perhaps more news again before Friday.. how great would that be? Lots of buzz going on...
I predict news by Wednesday if not sooner. Bet they have spent the weekend pulling all the details together. I hope .05 by Friday....JMO
What is everyones prediction short term (next 4 - 6 months) for share price? Would love this stock to be the one that provides financial independence and pays off our mortgage! :)
Hello,
I'm new here, have over 1 million shares, purchased last week. Have been reading the posts for several weeks. Just wanted to say hello.. looking forward to the next few months. Nice group of posters here...