Placer Gold Corp.(fka PGCR)

[newtostocks23]

High Possibility of a Scam, please read:

Since there is no credible news agency reporting this PR, and every road I went to seemed to dead end, I did my own research and came out with this piece of information from a reputable source.

Quote taken from: http://www.financialpost.com/m/story.html?id=1596434


"Two years ago the Public Company Accounting Oversight Board in Washington censured Spokane accounting firm Williams & Webster and individually suspended both names on the door after charging that they knew of financial problems at Utah insecticide firm Diatect International but provided an unqualified audit opinion anyway. The firm now calls this "past events."

Lysiak and W&W teamed up to work for what became Arctic Oil & Gas. It had all of US$155 in the bank, but its stock nevertheless rose 70,000% within weeks to US$3.65 a share early last year. Investors, it would seem, were encouraged by the firm's claim of rights to 30% of all energy resources near the North Pole. In January Arctic, which now lists a California address, changed its name to Placer Gold Corp. Recent price: one cent.

Just what makes Spokane look like an overachiever in dodgy endeavours is a matter of debate. Some say it's the town's remoteness, or its proximity to the Canadian border. Another theory, posited by an academic study from an area college, is that economic success there is "more likely to be seen as an individual or corporate matter." Translation: Mind your own business. Maybe not helping is the century-old economic dominance of the Cowles clan, whose fourth generation runs, among many other things, the only daily newspaper and business weekly, a radio station and the NBC TV affiliate. The parking garage financial scandal, which ended when the city bought out the complaining bondholders without any single party's admission of wrongdoing, was a Cowles project."