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Re: Lowjack post# 6551

Monday, 10/04/2010 8:55:12 AM

Monday, October 04, 2010 8:55:12 AM

Post# of 118206
I'll play along. How about the estimated 500,000 ounces of gold in the ground ready to be mined. I bet that would work as collateral! Hopefully they take their sweet time getting it all out because gold will soon be $10,000 an ounce minimum as the dollar value dwindles to nothing, in my opinion. The dilution of the United States dollar and the ponzi scheme called social security is what everyone should be concerned about. It makes Bernie Madoff look like a saint! I'm in this stock simply for the gold in the ground. I don't even care if they EVER bring it up. It's going to hold incredible value in my opinion. I'd much rather have shares of a company with half a million ounces(on this one property) of gold in the ground than 20 times that value of United States dollars sitting in a bank losing more and more purchasing power each day as more and more dollars are printed and we get further and further in debt we'll NEVER be able to pay back. If you consider the current price per share of PCFG the difference in TRUE value is even more astounding.

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