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Wednesday, 10/27/2010 8:12:55 PM

Wednesday, October 27, 2010 8:12:55 PM

Post# of 118202
Updated DD on PCFG

1) 945,000 ounces of gold in control in Nevada at this point and 35,000 tons of tungsten. Gold is 1325/oz now and tungsten is worth $31/kg or $27,000/ton. Total gross market value is currently about $2.1B so they have hit their aquisiton plans, and now onward toward production plans PCFG was lucky to aquire this land/leases in 2004-2007 when gold was $300-600/oz making it basically not profitable at the time, but now is in bonanza form.

2) The cost to mine gold for PCFG is $250/oz + $250/oz in G&A+Exploration or $500/oz total:

Link to what it costs to mine gold for PCFG (Note the COO Mitchell Geisler does not mention this, but we need to factor it in, KEY IS THAT PCFG IS NOT CRUSHING ROCK, BUT RATHER FILTERING MAINLY SAND TO GET THE GOLD WHICH IS THE CHEAPEST METHOD TO MINE GOLD):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56010381

3) Gold is $1325/oz right now. This is a $825/oz gross profit at current. This gives PCFG a gross profit of $779M on 945,000 You can see that the potential is enormous here.

4) PCFG states from the link above they will be producing 10,000 ounces of gold in the first year of production. At current, that would be $825/oz x 10,000= $8.25M gross profit/year in 2011. Got to use a 30 PE because PCFG states they will ramp up production quickly when their cash flow increases, so we are looking at a market cap of $248M or PPS of .33 currently with O/S 743M.

5) Goldman Sac's expects gold to be at $1650/oz in 2011 Link:

http://www.istockanalyst.com/article/viewarticle/articleid/4575397
This would be $1150/oz gross profit PCFG when/if they get producing. Or about $11.5M or market cap of $345M or PPS .46 What about beyond 2011? This is one pink stock that can make and uplisting and major profit IMO...

6) Gold to $15,000/oz in the coming years and all other estimates. Just pick one, and they all point to multi-dollars for PCFG. When oil was at an all time high oil companies had record profits, it happens and looks to be unavoidable for gold companies:

1. Mike Maloney: $15,000;
http://www.goldbasics.blogspot.com/2009/09/gold-should-reach-15000-oz-mike-maloney.html
2. Ben Davies: $10,000 – $15,000;
http://www.thedailygold.com/commentaries/hinde-capitals-ben-davies-on-the-gold-market/?p=3905/
3. Dr. Jeffrey Lewis: $7,000-$14,000;
http://www.silver-coin-investor.com/gold-and-silver.html
4. Jim Rickards: $4,000 – $11,000;
http://www.cnbc.com/id/34038650/Gold_s_Money_Value_is_4_000_to_11_000_Market_Strategist
5. Roland Watson: $10,800 (in our lifetime);
http://www.goldeagle.com/editorials_05/watson081605.html



$5,000 – $10,000

1. Bob Kirtley: $10,000 (by 2011);
http://www.goldeditor.com/wp-content/uploads/editorpdfsimages/Gold-Prices-at-10-000.pdf
2. Arnold Bock: $10,000 (by 2012);
http://www.munknee.com/2010/06/gold-going-to-parabolic-top-of-10000-by-2012-%e2%80%93-for-good-reasons/
3. Porter Stansberry: $10,000 (by 2012);
http://www.kitco.com/ind/stansberry/dec022009.html
4. Tom Fischer: $10,000;
http://www.gold.approximity.com/gold_price_models_sinclair.html
5. Shayne McGuire: $10,000;
http://www.safehaven.com/article/9572/shayne-mcguire-the-early-innings-of-a-gold-boom
6. Eric Hommelberg: $10,000;
http://www.gold-speculator.com/eric-hommelberg/17257-golds-inflation-adjusted-high-reaches-8000-a.html
7. Anonymous: $6,410 – $10,000 (by 2012-2016);
http://www.tl-ph.facebook.com/topic.php?uid=6876483182&topic=4979&post=15682
8. David Petch; $6,000 – $10,000;
http://www.financialsense/fsu/editorials/petch/2008/0304b.html

9. Gerald Celente: $6,000 – $10,000;
http://www.trendsresearch.com/forecast.html
10. Egon von Greyerz: $6,000 – $10,000;
http://www.goldswitzerland.com/index.php/gold-entering-a-virtuous-circle-egonvongreyerz/ utm_source=subscriber&utm_medium=rss&utm_campaign=rss

11. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
http://www.businessweek.com/magazine/content/10_23/b4181044623002.htm
http://www.commodityonline.com/news/Gold-forecast-Jim-Rogers-Peter-Schiff-or-Roubini-23940-3-1.html
12. Patrick Kerr: $5,000 – $10,000 (by 2011);
http://www.marketwatch.com/story//a-reality-check-for-investors-mulling-sale-of-gold-2009-11-20
13. Peter Millar: $5,000 – $10,000;
http://www.gata.org/files/PeterMillarGoldNoteMay06.pdf
14. Roger Wiegand: $5,000 – $10,000;
http://www.traderrog.wordpress.com/2010/08/23/how-high-can-gold-go/
15. Alf Field: $4,250 – $10,000;
http://www.24hgold.com/english/news-gold-silver-gold-price-objective.aspx?contributor=Alf+Field&article=1440499960G10020&redirect=False
http://www.gold-speculator.com/alf-field/7413-elliot-wave-gold-update-23-a.html
http://www.jsmineset.com/2009/05/10/alf-field%E2%80%99s-gold-price-predictions/
16. Peter George: $3,500 (by 2011-13); $10,000 (by Dec. 2015);
http://www.news.goldseek.com/GoldSeek/1129126809.php
17. Jeff Nielson: $3,000 – $10,000;
http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=12906:the-real-truth-about-the-imfs-gold-sale&catid=48:gold-commentary&Itemid=131
18. Dennis van Ek: $9,000 (by 2015);
goldnews.bullionvault.com/Goldbug/gold_price/gold_prices_could_hit_9000_per_oz_by_2015_18898034
19. Dominic Frisby: $8,500;
http://www.moneyweek.com/investments/precious-metals-and-gems/why-gold-could-reach-8500-an-ounce.aspx
20. James Turk: $8,000 (by 2015);
http://www.munknee.com/2010/06/where-gold-and-silver-will-be-by-2015/
21. Joseph Russo: $7,000 – $8,000;
http://www.financialsense.com/fsu/editorials/russo/2007/0416.html
22. Michael Rozeff: $2,865 – $7,151;
http://www.marketoracle.co.uk/Article14168.html
http://www.lewrockwell.com/rozeff/rozeff16.html
23. Martin Murenbeeld: $3,100 – $7,000;
http://www.dundeeprecious.com/Theme/Dundee/files/The%20Gold%20Price%20Outlook%20through%202010-%20website.pdf
24. Jim Willie: $7,000;
http://www.silver-investor.com/blog/silver-investor-bloggers-gold/hidden-dollar-swap-hammer-by-jim-willie-cb/
25. Dylan Grice: $6,300;
http://www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.html
26. Chuck DiFalco: $6,214 (by 2018);
http://www.financialsensearchive.com/fsu/editorials/difalco/2009/1124.html
27. Aubie Baltin: $6,200 (by 2017);
http://www.24hgold.com/english/contributor.aspx?rss=true&article=2158395926G10020&redirect=false&contributor=Aubie+Baltin
28. Murray Sabrin: $6,153;
http://www.kitco.com/ind/Sabrin/may262009.html
29. Samuel “Bud” Kress: $6,000 (by 2014);
http://www.clifdroke.com/articles/jul10/071910/071910.html
30. Robert Kientz: $6,000;
http://www.seekingalpha.com/instablog/410007-robert-kientz/91151-gold-and-silver-market-suppression-failures-flash-buy-signal-part-4
31. Harry Schultz: $6,000;
http://www.moneynews.com/StreetTalk/harry-shultz-deflation-hyperinflation/2010/06/11/id/361725?s=al&promo_code=A0D6-1
32. Lawrence Hunt: $5,000 – $6,000 (by 2019);
http://www.laurencehunt.blogspot.com/2010/06/gold-invisible-bull-market.html
33. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;
http://www.gold-eagle.com/editorials_08/brodsky121208pv.html
http://www.gata.org/files/QBAssetManagement-07-2009.pdf
34. Martin Hutchinson: $3,100 – $5,700;
http://www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=104836&sn=Detail
35. Jeremy Charlesworth: $5,000+;
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7803924/Silver-will-outperform-gold.html
36. Przemyslaw Radomski: $5,000+;
http://www.marketoracle.co.uk/Article22629.html



$5,000

1. David Rosenberg: $5,000;
www.zerohedge.com/article/rosenberg-pattern-would-suggest-test-http://5000-dow-same-time-gold-5000-too
http://www.investmentpostcards.com/2010/05/16/3000-gold-price-may-yet-prove-conservative-says-rosie/
2. Doug Casey: $5,000;
http://www.pragcap.com/is-gold-going-to-5000
3. Peter Cooper: $5,000;
http://www.arabianmoney.net/gold-silver/2010/05/12/5000-an-ounce-in-sight-as-gold-its-new-all-time-high/
4. Robert McEwen: $5,000;
http://www.bloomberg.com/apps/news?pid=20601082&sid=ajm6lryLYViQ
5. Martin Armstrong: $5,000 (by 2016);
http://www.businessinsider.com/martin-armstrong-gold-headed-to-5000-and-beyond-2009-11
6. Peter Krauth: $5,000;
http://www.moneymorning.com/2010/01/14/gold-superspike
7. Tim Iacono: $5,000 (by 2017);
http://www.seekingalpha.com/article/174088-faber-gold-a-better-buy-than-at-300-oz?source=hp
8. Christopher Wyke: $5,000;
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aF1439PVhAgk
9. Frank Barbera: $5,000;
http://www.theaureport.com/pub/na/1575
10. John Lee: $5,000;
http://goldnews.bullionvault.com/gold_dollar_fiat_currency_fed_confidence_030320082
11. Barry Dawes: $5,000;
http://www.abnnewswire.net/press/en/63123/Barry_Dawes_Projects_Gold_To_Reach_5000oz_At_The_Resources_Investment_Expo_In_Brisbane.html
12. Bob Lenzer: $5,000 (by 2015);
http://video.forbes.com/fvn/streettalk/gold-5000-an-ounce-in-5-years
13. Steve Betts: $5,000;
http://www.marketoracle.co.uk/Article22697.html
14. Stewart Thomson: $5,000;
http://www.321gold.com/editorials/thomson_sthomson_s_091410.html


Up to $5,000

1. Pierre Lassonde: $4,000 – $5,000;
http://www.commodityonline.com/news/Panic-effect-could-push-Gold-to-$4000-or-$5000-11770-3-1.html
2. Willem Middelkoop: $4,000 – $5,000;
http://www.youtube.com/watch?v=lvFSyS985I8
3. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012);
http://www.adenforecast.com/articlesInterviewDetail.php?id_publicacion=19
4. James Dines: $3,000 – $5,000 (in June 2011);
http://www.commodityonline.com/news/James-Dines-Dig-gold-out-of-rare-earths-24391-3-1.html
5. Goldrunner: $3,000 – $5,000 (by 2012);
http://www.gold-eagle.com/editorials_08/goldrunner022308pv.html
6. Bill Murphy: $3,000 – $5,000;
http://www.gata.org/8960
7. Eric Janszen: $2,500 – $5,000;
http://www.itulip.com/forums/showthread.php/15580-Before-the-FIRE-Gold-Update-Is-1-237-the-new-720-Eric-Janszen?s=e262248557652f4215a3f903694790d4
8. Larry Edelson: $2,300 – $5,000 (by 2015);
http://www.munknee.com/2010/08/gold-will-go-to-5000-and-the-dow-to-above-27000-by-2015/
9. Luke Burgess: $2,000 – $5,000;
http://www.wealthdaily.com/articles/gold-etfs/2409
10. Jeff Nichols: $2,000 – $5,000;
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=111268&sn=Detail&pid=102055
11. Jim Sinclair: $1,650 – $5,000 ($1650 by January 14, 2011 OR $3,000-$5,000 by June 2011);
http://www.arabianmoney.net/gold-silver/2010/09/08/jimsinclair-on-why-gold-is-going-to-1650-by-early-january


$3,000 – $4,000

1. Mike Knowles: $4,000;
http://www.stockmarketweekly.com/newsletters/1546-what-is-the-kondratieff-cycle-telling-us-now%20/
2. Ian Gordon/Christopher Funston: $4,000;
http://www.munknee.com/2010/06/the-long-wave-cycle-of-winter-is-coming/
3. D.P. Baker: $3,000 – $3,750 (by Jan./Feb. 2012);
http://www.stockhouse.com/Columnists/2010/Jun/8/Gold-s-next-move-could-be-parabolic
http://www.news.goldseek.com/GoldSeek/1272548046.php
4. Adam Hamilton: $3,500 (by 2010/11);
http://www.commodityonline.com/futures-trading/technical/Gold-price-to-hit-$3500-by-201011-13620.html
5. Christopher Wood: $3,360;
http://www.marketoracle.co.uk/Article12906.html
6. Eric Roseman: $3,500+;
http://www.roseman.sovereignsociety.com/2010/09/15/silver-on-verge-of-gold-confirmation/
7. John Henderson: $3,000+ (by 2015-17);
http://www.seekingalpha.com/article/160592-gold-1200-by-year-end-1500-in-2010-3000-by-2015-2017
8. Hans Goetti: $3,000;
http://www.cnbc.com/id/15840232/?video=1043867279&play=1
9. Michael Yorba: $3,000;
http://www.yorbatv.ning.com/forum/topic/show?id=2014856%3ATopic%3A9698
10. David Tice: $3,000 (by 2012);
http://www.cnbc.com/id/34240489
11. David Urban; $3,000;
http://www.seekingalpha.com/article/36315-why-i-believe-gold-will-hit-3000-oz
12. Mitchell Langbert: $3,000;
http://www.mitchell-langbert.blogspot.com/2010/06/is-ride-to-3000-gold-going-to-hit-air.html
13. Brett Arends: $3,000;
http://online.wsj.com/article/SB10001424052748704792104575264863069565780.html
14. Ambrose Evans-Pritchard: $3,000;
http://www.moneynews.com/StreetTalk/evans-pritchard-gold-price/2010/05/26/id/360175
15. Trader Mark: $3,000 (by mid-2011);
http://www.ibtimes.com/articles/25200/20100526/if-gold-gld-tracks-nasdaq-housing-peaks-its-headed-to-3000-in-18-months.htm
16. John Williams: $3,000;
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/4967209/Gold-Inflation-will-beat-deflation-and-gold-will-hit-3000.html
17. Louise Yamada: $3,000 (by 2016-17);
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5UuCc0L6nt4&refer=latin_america
18. Byron King: $3,000;
http://www.whiskeyandgunpowder.com/gold-is-going-to-3000-get-some-physical-gold/
19. ThumbCharts.com: $3,000;
http://www.thumbcharts.com/1300/gold-at-3000-only-if-bubbles-repeat
20. Bob Chapman: $3,000 (by 2011);
http://www.bobchapman.blogspot.com/2010/05/gold-will-go-to-75-and-gold-to-3000.html
21. Ron Paul: $3,000 (by 2020);
http://online.wsj.com/article/SB10001424052970203917304574415193376917198.html
22. Chris Weber: $3,000 (by 2020);
http://www.kitco.com/ind/Weber/dec052006.html



$2,500 – $3,000

1. Ian McAvity: $2,500 – $3,000 (by 2012);
http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=106419&sn=Detail&pid=102055
2. Graham French: $2,000 – $3,000;
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7743787/Gold-bulls-claim-price-could-double-to-3000-in-five-years.html
3. Joe Foster: $2,000 – $3,000 (by 2019);
http://www.thegoldbubble.blogspot.com/2010/07/joe-foster-gold-above-3000-in-couple-of.html
4. Sascha Opel: $2,500+;
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=79363&sn=Detail
5. Rick Rule: $2,500 (by 2013);
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=107168&sn=Detail&pid=102
6. Daniel Brebner: $2,500;
http://www.midasletter.com/news/09031105_UBS-bullish-on-gold-price-nearing-2500-dollars.php
7. James DiGeorgia: $2,500;
http://goldnews.bullionvault.com/Goldbug/gold_price/2500_gold_on_the_cards_by_2011_18498409


Crushing Pinklyland Est. 2009

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