Pacific Gold Corp fka PCFG

[chart guy]

You clearly have no idea how to calculate a DCF value for the equity of PCFG. You have not discounted the cash flows over time at any discount rate, and you have not determined a terminal value. DCF must be based on future CASH FLOWS to the firm before interest costs, which is impossible to know right now with any accuraccy until shovel hits dirt and all the potential problems associated with any mine ramping up production come out of the woodwork. After you calculate the DCF value of the firm, you must subtract debt and then divide by outstanding shares. All you have done is taken the gross margin on production and multiplied it by the total gold resource.