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Re: TheViewMaster post# 36257

Wednesday, 03/02/2011 3:19:17 AM

Wednesday, March 02, 2011 3:19:17 AM

Post# of 118202
But what you're failing to explain is why in the absence of "official corporate news" (and news has certainly been lacking*) PCFG hasn't trended with the price of gold so far. That's the flaw in your analysis. If you can explain that, I'd love to hear it

In my heart of hearts I wish you were right, but the charts don't lie. Gold is nearing all time highs and PCFG is stuck at .021

* The missing pieces of the puzzle IMO are details about financing, mining contractors, heavy equipment suppliers, and an estimated start to production. Until some of that gets cleared up, PCFG is going to do whatever it's going to do, regardless of the price of gold.

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