I didn't say or suggest that the high POG has no impact on PCFG, just that PCFG does not follow the POG directly.
FWIW, if gold was modestly lower than it is now, but PCFG had confirmed production had started, I'd be willing to bet that PCFG would be higher than it is now. Most miners march to the beat of their own drum, where they are at in the development process, their profitablity, etc.