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Re: foxwoodsfan post# 44812

Thursday, 06/02/2011 9:21:55 PM

Thursday, June 02, 2011 9:21:55 PM

Post# of 118202
Your right, that website is great. Even though mentioned earlier, this is worth noting again. Although no fine is good, from the investor perspective, the fine for violating 30 CFR § 56.1000 -- Notification of commencement of operations and closing of mines, see explanation Regulation Link, is tangible proof that PCFG is in the testing phase and not just words from the company's prepared press release. The fine date is 01/05/2011, just days after the 01/03/2011 equipment press release.

I also liked seeing the hours worked information.

Year Hours Avg. Hrs / Wk Equivalent Workers
2005 5,360 103 3
2006 18,698 360 9
2007 21,706 417 10
2008 12,915 248 6
2009 984 19 0
2010 0 0 0
2011 2,499 192 5

The 2011 is the first quarter hours, so assuming 13 weeks at 40 hours, it comes to almost the same equivalent employee numbers from 2008.

I just can't believe that all this preparation is just going to fizzle out.

Crossing my fingers and looking forward to the financials now.
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