Pacific Gold Corp fka PCFG

[KevinFx]

Things to consider for PCFG PPS,

The valuations of most gold companies in the current environment are actually higher than their predicted or current earnings, as investors see it as a safe place to put money in anticipation of higher than normal inflation and an unpredictable monetary environment.

Its important to understand that there are investors who are more interested in buying GOLD IN THE GROUND in the form of shares of non producing mines. The return is so many times higher than purchasing gold outright the risk factor is mitigated by the potential return.

If these class of investors see PCFG as a place to buy Gold in the ground, we may well see a share price well over $1.00 regardless of real-time performance figures.

For example if you look at NovaGold (AMEX:NG) or Gabriel Resources (TSX:GBU)

Gabriel Resources is many years away from production and they have a $2.9 BILLION dollar valuation. Not only that but they just got permission to mine on their claims. So people felt comfortable enough to put their money into a gold mine years ago that didn't even have the permit to mine!

NovaGold has a market cap of $2.4 Billion dollars they too are many years away from production. They require at least a billion dollars to setup infrastructure which they still have not fully secured yet people still feel like its worth investing in.

PCFG has none of these obstacles . The only thing I see holding PCFG back from these type of investors is a NI 43-101 permit which I believe they are trying to acquire.