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Re: None

Wednesday, 09/28/2011 3:51:39 PM

Wednesday, September 28, 2011 3:51:39 PM

Post# of 118202
haha is it possible that this is a rough estimate of how much they are producing?

for example:

they need to produce around 150-170ozes to break even with $270,000 operating costs. Let's say PCFG already hit this goal (why else would they consider buyback when there's no spare cash).

5,000,000 shares * $0.038 (current share price) = $190,000

$190,000 / ($1650/oz) = 115oz worth 'extra' gold



So ROUGHLY maybe they are expecting 275-300 oz gold sometime soon? just an opinion.

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