Pacific Gold Corp fka PCFG

[RoboTrader]

They were supposedly processing it and now they're processing "pay gravel" and the mudslide is directly underneath the pay gravel. Hmm... pay gravel on top of mudflow, fascinating. How does that sound reliable to you? This is the reason why I kept telling certain traders to reduce their estimates from .4g to .2g in their projections, otherwise traders going to be set up for a huge disappointment for years (again).

Production at BRCM since July 13th has totaled approximately 9,600 tons or about 6,500 yards of gravels. The processed gravels comprised the entire remaining stockpile at the BRCM as of June 30th. Included in the stockpile were mostly those gravels which the Company has identified as 'mudflow' as well as a limited amount of gravels that the Company considers normal 'pay' gravels (gravels that the Company has identified as its main resource). From the stockpile gravels the Company produced approximately 30 ounces of gold. The overall gold grade of the stockpile amounted to approximately 0.2 g/yd3. The mudflow which was a large portion of the stockpile had an average gold grade of about 0.1 g/yd3. The grade of gold within the pay gravels of the stockpile were between 0.3 and 0.4 g/yd3. Due to the commingling of the gravels over time (the stockpile was mined in 2007) an exact number for the pay gravels was more difficult to determine. The stockpile was mined mostly from the mudflow section (the mudflow being discovered by the Company through a seismic study on the drainage area) as part of a previous plan by the Company to test the gold grade of the mudflow, as this area was not previously mentioned in the historical reports describing the claims and leases of the Company. As a result of now processing a section of the mudflow and its apparent lower gold grade, the Company has decided to not currently mine any more of the mudflow material but to focus on its' previously identified pay gravels for the remainder of 2011. Depending on the world spot price of gold, the Company may return to new areas of the mudflow in the future. The mudflow is located underneath the pay gravels in the deposit and is relatively easy to bypass when mining.

I'm surprised you didn't know about the mudflow material. Maybe you should.... <insert word here> ;)

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