Your posts condemning PCFG management are a joke. Lets talk reality and interject some facts into the discussion.
"Facts" are what is important, far more important than your off base opinion.
Since 2006 PCFG hasn't had enough clean clear water to wash gold, so they took the advice of a shareholder and tested geo-tubes to recycle their limited water resource. Now, because they had an open mind and were looking for a solution they are mining. That is effective management.
When they couldn't process gold because of the water issue, they had no income and had years of un-filed 10Q's and 10K's. They said they would get a new accountant and get them completed and they did so within a few months. That is effective management.
They had massive debts from 2006's leased equipment. They said they would restructure and pay the debts off and then did so. They got to a point of being debt free. That is effective management.
They had lawsuits from 2006 when they didn't pay for equipment they couldn't use. They settled the lawsuits and none are currently pending.
They said they would keep looking for mining properties and they negotiated for rights on the B&B claims, more than doubling their reserves. Great management.
Fact, they said they would sell another Property, Pilot Mountain's tungsten/silver property to focus all money and effort of Nevada Rae Gold and production. They then sold the property and now have funds for working the NRG mine. Focused management.
Fact, due to the small size of placer gold in the NRG area, they said they would purchase a new concentrator and Knelson Bowl to recover a higher percentage of gold. They then requested permission from the NDEC to add the equipment. Permission was received and they purchased and put them into use. That is follow-up from good management.
Fact, they said they would apply for additional geo-tubes with the NDEC and they did. The NDEC approved the request. They stated via PR several weeks back they had purchased the tubes. Soon you will see a PR stating they have them on site and operating.
Several board members have visited the site and have seen exactly what Management has described in person. It's not as you describe "a public entity who never delivers on expectations" an incorrect opinion. This company is real and the management group makes things happen. All this has happened in the past year. You could not be more wrong, these guys get things done.
AI
