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Re: Sumdude post# 80013

Wednesday, 02/29/2012 10:54:48 PM

Wednesday, February 29, 2012 10:54:48 PM

Post# of 118202
Yes, I know you can't chart dilution.

And finally, you give us the specifics you've been dancing around for a while now. Those are legitimate concerns, and not to be taken lightly. But it all comes down to their ability to mine gold IMO. If one was to believe that the 3Q2011 results represent the best they are capable of, then by all means they should have sold a long time ago. If one believes that was just a temporary setback and their 4Q2011, 1Q2012, etc. numbers will be better, than this is a great buying opportunity.

Also, it could be argued that PCFG's willingness to modify the note for the benefit of the new holder represents confidence on the part of PCFG that the share price will be much higher by the time that note is due. The conversion rate of .05/share to the company owned by the CEO could also support that arguement.

Obviously, everyone is entitled to their opinions...just a matter of time before we find out who is right.

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