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Re: bundyelvis post# 96640

Sunday, 08/26/2012 2:36:41 PM

Sunday, August 26, 2012 2:36:41 PM

Post# of 118202
not sure why you would think i sold just because i think pcfg sucks.

i sold about 25% of holdings to make what i have free shares, but wish i had sold them all because we will see this go lower yet.

i am long only because they are free but i do not believe in this company at all. free=huge pay day if i am wrong.

just because they are a gold producing mine does not guarantee success. they can keep going and do some death spiral financing and delay their demise.

also, gold is not guaranteed to go higher (i mean much higher) IMO if romney is elected we will have hyper inflation and gold will sky rocket. if obama re-elected we have deflation and who knows what happens to gold.

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