Pacific Gold Corp fka PCFG

[Kurupt]

"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."

Highlighted in bold is the reason we are seeing the "quiet time"
Now with Gold heading back up to more natural priced levels, do you think we will continue to hear silence. If so ya then we can be worried.


DUMP theory iam not convinced. I think retail was buying in 004 - 008 range, where the bottom resistance broke. This is MUCH bigger. What that maybe placement, conversion possibly accredited investor buying. Until i see an actual filing confirming this all is based on speculation and we are going to have to wait at 2 weeks to determine both theorys to base judegement. All eyes will be on the sec filings.