Pacific Gold Corp fka PCFG

[Kurupt]

No, not saying there is no selling taking place. All iam saying is, there is a buyer for the shares. Most likely be in the form of private placement (pre-arranged buyer). Take a look at the volume on the chart. It helps give you a better picture. Why are we not seeing HUGE price drops on the LARGE volume "SELL OFF" as you call it. Not much price movement to the down side on the HUGE sell offs. As a matter of fact most of the days on BIGGER volume, the candles appear to be BULLISH. All the major volume there is not much price movement at all. Try selling 5 to 10 million shares each day on any other OTC play these days. The bid does NOT hold up even remotely close as well as PCFG has been doing.

We have a large firm and/or organization loading up on the shares. This is the most consecutive volume days the stock has seen for quite sometime, maybe since inception. You tell me nothing is going on behind the scenes??


I dont mind waiting iam in no rush. This is mid to longer term hold for me, loading dips.

"were incurred primarily to prepare the plant and equipment at Black Rock Canyon for operations."


BULLISH sign ZERO short interest. Means no one is betting against the current price and think we are below fair market value:

Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Jul 31, 2012 0 -100.00 1,626,485 0.00 No No


If folks are getting impatient why not give a quick ring to our TA to confirm how much has been added.

Shares Outstanding 891,478,230 a/o Aug 14, 2012
http://www.otcmarkets.com/stock/PCFG/company-info


Transfer Agent
200 Memorial Pkwy
Atlantic Highlands, NJ, 07716
732-872-2727
[e-mail]


We are trading on the OTCQB meaning:
OTCQB® - The Venture Marketplace
OTCQB is the venture marketplace for companies that are current in their reporting with a U.S. regulator. There are no financial or qualitative standards to be in this tier.

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So expect to see a filing shortly to put all the theory to rest.

http://www.otcmarkets.com/otc-101/otc-market-tiers


As you can tell it appears as though seller could be exhausted here very soon. Volume trend bars are getting smaller. I would suspect a push by mid to late next week.....