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12thman

10/04/10 9:50 AM

#6566 RE: carhauler #6561

It could be that they are very forward thinking and anticipate the total collapse of the US dollar. If they mine the gold now they have to pay for operations by selling that gold now at greatly reduced prices from what they will be in the future. The longer they wait to mine the more the gold will be worth. I would actually prefer they wait until the rush to gold to protect wealth really gets moving before bringing up a single ounce. Let all the other gold companies mine and exhaust their supplies and then we'll have an even bigger piece of the world gold market when it's our time.
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uwf2466

10/04/10 10:10 AM

#6575 RE: carhauler #6561

I've been investing in PCFG for over four years...hoping this is not history repeating itself...

Taking away the good from the 9 million shares...at least mass dilution has not happened in the past six months.