poor management because they put out a PR last monday? and they're waiting on ordered equipment to be delivered? and they also posted their O/S count in the same PR?
Pacific Gold Corp.-Black Rock Canyon Equipment Order Pacific Gold Corp. (PINK SHEETS: PCFG) announced today that it has placed an order for a 12 inch Hy-G concentrating unit, including a concentrating bowl and hopper.
This new unit will be primarily used to clean up the concentrates produced from the main screen plant and the 48 inch Knelson bowl installed at the Black Rock Canyon Mine. The Company is anticipating that the Hy-G equipment will reduce labor costs, and improve efficiency , in the plant gold room by allowing larger amounts of concentrates produced from the main Knelson bowl to be cleaned in a shorter amount of time as compared to the shaker tables currently installed at the mine.
The Company is anticipating receiving the new equipment within 6 weeks.
Corporate Information
Currently the Company has 743,732,651 shares outstanding.
Pacific Gold would politely ask its shareholders to refrain, where possible, from attempting to directly contact Company suppliers, this practice has the potential to cause damage to the Company's relationship with suppliers, causing increased expenses for the Company.
To find out more about Pacific Gold Corp. (PINK SHEETS: PCFG), visit the Company's website at www.pacificgoldcorp.com.
We have had updates consistently, maybe share price didn't move with it like we hoped. But one can't say they aren't moving forward. I realize the financials/uplisting/contractors are what are really going to move this but they just told us last week that they have equipment on the way. If you want something that moves daily then just follow the pick of the day... There is no doubt that we will have more news in the next 5 weeks, if that isn't quick enough then sell and come back when more info is given.