Good Morning PCFG Longs,
As we get closer to the start of production and gold coming out of the ground, the dilemma that keeps me awake at night and have been wrestling with for a number of years is: How do we cash in the millions of dollars that we will make from our investment in PCFG and where do we put it?
Take it in dollars, as they lose their value to hyper inflation in front of our eyes. (Me thinks NOT.) The taxes will be horrendous. The commissions torturous. Our fortunes will dwindle in front of our eyes!
Fear Not, fellow PCFGers, Fear Not, for I have a plan!
I would like to see PCFG initiate a “Gold for Shares” policy that will be a Rewards Program for long time shareholders.
A shareholder would turn over his shares, at the Mill, for a “BON” (Bag o’ Nuggets). This reimbursement would come straight out of the bottom of the Gold Separator and reduce the Authorized and Outstanding Shares by the current valuation of the dollar. You wouldn’t have to worry about inflation, taxes or commissions.
It would operate as a Stock Buy-Back increasing the Company’s Value. It won’t show up on the mining inventory because, heck, there is no inventory. (Kind of like the Back Door to the Cash Rooms in Vegas)
You would have to go to the NRG Mill to pick up your BON, but I’m sure that they will install a secure Helipad and or Airstrip for the Charter Members of the Millionaires Club. Maybe we could build the Millionaires Club right there in Crescent Valley. (Duh, its Nevada). That way we could pick up our gold and visit the Club with all its lavish perks.
Well, I need to be off to finish up a job this morning but I sure am looking forward to the start of production. Good Luck to all us Longs…It won’t be much longer.
SG
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