Replies to post #35778 on Pacific Gold Corp fka PCFG

[nobody3]

ill see if i can find it. heres a question can pcfg cancelle the deal that they made? they do get 50,000 no mater what?right

[chuckrmon22]

Yeah, I can't seem to locate the PR that says that either.

IMO<ONLY

[nobody3]

06/17/2010
Pacific Gold Corp. Corporate Update


TORONTO, June 17, 2010 - Pacific Gold Corp. (Pink Sheets: PCFG).

Nevada Rae Gold
The Company has completed upgrading the Black Rock Canyon mill to ensure a better efficiency and production rate once operations commence.

Once production resumes the Company will conduct a batch run of gravel to test the new system, including the installation of the geo-textile tubes to ensure that any issues regarding sedimentary build up within the water flow system have been resolved.

The Company is actively searching for working capital in order to restart production at the Mine. The estimated requirements are up to $500,000. Production could begin at the Mine within 8 weeks of the Company securing financing. Due to the lack of potential funding sources in the US capital markets the Company is exploring financing options in Canada as well as the US.

The Company is completing a 43-101 report on the Black Rock Canyon Project which is a required technical report that governs a description of the mining project. This report is necessary in Canada in order to raise public funds for a mining venture. The Company expects the 43-101 report to be complete within the next two weeks.

Pacific Gold Corp.
Once working capital financing is secured, the Company plans to complete and file its delinquent SEC reports and then apply to have its common stock quoted once again on the OTC Bulletin Board. The Company has secured a quote from an auditing firm for the necessary work involved in completing the SEC reports.