Replies to post #36121 on Pacific Gold Corp fka PCFG

[hinkydink]

I beg to differ with you concerning the fuel cost aspect. South Carolina (by my understanding) has some of the cheapest fuel costs in the nation. The best price I can find for diesel is $3.49. That is up from $2.89 I was paying about 2 months ago.

Fuel may be getting cheaper where you reside, but the view from here has been changing about 10 cents/gallon every 10-12 days. It wouldn't surprise me for fuel to be close to $5.00/gallon sometime during the summer.

I don't know how that affects the cost associated with the mining process, but it will cut into the margin somewhat.

The argument that PCFG may be waiting for the further rise in the price of gold does not hold any validity for me. It is currently at near record highs. The profit prospects far exceed what they did a couple of years ago! Though I firmly believe in the long term prospects for gold futures, there could be a retracement at any time as we recently witnessed.

Nuff said!

[theskeindhu]

At least they are not issuing bogus/fluff PR's. IMO this just shakes some of the weak hands and short interest. Spring is coming warm weather and ideal working conditions will keep good news coming and Gold will continue to rise so all is good. And like a couple of you I am long and strong with BULM and who knows where that is headed so I can be patient and give them a break. Now if I could get some good news outa SUGO I'd be even better:o)

[BBalls-N-CowTown]

They could produce and stockpile gold, selling only what they need to cover costs. The only reason not to be producing now is if you actually can't produce. If that is the case, then they need to be truthful about it.