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foxwoodsfan

03/01/11 12:01 PM

#36170 RE: carhauler #36168

Of course it's speculative, aren't all stocks? I am not a technical trader but I keep charting stocks anyway because it gives another perspective to look at and evaluate. If I strictly looked at the chart I would say that PCFG is going up expotentially in the near future (eventually), the stock has held a huge 6 month gain and has settled at a clearly defined support level. Now fundamentals....I think you can tell by the tone of my recent posts that I am not happy with management at the present, the lack-luster approach to advancing the BRCM project and securing a revenue stream and protecting shareholder value is unacceptable however the most important fundamentals remain at BRCM which are the estimated resources and the capability to mine it, the capability is there as the facility is permitted and functional, leases and advanced royalty payments are current, so the physical fundamentals are unchanged or have actually advanced in the short-term....the lacking fundamental for success is management and apparently funding....You cannot deny that technically the stock is performing exceptionally well in the past 6 months, what you can support is that management could be doing a much better job of advancing the business plan and protecting shareholder's value....so I'm on the fence, yes I think the stock will perform and trend up soon, no I don't think things are going as well as they should be and I think that shareholders are being taken advantage of....bottomline is I will neither buy or sell PCFG stock, I will focus on other investments and I will continue to advise management of my sentiments which are not positive at this time.

nobody3

03/01/11 12:02 PM

#36171 RE: carhauler #36168

im thinking your right then before we know it 2012