Replies to post #69543 on Pacific Gold Corp fka PCFG

[hinkydink]

The price of gold is (kinda) irrelevant. Market sentiment will be the driving factor. Things are in a frenzy right now. No one seems to be decided on what exactly they are going to do.

When gold hit over 1900 not too long ago, it did not reflect in the PPS of miners (both majors and juniors). If you research it, you will see that share prices of miners are well below the %age rise of bullion.

Investors will have to make the decision (en mass) that mining companies are one of the better choices available before you see the price valuations that you seek.

Right or wrong, that is the view from where I sit.

Bis Spater

[DeeDog]

Most of us are hoping for an early surprise PR, maybe separate from and earlier than the Q3 filing that's due on Nov 15th.

There was much discussion on the 5 mill share buyback. They have a reason for that I'm sure. Could be a signal that that will be buying back more shares in the future and It's more likely a hint that they have a good money flow now. They don't even have to buy the shares but by announcing that, I think they're giving the shareholders a message of some kind.

The owners and other insiders are heavy shareholders themselves and that's a very good sign, but people have been playing with this stock for years when it was a pinky and it will take at least 2 consecutive good production reports before the pps stabilizes and starts to rise normally, IMO. So, good long term investment, it will break loose one day, I believe that.
GFTA (fortune)
Dee