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DeeDog

10/28/11 12:28 PM

#70934 RE: 24d #70921

Depends on how high the pps gets and how fast it rises, as well as how good the PR looks. It will drop some, the question is, how far...and how long will recovery take?

I think each time it drops, it won't go as low and each time it rallys, it will go higher. It's like an uphill roller coaster, powered by gold production. Less nerve rattling to just buy and hold long term. I think you could come back and check this one about once every 3-6 months and it'll be higher each time.
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ppl_first

10/28/11 12:29 PM

#70935 RE: 24d #70921

Answer: Z-E-R-O
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WhiteSahara

10/28/11 12:55 PM

#70943 RE: 24d #70921

Holding gains will depend on five items IMO. The amount of gold they pull out for the third quarter and guidance for the fourth quarter and beyond.

If they are meeting projections from prior PR's the value of the company is worth substantially more than current prices reflect. As several here have seen and posted, they are moving and processing ores and they are hiring new personnel. The intimations are that they are meeting projections.

If the placement of new geo-tubes installation is complete and they receive permission to process larger quantities of ore, guidance may rise considerably as should the share price.

Gold prices will obviously affect revenue and the bottom line. If they hold in the current range or rise, it would certainly give a nice positive effect to the SP.

The B&B property is the biggest unknown. If they were to complete an NI-43-101 and the reserve estimates equaled or exceeded NRG reserves, PCFG's value goes up considerably.

Some traders will sell on news no matter the results. Some simply are looking for a small quick gain and they are gone. It would take very good news to bring in new investors to mitigate their sales.

The management group for PCFG have been one of the most forthright I've ever seen in an OTC company. They provide solid guidance and then follow up and report their accomplishments. I like their quiet confident style and believe they will build PCFG into a solid profitable company.