Replies to post #72084 on Pacific Gold Corp fka PCFG

[ScotiaNostra]

Do we get some BREAD at the soup station ... been waiting in line for a year now :-)

[RoboTrader]

what are you talking about

Recovery rate and operating expenses. Pay attention. ;) If the recovery rate is lower than projected (they've been off on their projections several times in the past), this impacts the bottom line. They won't last long losing money if the recovery rate is .2g again. They'd have to get another infusion of cash. I doubt Mitch has enough stock options from his other company to dump and finance this project again.

Like I said, you better hope they are meeting the .4g estimate that PCFG management projected. It's pretty much make or break right there. .3g, they'll buy a little time. .2g, you might as well say goodbye. :)

It's all about the recovery rate right now. Great numbers will crush those big sellers, low numbers and those big sellers of Aug. 15th will crush shareholders. Simple as that. It's funny how traders can't look at the good, bad, and the ugly.

\\//_