Replies to post #72196 on Pacific Gold Corp fka PCFG

[foxwoodsfan]

The first 2.5 years of production:

1.2MM cy / 480,000 cy/p/yr = 2.5 years production (if they don't expand). The NI 43-101 inferred grade is .5 grams/p/cy:

The Company has identified a resource, in the lower Black Rock Canyon and not including other areas under claim, of almost 1.2 million yards of gravels with an estimated gold grade of 0.5 grams per yard (grade based on a limited sample location). This resource is permitted and bonded and NRG plans to process up to 480,000 yards per year, for three years, producing 6,000 to 12,000 ounces of gold per year. Following the first full year of normal operations NRG plans to expand the permitted area to cover more of its claims and plans to double the size of the screening plant in order to increase production into the 12,000 to 24,000 ounce range. The resource size indicated above is strictly limited to the area of Black Rock Canyon that NRG has studied sufficiently to identify in its 43-101.

[RoboTrader]

Fox, the key word you said is *IF* and you entirely missed the point of that post, but no big deal. That'd be awesome if PCFG pulled off .5g per cy, then the only thing traders would be concerned about is getting whale investors to lock up the float and not let another dump happen again. It's a big float but it can easily be done at these prices with "great news". Traders would be riding it up at that point.

\\//_