Replies to post #76287 on Pacific Gold Corp fka PCFG

[Wolverine1997]

O.k. so I am wrong, dang I hate that when it happens.

Guess I need to go back to mining 101 LOL

So based on that and reading the process that would put it here

The tailings are stockpiled under the hydro-cyclone and the smaller particles and water are then sent to the geotextile bags where the water is cleaned for delivery to the ponds for recirculation into the plant.

So if I draw picture in my head the 36" twin screw bottom part is more than likely after the hydro-cyclone and the smaller particles and water are then sent to the geotextile bags by way of the 36" twin screw and then into the GeoTubes to the geotextile bags.

So basically that is to pretty much keep the small particles from just settling in the water and then being dumped into the GeoTubes? if that is the case the screws keeping this all mixed would make sense as it would not allow for any type of settlement to occur and pretty much keep the tubes from becoming clogged and overfilling? is that a good breakdown or am I wrong there as well?

Thanks Fox and Phred6. Guess I missed that part.

[Star Gazer]

After reviewing the drawings of the Archimedean Screws, it appears to me that they operate on an incline, lifting the sediment heavy water discharged from the Hydro Cyclone and allowing the water to drain away through the drain holes in the bottom of the trough.
The drawings that FWF posted clearly show the replaceable seals on the screw edges and the drain holes. The drain holes would be self cleaning by the operation of the screws and the grit and sediment would be carried to the top and discharged.
They are, IMO, a secondary dewatering devise to send as clean as possible process water to the tubes, in order to minimize the sediment build up in the tubes.

With regards to the shake down today, that is killing all of us, I know. I personally am second guessing my commitment to PCFG and believe this is exactly the purpose of this ploy. In my opinion the MM’s are trying to shake the shares loose from people willing to take the loss and write it off at the EOY. For either covering short positions or building inventories, I haven’t a clue, but they appear to me to be operating with full impunity and lack of adherence to any rules or regulations.
I have been around here for 6 years (posting for around 4) and the fundamentals for the company that I INVESTED in are still intact.

I invested in a startup gold mine, in a gold rich area of the U.S. that had a business plan to recover gold without the burden of the environmental issues of toxic chemical recovery methods. They had completed their mill, at great cost with a less then desirable financing, got rid of that burden and today is operation as a fully functioning gold mine. Yes, there are more O/S then there was 6 years ago but that is how a company obtains funds to startup.
I’ll stick it out and see where we end up.
SG