Replies to post #78892 on Pacific Gold Corp fka PCFG

[TRAPPER JIM]

HAPPY GROUNDHOGS DAY EVERYONE

[FrankMD]

Thanks for posting that TRAPPER JIM! great info! eom

[blue dog]

That's great information and a very useful website. (Do you have any idea what it means if a U.S. mining company is not listed there? Does that mean that they are not mining yet?

Also, I see that PCFG has an abandoned mine (Defiance Mine) in Oregon. Prior posts on this board say that Oregon Gold, Inc. (a PCFG subsidiary) owns the Defiance Mine. MHSA shows no data for the Defiance Mine. Anyone have any idea what is up with that mine?

Go $PCFG

[blue dog]

Q3 produced 50 oz of gold, with 2279 hrs (some of which was for repairs as opposed to mining). Q4 presumably reduced the time on repairs (i.e., a higher percentage of total hours likely were devoted to mining in Q4 than in Q3) and tripled (i.e., 6674/2279) the number of total hours. And I suppose it is possible that tweaking the process increased the extraction rate.

So production = 50 oz x 3 x R x P, where:

R = rate of extraction in Q4 versus Q3, and

P = percentage of hours mining in Q4 versus Q3.

When does the train reach Chicago?

Go $PCFG

[BBalls-N-CowTown]

Thanks for that Trapper!

[Bang Bang]

Very encouraging TJ.......