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Bang Bang

02/16/12 10:06 PM

#79567 RE: Sumdude #79562

Nice try "dude"....The A/S has been 5 billion for years, while the O/S has remained way below 1 billion. In fact, the company has been very prudent in using very minimal dilution during this final stage in development before they are cash flow positive and producing gold.
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TRAPPER JIM

02/16/12 10:38 PM

#79570 RE: Sumdude #79562

11/23/2010 http://www.pacificgoldcorp.com/news101123.html the Company has 743,732,651 shares outstanding.11/15/2011 Shares Outstanding 759,783,231 a/o http://www.otcmarkets.com/stock/PCFG/company-info So in the course of 1 year they issued 16 mil shares.And not all of those are in the float.Allot are restricted until 2013 for financing.And they updated a couple years worth of filings which was not cheap,got the plant up and running and have gained on all fronts adding and fixing equipment.Thrown in their own cash and according to the MSHA website are working hard for us by tripling the hours of operation in the last quarter. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71621573&txt2find=msha So just how is it you figure they will most certainly dump 4 billion as fast as they can.LOL please provide link to fact or post IMO

4 Billion shares left to dump and i can assure you they are certainly and clearly using them like clockwork.

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Probart

02/17/12 9:19 AM

#79593 RE: Sumdude #79562

Your statements are flawed. The history of dilution for this stock has been transparent and conservative as pennies go. If you have been around long enough you will know what it takes to get a gold mine to a going concern.
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techtrade

02/17/12 12:30 PM

#79617 RE: Sumdude #79562

"earnings" was a poor choice of words, they are going to file their 10-K was what I should have said. I don't think they'll be profitable, but what I think everyone will be looking at is their production numbers. Any sharp increase will be greeted warmly IMO, and will be used to evaluate their earnings potential going forward.

Do you have any factual basis for ongoing dilution? I don't know of any but would obviously be interested in facts. Speculation on such things is useless.