Me to.The property they the option agreement with Black Fire Minerals on the Pilot Mountain claims is supposed to be worth 900 million dollars.Heck at 780 million outstanding shares thats over a buck a share for that property.Not counting the mine operation at the Black Canyon Mine http://www.pacificgoldcorp.com/news101123.html Financial Summary The Company plans to begin gold production at Black Rock Canyon in 2011 in a range of 6,000 to 12,000 ounces per year in 2011. In 2012 the Company plans to increase production at Black Rock Canyon to between 12,000-24,000 ounces per year. In 2013 the Company plans to begin mining at Fernley Gold at a rate of approximately 10,000 ounces a year and increasing to 20,000 ounces per year in 2014. Total company wide gold production is planned to be approximately in the range of 32,000 to 44,000 ounces per year by the end of 2014. There can be no assurance as to production rates or profitability from these estimates. Based on recent prices from www.mineralprices.com , Pilot Mountain claims have a current in-ground resource value of up to $900 million subject to a number of factors; confirming the deposit grades of copper, zinc and silver credits; mining extraction and processing costs; and metal recovery efficiencies; all of which could lower the amount recovered significantly. Once the pre-feasibility study is updated a more accurate expectation of mine finance and potential operating numbers should become available.
News 
Market Data 
Discover 
