Replies to post #83315 on Pacific Gold Corp fka PCFG

[TRAPPER JIM]

Heres the report so folks dont have to log onto grass roots http://www.grassrootsrd.com/grassrootsrd/Reports/Pacific_Gold_03_23_2013.pdf THIS IS AWESOME LOOKING
The expected increase in output from the Black Rock Canyon Mine is
likely to expedite revenue growth. Management believes that it will be able to complete the permitting process
and build the plant to begin commercial production from the Lower Olinghouse prospects in Fiscal 2013 and
complete initial exploration and development of the Graysill mine by 2015.

[Wolverine1997]

and one last post from that article. You all were wondering about the 7 million they were needing here is a breakdown and explanation of what this really means.

The Company has already made substantial investments in commercializing its only production mine. Pacific
Gold has invested close to $8.0 million in commercializing its Black Rock Canyon Mine and further $2-3 million
in exploring and developing other properties. However, to achieve its long term growth plans and further expand
production, the Company will need to raise significant capital in the next 12-24 months. Based on our financial
projection and management estimates, Pacific Gold needs to invest and raise an additional $7.0 million in capital
to fund its growth plans. The Company plans to utilize these funds primarily for:
? $1.0 million to expand the plant capacity at the Black Rock Canyon mine.
? $2.0 million to complete permitting and build plant at the Fernley (Butcher Boy) Gold project.
? $2.0 million to begin exploration work and undertake feasibility studies at the Graysill Project.
? $2.0 million for working capital requirements.

[rocco2]

Wow, been trying to get a look inside that plant for ever, GREAT stuff thank you

Nice equipment (all new)

Printing the report in color!!

GFTU

PCFG $$