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Wolverine1997

04/02/12 12:26 AM

#85351 RE: nobody3 #85344

Nobody3, There has been no confirmation of how much gold was produced in the 4th QTR.

In the 3rd Qtr 10-Q PCFG reported an inventory of Metals and stockpiled or totally a value of $55,599. you divide that by the 1400 average being quoted everywhere and that means PCFG had 39.71 ounces of Metal and Ore in inventory that had not been sent to the refinery.

Until the 10-K comes out and get the full expenses and incomes from all sources we have no idea how much gold was produced in Oct, Nov and Dec. I know everyone keeps saying they did not start mining until Dec but for some reason I think PCFG was mining off and on in Oct and November with just the 2 GeoTubes while waiting for the other tubes to be approved. I could be wrong but it would be nice suprise if they were doing just that.