InvestorsHub Logo

hallucinated

05/21/12 3:04 PM

#90717 RE: Bang Bang #90712

the need for parts inventory system is probably evidence of the equipment getting jammed up frequently by coarse gravel/feed. they need frequent parts management/repairs.

the reason the original dewatering plant/machine failed was for the same reason. this time it appears that they are being cautious or making sure things dont get clogged up on the concentrators.

the purchase of twin screws and their concern for clean water is basically because of the aforementioned reasons. clean water will reduce start/stop times and need for less of these "parts inventory". i felt like they werent getting clean water from those geotextile tubes when i saw the videos in march/april.

our hope is that its improving or has improved since the 10q.

Chase Ferguson

05/21/12 3:54 PM

#90735 RE: Bang Bang #90712

If this new info from NDEP confirms the water problem is resolved, I suspect a PR will have to follow soon once PCFG finds out NDEP provided this info to a shareholder. I'm following up on it, too to make sure this was an accurate report - I know there was confusion (according to one) over the date of the email reply, so it should be easy to verify. This could be really great news for PCFG.