PC Gold Inc Ord PCGLF

New presentation May 2013

[opti007]

FYI

007

https://pcgold.ca/downloads/PC-Gold-Investor-Presentation_May2013.pdf

[Blueocean102]

Thanks for the info... Regarding Financing, which is currently the critical issue to say the least, here is what is presented as ''Recent Progress'' ( Page 29 of the PDF presentation) : oConfidentiality agreements signed with 3 potential long-term strategic partners oDevelopment of preliminary financial models and business case for near-term cash flow generation by mining of vein

[prioris]

My main concern is dilution and whether the current minority shareholders will get screwed. They need to just get enough money to keep the lights on and no more to wait the storm out. The idea of a much smaller capex and using the small mill sounds interesting for 225 tpd. 225 x 5 grams = 36 ounces of gold per day. Thats around 12K+ ounces per year.  if they can make 200 per ounce in profit

[bowmacwood]

If you look at the latest financials on sedar, PKL has just a few more months of money untill the lights go out.   They need at least 30 million to start this mine -- I have written this off but will hang on with teh slim hope of a private equity partner to come in and maybe help it along.