PC Gold Inc Ord PCGLF

Feds announcement tomorrow!

[opti007]

QE3, if big enough, may bring gold higher ($1732 this afternoon). Anything closer to $1900 (which is only a 10% increase) may renew interest in PKL. Any rumour of starting Phase 1 will bring SP up. If we get gold closer to $1900 there may be buyers for PKL bonds, if the managment were elected to go this route. Also, in Q2 report, once it comes out, a good cash position (about $2M) would assure the PKL survival till mid 2013.

All fo this is a very optimistic view of the current situation.

007