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Bullboard - Stock Discussion Forum PC Gold Inc Ord PCGLF

GREY:PCGLF - Post Discussion

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Post by blessings20 on Mar 13, 2013 9:35pm

PDAC

My last post I mentioned that PC has a  A & B plan for getting finances.Plan A is just trying to get financing.If that didn't happen plan B was ,they have another area on the property that they figure there is enough gold in the ground to pay for the financing of redoing the mine & going down deep where they know there is a fair bit of gold.Forget all the figures but good to know they are doing some serious planning.
Comment by Gaberlunzie on Mar 16, 2013 12:18pm
I got much the same message when I visited the booth at PDAC. Plan B which makes practical sense is to open up a shallow shaft to get access to ore that is partially opened up in existing drifts. This material will be trated in the existing mill, virtually new, on site so that a cash flow will be established that at least will keep the lights on while PKL finds out what can be done next. Cost ...more  
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