Frisco, TX 6/11/2007 8:30:00 PM
News / Business

Pacific Gold Corporation Rated ‘Speculative Buy,’ Target Price $.90 by Beacon Equity Research

DALLAS, June 11, 2007 (BUSINESS WIRE) – Pacific Gold Corp. (OTCBB: PCFG) has been rated “Speculative Buy” with a target price of $0.90 by Beacon Equity Research Analyst, Lisa Springer, CFA.

DALLAS, June 11, 2007 (BUSINESS WIRE) – Pacific Gold Corp. (OTCBB: PCFG) has been rated “Speculative Buy” with a target price of $0.90 by Beacon Equity Research Analyst, Lisa Springer, CFA.

The full report is available at http://www.BeaconEquityResearch.com

Anyone interested in receiving alerts regarding Pacific Gold Corp. research should email members@beaconequityresearch.com with “PCFG” in the subject line.

In the report, the analyst writes, “Pacific Gold’s business is identifying, acquiring, and developing proven, undeveloped mineral deposits in the western US. The Company is focused on gold as well as base metals such as tungsten and uranium. PCFG owns and operates five subsidiaries that control several thousand acres of mineral leases and mining claims in Nevada, Oregon and Colorado.

PCFG plans to grow by purchasing or leasing existing mineral deposits across North America. According to management, with the acquisition of Project W, a large tungsten-based deposit, the Company had achieved approximately 55% of its goal. To date, the gross value of PCFG’s estimated gold, tungsten, vanadium, and uranium resources approaches $1.7 billion.

Other companies in the gold production market include Barrick Gold Corp (NYSE:ABX), Gold Corp (NYSE:GG) and Newmont Mining (NYSE:NEM).

Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of Pacific Gold Corp. (PCFG). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research has been compensated a total of nine thousand dollars directly from Pacific Gold for a limited participation in its research program.  This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. 

SOURCE: Pacific Gold Corp.

Beacon Equity Research
Jeff Bishop, 469-361-6239
editor@beaconequityresearch.com
www.BeaconEquityResearch.com
or
 
Pacific Gold Corp 
Mitchell Geisler COO

416-214-1483