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<b>PACIFIC GOLD CORPORATION
Investrend Reiterates Buy Rating </b></font>
<font face="arial,helvetica" color="#ff3300" size="2">
<i> <a href="http://goldnewscast-info.com/080E1B1C1A17001B06131C11173206051B010617161F1306001B0A5C111D1F0E40404147440E40434644434B0E400E434143444744440E08.aspx">GET
REPORT </a></i></font>
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<b>Pacific Gold 'Buy' Rating Reiterated By
Investrend Analyst James Darcel In 'Benchmark'
Research Update</b></font><br>
<font face="arial,helvetica" color="#800080" size="2">
10/17/2007</font></td>
<td vAlign="top" width="42%"> <a href="http://goldnewscast-info.com/080E1B1C1A17001B06131C11173206051B010617161F1306001B0A5C111D1F0E40404147440E40434644434B0E400E43414344474A4B0E08.aspx"><img alt="" src="http://www.stockhouse.com/../email/images/sendfriend2.gif" border="0"></a><span id="intelliTxt5"><i><span class="style1"><a href="mailto:remove@bankersfinance.com?subject=REMOVE OUR NAME"><font color="#000080" face="Verdana">REMOVE MY NAME</font></a></span></i></span></td>
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<a class="iAs" style="font-weight: normal; font-size: 100%; color: #800080; text-decoration: underline; border-bottom: 0.07em solid darkgreen; padding-bottom: 1px; background-color: transparent" target="_blank" itxtdid="4504397" href="#">
<font face="Verdana">NEW YORK</font></a><font face="Verdana" color="#800080">,
Oct 17, 2007 (BUSINESS WIRE) -- </font></i>
<p><i><font face="Verdana" color="#800080">(Investrend
Research Syndicate) Investrend analyst James P.W.
Darcel, CFA cites successful financing and the
high price of gold relative to potentially
undervalued company stock as a positive
development for Pacific Gold Corp. (OTCBB: PCFG),
reiterating a "Buy/4" rating in his most recent
Benchmark research Update dated October 16,
2007. </font></i></p>
<p><i><font face="Verdana" color="#800080">The
full Investrend report on PCFG, including
important disclosures, disclaimers and analyst
qualifications, is available at http://www.investrendresearch.com
, or may be directly accessed via this link:
http://investrend.com/Admin/Topics/Articles/Resources/953_
1192594213.pdf . (Due to its length, this URL
may need to be copied/pasted into your </font>
<a class="iAs" style="font-weight: normal; font-size: 100%; color: #800080; text-decoration: underline; border-bottom: 0.07em solid darkgreen; padding-bottom: 1px; background-color: transparent" target="_blank" itxtdid="4648241" href="#">
<font face="Verdana">Internet</font></a><font face="Verdana" color="#800080">
browser's address field. Remove the extra space
if one exists.)Investors are advised to read
disclosures carefully before trading in the
equities of any enrolled company. </font></i>
</p>
<p><i><font face="Verdana" color="#800080">In
the report, analyst Darcel also stated: </font>
</i></p>
<p><i><font face="Verdana" color="#800080">
"Recent insider sales and the Oct. 5 reported
financing using convertible debentures (Cot. 5,
2007) are caution signals that investors should
consider. The requirement for short-term
financing may indicate that the Company's
operating </font>
<a class="iAs" style="font-weight: normal; font-size: 100%; color: #800080; text-decoration: underline; border-bottom: 0.07em solid darkgreen; padding-bottom: 1px; background-color: transparent" target="_blank" itxtdid="4651873" href="#">
<font face="Verdana">cash-flow</font></a><font face="Verdana" color="#800080">
and earnings may be lower than projected.
However, until operating results become
available, PCFG stock rating is unchanged at Buy
- 4 and it also remains the author's opinion
that the stock is potentially undervalued. Until
the Company reports otherwise, the author's 2008
earning's forecast will be maintained and PCFG
stock will continue without a target price until
the Company's sales and earnings are more
visible and predictable." </font></i></p>
<p><i><font face="Verdana" color="#800080">
Analyst Darcel concluded: </font></i></p>
<p><i><font face="Verdana" color="#800080">"It
is the author's opinion that Pacific Gold Corp.
management have successfully financed and
managed their company reasonably over the past 3
years and that significant production of gold is
underway based on the Company's reports, which
should contribute to material growth in PCFG
shareholder value in the future." </font></i>
</p>
<p><i><font face="Verdana" color="#800080">All
Investrend Research reports published for PCFG,
including important disclosures and disclaimers
are also available via the company's
InvestorPower(tm) Page, posted at Investrend.com
(http://www.investrend.com). InvestorPower(tm)
Pages are directly accessible from http://www.investrend.com/company/list.asp?sPathParam=yes
. Investors are advised to read those
disclosures carefully before trading in the
equities of any enrolled company. </font></i>
</p>
<p><i><font face="Verdana" color="#800080">
Pacific Gold Corp. is enrolled in Investrend
Research's pioneering professional research
program, which facilitates independent analysts
to provide coverage for shareholders in
companies that otherwise would have little or no
analyst following. Enrollment fees for the
Benchmark research platform are $26,800, and the
fees are being paid by the company. Analysts are
paid in advance of initial reports by Investrend
Research to eliminate pecuniary interest, and
neither the analyst nor anyone associated with
Investrend Research may own or trade in the
stocks of a company under coverage. </font></i>
</p>
<p><i><font face="Verdana" color="#800080">
Investrend subscribes to the exacting "Standards
for Independent Research Providers" at http://www.firstresearchconsortium.com
, as well as the CFA-NIRI Guidelines at http://www.cfainstitute.org
. Investrend's Research platform is also
executed in accordance with Guidance set forth
by U.S. Securities and Exchange Commission's
Advisory Committee on Smaller Public Companies
at http://www.sec.gov/info/smallbus/acspc/acspc-finalreport_d.pdf
. </font></i></p>
<p><i><font face="Verdana" color="#800080">
Anyone interested in receiving alerts regarding
Pacific Gold research or webcasts should </font>
<a class="iAs" style="font-weight: normal; font-size: 100%; color: #800080; text-decoration: underline; border-bottom: 0.07em solid darkgreen; padding-bottom: 1px; background-color: transparent" target="_blank" itxtdid="4707739" href="#">
<font face="Verdana">e-mail</font></a><font face="Verdana" color="#800080">
contact@investrend.com with "PCFG" in the
subject line, or click on http://www.investrend.com/contact.asp
. </font></i></p>
<p><i><font face="Verdana" color="#800080">
Forward-Looking Statements: Statements in this
news release that are not historical facts are
forward-looking statements that are subject to
risks and uncertainties. Words such as
"expects", "intends", "plans", "may", "could",
"should", "anticipates", "likely", "believes"
and words of similar import also identify
forward-looking statements. Forward-looking
statements are based on current facts and
analyses and other information that are based on
forecasts of future results. </font></i></p>
<p><i><font face="Verdana" color="#800080">
SOURCE: Pacific Gold Corp. </font></i></p>
</span>
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<font color="#800080">Pacific
Gold 'Buy' Rating Reiterated By
Investrend Analyst James Darcel
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<font color="#800080">Grandview
Gold Inc. Rated 'Speculative
Buy,' Target Price 3.54 by
Beacon Equity Research</font></a></font></td>
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