(Total Views: 497)
Posted On: 05/31/2017 12:29:21 PM
Post# of 1547
$PSGR One may anticipate that a company that has claims throughout Arizona and Nevada would keep its investors informed. One would be wrong.
Has anyone noted that any mention of the claims in Nevada has been sorely lacking in any of the months old Press releases from Pershing Resources? Once upon a time the Marcos Claims were presented as a site that had precious metals.....well, the 'assays' from years ago were positive. Well (again) the 'assays' looked pretty good until they were sent to a CERTIFIED ASSAY LAB. No one has heard much since then...then being over two years ago.
Which brings us to the most recent mining claims in Arizona. Seems like there are three (ahem) claim sites that were purported to have precious metals. NO promises, of course, as Pershing Resources is a Research & Development company. So far, all the alleged 'new technology' has not produced anything of value to the everyday investor. Maybe the Gurus at Pershing Resources have an new super-secret, patented, one-of-a-kind, guaranteed to remove every last trillionth of a gram of precious metals out of the ground once the technology is put in place. Unless all there is in all those claims IS a trillionth of an ounce. So far, investors have no way of knowing because there has been nothing from Pershing Resources that even alludes to any activity at any of the claims sites. Yes, this lack of information from Pershing Resources has been pretty standard for the past 20+ years......unless a Press Release comes out referring to the need for a new Mill or ?????, then the investor can count on a Press Release of three.
If this was a sporting event, the opposing teams would appear to be as follows:
CORPORATE PERSHING RESOURCES
Holds the playbooks for both teams
Will not tell the opposition what game is being played
Will not tell the opposition which field the game will be played on
Will not tell the opposition when the game will be played
Hires its on referees
Keeps all the earnings
Controls the Press
INVESTORS
Puts money in, gets nothing out
FINAL SCORE
To be determined
Looks to me to be a whole lot one-sided...and the one side does not favor the investor.
Has anyone noted that any mention of the claims in Nevada has been sorely lacking in any of the months old Press releases from Pershing Resources? Once upon a time the Marcos Claims were presented as a site that had precious metals.....well, the 'assays' from years ago were positive. Well (again) the 'assays' looked pretty good until they were sent to a CERTIFIED ASSAY LAB. No one has heard much since then...then being over two years ago.
Which brings us to the most recent mining claims in Arizona. Seems like there are three (ahem) claim sites that were purported to have precious metals. NO promises, of course, as Pershing Resources is a Research & Development company. So far, all the alleged 'new technology' has not produced anything of value to the everyday investor. Maybe the Gurus at Pershing Resources have an new super-secret, patented, one-of-a-kind, guaranteed to remove every last trillionth of a gram of precious metals out of the ground once the technology is put in place. Unless all there is in all those claims IS a trillionth of an ounce. So far, investors have no way of knowing because there has been nothing from Pershing Resources that even alludes to any activity at any of the claims sites. Yes, this lack of information from Pershing Resources has been pretty standard for the past 20+ years......unless a Press Release comes out referring to the need for a new Mill or ?????, then the investor can count on a Press Release of three.
If this was a sporting event, the opposing teams would appear to be as follows:
CORPORATE PERSHING RESOURCES
Holds the playbooks for both teams
Will not tell the opposition what game is being played
Will not tell the opposition which field the game will be played on
Will not tell the opposition when the game will be played
Hires its on referees
Keeps all the earnings
Controls the Press
INVESTORS
Puts money in, gets nothing out
FINAL SCORE
To be determined
Looks to me to be a whole lot one-sided...and the one side does not favor the investor.
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