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Posted On: 06/09/2017 8:37:41 AM
Post# of 823
$PGLC T.PGLC Pershing Gold (NASDAQ
GLC) released the long-awaited pre-feasibility study for its Relief Canyon Mine. The preparation of the PFS took longer than expected, and it was released several months later, compared to some of the original projections. But this milestone was finally reached, and Pershing Gold can focus on other steps on its way to first gold pour. Although some of the results presented by the PFS are worse compared to the PEA, the PFS confirms the viability of the project. However, I must admit that I am a little disappointed by the notable growth of estimated capex.
Pershing Gold: 1 Step Closer To Production https://seekingalpha.com/article/4079763-pers...production
GLC) released the long-awaited pre-feasibility study for its Relief Canyon Mine. The preparation of the PFS took longer than expected, and it was released several months later, compared to some of the original projections. But this milestone was finally reached, and Pershing Gold can focus on other steps on its way to first gold pour. Although some of the results presented by the PFS are worse compared to the PEA, the PFS confirms the viability of the project. However, I must admit that I am a little disappointed by the notable growth of estimated capex. Pershing Gold: 1 Step Closer To Production https://seekingalpha.com/article/4079763-pers...production
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