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Posted On: 05/26/2018 10:48:31 AM
Post# of 1521
$PSGR What is going to happen with all of those (ahem) ALMOST five square miles of Pershing Resources mining claims near Kingman, Arizona?
Let's start with a portion of a Press Release from Pershing Resources about the Nevada claims site:
(From the Press Release) '...the company established an average of 0.374 ounces (10.6 grams) of precious metals per ton of head ore.'
Steve Plumb, Pershing Resources' CEO, said, "These results confirm what we have known, for a while, about the Marco Project. The property is highly mineralized and is somewhat unique in its geology and ore content. We believe that the Company is on the right track and, that we can take this project to a commercial scale and be at a production ready state in the foreseeable future."
With little respect to the precious metals average in the MARCO PROJECT head ore, investors are certainly aware that Nevada is known for its history of Silver mining. At about $18.00/oz, Silver will have to be in ABUNDANCE at the Marco Claim...the assay results do NOT show this.
Oh yeah, the PRESS RELEASE is from APRIL 2, 2015. Paraphrasing Steve Plumb, today, I guess this can be called the 'unforeseeable PAST'. Apparently someone must have stolen the 'right track' (was there ever a LEFT track?) /OR/ the 'commercial scale' was really a scale and found to be malfunctioning. I have yet to determine the Pershing Resources Company, Inc. definition of 'a production ready state' although I am highly suspicious that the 'production ready state' refers to the STATE of NEVADA (which, of course, produces a lot of things) and NOT to the production of anything (BS excepted!) by Pershing Resources.
Which brings investors to wonder: 1) IF the MARCO CLAIM in Nevada will EVER enter into production 2) IF the NEW Enema Mohave-Standard Claim/Mine will have production in the (cough-cough) 'foreseeable' future 3) WHAT type of 'precious metals' and WHERE will they be mined by Pershing Resources FOR PROFIT? 4) When will verifiable FACTS replace 20 PLUS YEARS of repetitive BS?
WITH NO RESPECT FOR TWENTY PLUS YEARS OF NOTHING OF VALUE TO COMMON SHARE HOLDERS: (parody/paraphrasing Steve Plumb)
'These results confirm what we have known, for a long while, about Pershing Resources Press Releases. The Press Release content is decidedly BS and is totally without documented levels of successful precious metals production. FOR THE PAST TWENTY PLUS YEARS, IF the company is on ANY track, the track appears to be bent, rusted, completely unreliable and unable to support ANY verifiable transport vehicle. At this point in time, the track may just lead to nowhere /OR/ may be joined to itself in one continuous loop that continues to repeat TWENTY PLUS YEARS of NOTHING. Chug Chug Chug....CHOO CHOOO!
Let's start with a portion of a Press Release from Pershing Resources about the Nevada claims site:
(From the Press Release) '...the company established an average of 0.374 ounces (10.6 grams) of precious metals per ton of head ore.'
Steve Plumb, Pershing Resources' CEO, said, "These results confirm what we have known, for a while, about the Marco Project. The property is highly mineralized and is somewhat unique in its geology and ore content. We believe that the Company is on the right track and, that we can take this project to a commercial scale and be at a production ready state in the foreseeable future."
With little respect to the precious metals average in the MARCO PROJECT head ore, investors are certainly aware that Nevada is known for its history of Silver mining. At about $18.00/oz, Silver will have to be in ABUNDANCE at the Marco Claim...the assay results do NOT show this.
Oh yeah, the PRESS RELEASE is from APRIL 2, 2015. Paraphrasing Steve Plumb, today, I guess this can be called the 'unforeseeable PAST'. Apparently someone must have stolen the 'right track' (was there ever a LEFT track?) /OR/ the 'commercial scale' was really a scale and found to be malfunctioning. I have yet to determine the Pershing Resources Company, Inc. definition of 'a production ready state' although I am highly suspicious that the 'production ready state' refers to the STATE of NEVADA (which, of course, produces a lot of things) and NOT to the production of anything (BS excepted!) by Pershing Resources.
Which brings investors to wonder: 1) IF the MARCO CLAIM in Nevada will EVER enter into production 2) IF the NEW Enema Mohave-Standard Claim/Mine will have production in the (cough-cough) 'foreseeable' future 3) WHAT type of 'precious metals' and WHERE will they be mined by Pershing Resources FOR PROFIT? 4) When will verifiable FACTS replace 20 PLUS YEARS of repetitive BS?
WITH NO RESPECT FOR TWENTY PLUS YEARS OF NOTHING OF VALUE TO COMMON SHARE HOLDERS: (parody/paraphrasing Steve Plumb)
'These results confirm what we have known, for a long while, about Pershing Resources Press Releases. The Press Release content is decidedly BS and is totally without documented levels of successful precious metals production. FOR THE PAST TWENTY PLUS YEARS, IF the company is on ANY track, the track appears to be bent, rusted, completely unreliable and unable to support ANY verifiable transport vehicle. At this point in time, the track may just lead to nowhere /OR/ may be joined to itself in one continuous loop that continues to repeat TWENTY PLUS YEARS of NOTHING. Chug Chug Chug....CHOO CHOOO!
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