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  4. Pershing Resources Company Inc. (PSGR) Message Board

A weekend to sit back and review PSGR. Communicati

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Post# of 1538
Posted On: 02/21/2015 2:17:35 PM
Posted By: Hill411
A weekend to sit back and review PSGR. Communication with the new website is exremely encouraging. The skeptic in me wonders if current news will be presented on, at the minimum, a bi-weekly basis. The stock price tracked favorably. Looks like a bottom wall has been established ($0.05/share) to lend credence to the value of this penny stock. Buys/sells for the week, with one or two exceptions, were in the tens/hundreds of thousands and the share price still ended at $0.05 for the week. The $0.032/share days may be over and the bottom line of $0.05/share may incrementally increase over the next few weeks. MY OPINION: I believe that by late March the bottom wall will be at $0.08/share. Daily volume should maintain around 50,000 shares. Presuming the PSGR Board Members keep us peons informed about minesite progress, by mid-summer I anticipate share value will be even more attractive. Another time will tell moment BUT for those of us who have been around for more than a decade, this stock and the minesite now have an appearance of average to good potential. Is investment risky? YEP! However, this is the first time I have confidence that the Board of Directors are actively engaged in minesite exploration, development, operation and, ultimately, production. Caveat Emptor still applies but with this Management Team, there is more than a glimmer of hope.


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