PSGR... Encouraging day of trading on Wednesday as share price increased. MY OPINION...Wednesday saw the incremental share price increase with a very good number of shares bought/sold. The share price increase coupled with the volume indicate confidence in Pershing Resources. Although the company has yet to release the most current assay results, previous assay results indicated the presence of a viable precious metals ore body. Presuming that the original assay was marginally representative of ore volume and content, PSGR share value should continue its upward trend. Upon confirmation of precious metals ore volume, this stock value could quickly triple in price from the current $0.045/share. Once production begins, the share price should hit its peak value and provide funding to PSGR for additional minesites development. Still looks like an outstanding value if the current share price is doubled. Presuming an extensive and rich ore body, share price under $0.50 would still be a steal.
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