PSGR.....Tuesday morning, will there be a rush to buy? Yesterday Pershing Resources released additional assay results for the Marco Project. Included within the release is the acknowledgement that sufficient precious metals exist to advance the project to the mining stage. Expenditures for equipment and personnel will require solid funding. MY OPINION...the Press Release noted PRECIOUS METALS. While not specifically referencing Gold, as occurred in the prior Press Release, the increased value (weight oz/ton) of Precious Metals is encouraging. I do not believe the Press Release contained enough information to launch a stampede of buying BUT will serve to strengthen investor confidence in the viability of PSGR stock. I look for an increase in share price and larger volume share buys. Today's investor response should be a good indicator as to future investor interest. The prior Press Release caused an upward spike in share price. I believe that we will see good to very good increases in share price this week.
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