PSGR....Monday....A week of growth or another week in Limbo?... (MY OPINION): PSGR remains an excellent investment for individuals who have patience. The quick flip mentality of the day trader inhibits the profit potential of this stock. Lack of weekly company information prompts some individuals to get in/out with no regard to long term profits. Last week was just a good week. The share price remained steady but, to many, the lack of activity was not encouraging. They encountered an emotional/financial position somewhere berween heaven and hell...Limbo. PSGR may very well rest in Limbo this week while investors await more information from Pershing Resources that qualifies the value of the stock. Previously released information by Pershing Resources has established the precious metal assays as very good to excellent. Investors need more information to confirm the on-going activities at both the corporate AND minesite locations. The BIG question is: When will the mine start production...NOT: Is there any gold there? The presence of gold (assay quantity) has been confirmed, someone at the Corporate level must provide a schedule for production. Once this information is provided, Limbo will have been a nice resting place for the investor who had PATIENCE. As always, do not invest what you can not afford to lose.
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