PSGR Wednesday....Wombats, Warthogs and Weasels. MY OPINION: There are many stocks from which to choose your investments. Some are little known. Some are defined as ugly and attractive at the same time. Some are marketed as 'Get Rich Quick' opportunities but offer little to nothing to the investor. Where does PSGR fall within these groups? Pershing Resources has been around for a long time yet many investors know little to nothing about its growth plans. For the long-time PSGR investor, the stock has endured many ugly periods. The past year has seen the metamorphosis of PSGR from ugly to a very attractive investment. The continuing development of the Marcos Project (precious metals/gold) and the acquisition of another small company AND additional mining claims have provided investors with positive reinforcement of the viability of Pershing Resources. Is there a remote possibility that everything has been orchestrated to appear that the mine development and acquisitions are forward-moving? Yep, NOTHING in the Investment World is a 100% guaranty BUT Pershing Resources has continued to issue Press Releases that can and are scrutinized by the investment community. IF there is a weasel in the mine-stock grouping, PSGR has too many eyes watching to be a scam. PATIENCE. As always, investments are risky, do not invest if you can not afford the loss.
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