PSGR....Monday MOURNING....MY OPINION: Additional sampling and testing of ores at the Pershing Resources claims began about 2 weeks ago. Per the News Release, assay results would require up to 90 days to be posted. During this period, one can rightfully expect other activities to occur. The investor is left with a feeling of anticipation that the assay results will prove to be the final disposition for the properties. If the ore assays are positive, the investor can sit back and smile at the money spent to buy shares. If the ore assays are negative, the investor can lament the money lost. While everyone waits for the assay results, what else is occurring with Pershing Resources? The company profile notes that its plan is to acquire mining sites that have historical locations that are close to other productive mines. Although it is understood that Pershing can not release immediate plans to acquire dpecific ptoperties/claims, is the company philosophy still intact? Can the investor rest assured that IF the current claims are not as attractive as every hopes, there are other potential claims in the offing? To me, mining is not unlike oil wild catters, sometimes you hit it big and sometimes you hit a dry hole. I would like to see a bit more transparency with Pershing Resources. The oil driller is out in the open and the investor can count the number of 'sticks' that are put down the hole when drilling occurs. There is a finite depth that will be reached to determine success. The ore sampling at the Pershing claims must have a defined end. Either the precious metals are there or anothef location must be located. I remain confident that Pershing Resources has viable deposits of precious metals, but the duration of testing on the Marcos claims has taken much longer than I believe is necessary. PATIENCE
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