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  4. Pershing Resources Company Inc. (PSGR) Message Board

PSGR...Thursday, Nov 5, 2015....Just wanted to ent

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Post# of 1538
Posted On: 11/05/2015 1:21:39 PM
Posted By: Hill411
PSGR...Thursday, Nov 5, 2015....Just wanted to enter some words so that the investor/potential investor knows that someone is still breathing. MY OPINION.... Pershing Resources has provided information about its new website and Financials. I suppose the fact that in three months the investor was treated to news about nothing is significant. The investor could have gone for these three months without any information that indicates that Pershing Resources still has a pulse. I have a mental image of the 1950s and an iron lung. The only way the patient survives is with the constant monitoring of the medical staff. In today's technological world, the iron lung would not have lasted 30 days before it became obsolete. Waiting to hear which technology Pershing Resources will implement has, to me, the same effect. It seems that by the time a new alleged whamma-jamma precious metals extraction technology is set up at the Pershing Resources mill site, the technology will be old hat. For now the investor may well wish that the methods used by Pershing Resources would be the Keep It Simple, Stupid technology. IF there is truly gold at the mine/claims sites, how about transporting the ores to another WORKING MINESITE that uses existing technology to extract the precious metals? At this point in time, 30% of the value of the ore as a cash flow is much better than ZERO dollars in anticipation of an unproven technology. USE the 30% to fund the 'new' technology for a defined period of time AND LET THE INVESTOR KNOW WHAT IS HAPPENING EVERY WEEK at the test location. Funding of potentially viable research is always a positive for business growth. Funding a wishful research project that can not even produce on a small scale is a waste of investor money. DEMAND INFORMATION, the Good Time Rock & Roll Period is long over!


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