$PSGR The Dow Jones has been positive for the past few weeks. The other major boards are doing well. PSGR, as a Pink Stock, remains questionable. Another drop in share price without any information from Pershing Resources Corporate. One can only hope that activity is occurring at the mine site. One can only hope that, as referenced in a long ago Press Release, a Mill is being set up. One can only hope that there is a Precious Metal ore body that has value at the Arizona mine site. Unfortunately, shareholders have maintained HOPE for 20+ years. NOTHING has happened over these TWO+ DECADES that has provided a positive return to shareholders. So....the question remains: Where is the money going? Review of the Financial Statement leaves a lot to be desired. Possibilities that MAY have been considered by many shareholders MAY include: A tax write off for the majority owners, incompetence of management, no precious metals at the claims, 'technology' that is worthless, recurring difficulties in extraction (ore mining) and production, or could this be simply a long running scam? I make NO conjectures or statements that support any conclusion referenced above. As with all stock purchases, PSGR is a crap shoot...you may win or you may lose. 20+ years of ZIP, ZERO, NADA in continued share price increases or precious metals production does make one wonder why all the claims in Nevada and Arizona have produced no precious metals for sale on a continuing basis. Now, if BS had value, the Press Releases from Pershing Resources would have made this stock priceless.
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