Pushing Relief Canyon to produce positive cash flow is the company’s core objective. The company expects the project to generate up to $20M in NPV on every $50 increase in gold prices. There are also plans to pursue satellite opportunities and new discoveries in the 40 square mile land position.
$PGLC / $T.PGLC Pershing Gold Corp (NASDAQ
GLC) eyes positive cash flow
http://stocknewsunion.com/pershing-gold-corp-...flow/5969/