$PGLC Pershing Gold Corp (NASDAQ
GLC) is projecting initial capital expenditure of about $23.6 million. A good chunk of the amount is to be used on conveyor systems, a crusher, grade and construction of pads, and waste dump facilities. The company plans to finance initial operations with cash in hand, as it continues to explore other financing alternatives. $PGLC / $T.PGLC Pershing Gold Corp (NASDAQ
GLC) eyes positive cash flow
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