$PSGR Monday, August 7, 2017. What happens this week? Last week ended with a stink-bomb. Share price and volume hit the manure pile and made everyone wonder why. I can speculate that someone was just playing around BUT why choose PSGR to drop $15.00 on? I do not believe that the choice was random nor do I choose to think it was a conspiracy to lower the share price and force the company to sell. The small buys have occurred in the past. Someone could be hoping for the share price to dramatically increase or someone could have hit the wrong key when placing an order. Frankly, what happened last week does not matter. Let's focus on this week. We are in the 2nd week of August and should expect information from Pershing Resources to begin to flow. Something, somewhere in Pershing Resources World must be happening. Even though this is a Penny Stock, there are many millions of shares that that help to determine the financial status and viability of the company. IF this company is to ever progress beyond a very low value Penny Stock, it must demonstrate progress in its mining abilities. At the $0.01 to $0.25/share level, there just may not be enough money flowing to get where the investors hope it will be.
I remain positive that Pershing Resources WILL release information that reflects progress towards the FINANCIALLY SUCCESSFUL production of precious metals. However, what I do NOT want to hear from Pershing Resources is that 'something' will occur 'some time' in the future. A positive attitude does have limits AND ambiguous statements that allude to indeterminate Corporate actions do not provide investors will a high level of comfort.
Summer will soon come to a close. The current LOW $0.03/share value could plunge even lower IF no information is provided by Corporate Pershing Resources. Once a POSITIVE becomes a NEGATIVE, there is NO turning back.
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