$PSGR Sunday...A good day to sit back and reflect.
Investors are still in a waiting game. NOTHING seriously dramatic has occurred at Pershing Resources BUT there does appear to be light at the end of the tunnel. By 'dramatic' the definition SUBSTANCE over WORDS is used. Yes, I do believe that something WILL occur with the mining operations. No, I do not suggest that the end result of the current activities will be immediately rewarding to investors.
The CURRENT activities at the Kingman claim location may produce little in precious metals. It might be a total bust. The bottom line is that NOTHING has changed for the investor because of ONE possiblel failure. As I stated in a previous post: Pershing Resources FINALLY has the potential to SUCCESSFULLY mine ores. The ores could be precious metals, rare earth, or everyday ores that provide a profit....think COPPER, or MOLYBDENUM or LEAD. The end product WILL sell. Investors may NOT receive the results that they had HOPED for BUT, to a positive end, a product will be produced and at a profit. I am pretty certain that this is what WE had all anticipated when a share purchase was made. Many were glassy eyed over the prospects of thousands of ounces of GOLD flowing out of the mountains. Many came to realize that this was not to occur in the amounts or at the frequency that their dreams suggested.
What is YOUR bottom line on share price? Do you hope to double or triple the price you paid per share? I am fairly certain that this result is much more probable than to suddenly find that THOUSANDS of ounces or Gold or Platinum are flowing out of the mine shafts and into the open sales market.
I am also certain that long term investors will be content to make a small profit after all of these years of riding the Roller Coaster. Factoring in the MANY years of dashed hopes and dampened enthusiasm, I think that 1-1/2 to 2 times the purchase share price will make many investors happy. Anything above the 2Xs will manifest in a Cheshire Grin that could light up all the shafts/ tunnels. and trenches that Pershing Resources may excavate in the future.
I remain positive that the current activities at Pershing Resources will provide some satisfaction to long term, short term, and future investors of this Penny Stock. I also HOPE that the stock designation will change from PENNY stock to a much more positive image Stock Board.
Investors are still in a waiting game. NOTHING seriously dramatic has occurred at Pershing Resources BUT there does appear to be light at the end of the tunnel. By 'dramatic' the definition SUBSTANCE over WORDS is used. Yes, I do believe that something WILL occur with the mining operations. No, I do not suggest that the end result of the current activities will be immediately rewarding to investors.
The CURRENT activities at the Kingman claim location may produce little in precious metals. It might be a total bust. The bottom line is that NOTHING has changed for the investor because of ONE possiblel failure. As I stated in a previous post: Pershing Resources FINALLY has the potential to SUCCESSFULLY mine ores. The ores could be precious metals, rare earth, or everyday ores that provide a profit....think COPPER, or MOLYBDENUM or LEAD. The end product WILL sell. Investors may NOT receive the results that they had HOPED for BUT, to a positive end, a product will be produced and at a profit. I am pretty certain that this is what WE had all anticipated when a share purchase was made. Many were glassy eyed over the prospects of thousands of ounces of GOLD flowing out of the mountains. Many came to realize that this was not to occur in the amounts or at the frequency that their dreams suggested.
What is YOUR bottom line on share price? Do you hope to double or triple the price you paid per share? I am fairly certain that this result is much more probable than to suddenly find that THOUSANDS of ounces or Gold or Platinum are flowing out of the mine shafts and into the open sales market.
I am also certain that long term investors will be content to make a small profit after all of these years of riding the Roller Coaster. Factoring in the MANY years of dashed hopes and dampened enthusiasm, I think that 1-1/2 to 2 times the purchase share price will make many investors happy. Anything above the 2Xs will manifest in a Cheshire Grin that could light up all the shafts/ tunnels. and trenches that Pershing Resources may excavate in the future.
I remain positive that the current activities at Pershing Resources will provide some satisfaction to long term, short term, and future investors of this Penny Stock. I also HOPE that the stock designation will change from PENNY stock to a much more positive image Stock Board.
