$PSGR In the past, I have posted that I believed share
$PSGR In the past, I have posted that I believed share price and volume would go up after positive Press Releases from Pershing Resources. In most cases I was WRONG!!! Yes, there were times when the share price and volume did increase BUT then both tumbled back to a lower number.
The Pershing Resources' Oct 3rd Press Release included everything that should have spurred individuals to open their wallets and caused a brief flurry of activity. Nope. Looks like 500 shares and 1/2 cent increase in share price. The World is not trembling from the excitement! Hell, my dog gets more excited when he thinks he will get a small piece of cheese tossed his way.
I had anticipated a bump of at least 1-1/2 cents per share AND a TOTAL WEEKLY volume approaching 50K. Fortunately, I kept this thought to myself and did not post it. I do not particularly like being WRONG every time I think there will be an increase in share price and volume. Maybe today there will be a teeny tiny, itsy bitsy change in price and volume BUT there is no way that I will suggest that anything will happen!!! OK, I remain HOPEFUL and POSITIVE that something will happen that will put a smile on everyone's face.
Once again, this has been a strange week for Pershing Resources shareholders. Next week may bring some surprises. Maybe the hope for these surprises is what keeps some of us going. I look at the results for the ASSAYS and see great possibilities for future profit. I look at the current share price and wonder why it remains so low. I also look at the number of years that I have remained a shareholder of this company. I do remain POSITIVE. The recent activity at the Kingman location is very encouraging. I am hopeful that FINANCING has been arranged to fully develop the mine AND start producing a profitable product: PRECIOUS METALS, specifically GOLD.
I no longer feel as if I am on a roller coaster ride with this PENNY STOCK. I feel as if I am paddling a canoe on a river. In the distance I hear a roaring loud noise. For now, I do not know if the noise is a Water Fall or the CHEERS of fishermen who are catching so many fish that their boats are completely full. For now, I am going with the fishing thought.
Pershing Resources Company Inc. (PSGR) Stock Research Links
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