$PSGR The longer it takes for Corporate Pershing R
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Posted On: 01/23/2018 5:06:34 PM
$PSGR The longer it takes for Corporate Pershing Resources to issue a Press Release, the more difficult it will be for any investor to believe the contents of the Press Release.
One has to believe that Pershing Resources requires money to develop any claims/mine sites that it has indicated someday will be opened. The continued silence of Pershing Resources appears to lend credence to the frustrations of many investors that PSGR stock is not a wise investment. The share price of PSGR would have to rise exponentially for some long term investors to break even. At $0.02/share, investors do not see any Return on Investment in the near future. Why? Well, frankly, IF Corporate Pershing Resources does not care enough about the share price to keep investors informed about company activities, why should investors believe that anything WILL OCCUR that will provide them with a Return on THEIR Investment? A simple fact: Companies advertise their products or services in order to get buyer interest AND a return on THE COMPANY'S investment(s). A Press Release serves as the Weekly Store Ad for Pershing Resources. Since investors do NOT see a Pershing Resources weekly ad, investors can only presume that nothing will happen any time soon.
If Pershing Resources wants to develop the mines AND produce a product (Precious Metals...GOLD???) then it behooves the company to raise money. Money can be raised through STOCK SALES or PARTNERING with another company or companies or money through CAPITAL INVESTMENT FIRMS (at what cost????!!!!). So far, NONE of these avenues have been referenced in the past several months.
I continue to profess that I am POSITIVE that PSGR is a PENNY STOCK.
One has to believe that Pershing Resources requires money to develop any claims/mine sites that it has indicated someday will be opened. The continued silence of Pershing Resources appears to lend credence to the frustrations of many investors that PSGR stock is not a wise investment. The share price of PSGR would have to rise exponentially for some long term investors to break even. At $0.02/share, investors do not see any Return on Investment in the near future. Why? Well, frankly, IF Corporate Pershing Resources does not care enough about the share price to keep investors informed about company activities, why should investors believe that anything WILL OCCUR that will provide them with a Return on THEIR Investment? A simple fact: Companies advertise their products or services in order to get buyer interest AND a return on THE COMPANY'S investment(s). A Press Release serves as the Weekly Store Ad for Pershing Resources. Since investors do NOT see a Pershing Resources weekly ad, investors can only presume that nothing will happen any time soon.
If Pershing Resources wants to develop the mines AND produce a product (Precious Metals...GOLD???) then it behooves the company to raise money. Money can be raised through STOCK SALES or PARTNERING with another company or companies or money through CAPITAL INVESTMENT FIRMS (at what cost????!!!!). So far, NONE of these avenues have been referenced in the past several months.
I continue to profess that I am POSITIVE that PSGR is a PENNY STOCK.
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