$PSGR Pershing NEVER Follows-Through Part II Se
Post# of 1517
See the Post #1053
https://investorshangout.com/post/view?id=4982181
Here is PART II of that post :
PERSHING WILL FAIL TO DELIVER THE "promised" NI 43-101 !
Why ? .. With the following FIVE rather "nothing REAL delivered"
exceptions, PERSHING NEVER COMPLETES REAL MINING
ASSIGNMENTS. .. Examine their record, OK ?
(1) They are always expanding their claim base . .. BFD.
(2) They are always buying equipment or small companies. .. BFD.
NO GOLD OR ANY KIND OF METAL HAS EVER BEEN PRODUCED ! ! !
Again, examine the pitiful record !
(3) They sometimes publish assay results .. BFD. . . . Since NOTHING
EVER COMES OF THE ASSAYS , I am unfavorably impressed .
Besides, it could just be a laborer, using granny's garden trowel, to fill
a five-gallon bucket -- and shipping the gravel dirt to "Assays R Us, Inc."
NOTHING, like an NI 43-101 or any damned kind of BULK SAMPLE
has ever resulted from the reported assays.
Again, examine the pitiful record :
https://www.pershingpm.com/
https://www.pershingpm.com/news-media/press-releases
https://www.pershingpm.com/news-media/press-r...?year=2015
https://www.pershingpm.com/news-media/press-r...?year=2016
https://www.pershingpm.com/news-media/press-r...?year=2017
https://www.pershingpm.com/news-media/press-r...?year=2018
(4) Pershing does produce press releases and press releases and
press releases and press releases, but never any metal of any kind.
The press releases are woefully lacking in any MINING-RELATED
SUBSTANCE ! !
(5) Pershing produces FINs, annually and likely on time. .. This keeps
the Company current. .. If memory serves, by keeping their FINs cur-
rent, the INSIDERS CAN SELL THEIR SHARES. .. Oh my !
BUT CONSIDER THIS FACT : . Pershing has never reported any sales.
OR PROFITS ! . Or having a Product of Any Kind, either. . Or Marketing
or Sales literature. .. Or INCOME.
SO HOW HARD IS IT TO PRODUCE FINs WHEN THE COMPANY(?)
HAS NO SALES, . NO INCOME, . NO REVENUE . and . NO PROFIT ? ..
Duh.
Do Not Hold Your Breath waiting for an NI 43-101 to be produced.
HISTORY SUPPORTS THIS THESIS /u]v! ! ! ! !
Until2017