$PSGR From an April 2015 Press Release Steve P
Post# of 1535
(Total Views: 288)
Posted On: 05/17/2018 2:03:16 PM
$PSGR From an April 2015 Press Release
Steve Plumb, Pershing Resources' CEO, said, "These results confirm what we have known, for a while, about the Marco Project. The property is highly mineralized and is somewhat unique in its geology and ore content. We believe that the Company is on the right track and, that we can take this project to a commercial scale and be at a production ready state in the foreseeable future."
Mr. Plumb added, "Shareholders have been very patient and the Company greatly appreciates the supportive feedback we have received since beginning our new initiative. Our priorities will now center on completing our development work with Simple Recovery and CSAL, and prudent use of capital. We are pleased and encouraged by these results and look forward to continued progress in our drive to get the Marco Project into production."
Current Investors will be shocked to learn that the share price went UP after this information was released....Shocked?? Well...... NOT really!
WHAT IS INTERESTING TO NOTE is that this release was for the MARCO Claims in NEVADA. Per the release: 'WE ARE PLEASED AND ENCOURAGED BY THESE RESULTS AND LOOK FORWARD TO CONTINUED PROGRESS IN OUR DRIVE TO GET THE MARCO PROJECT INTO PRODUCTION'.
They were SO PLEASED to get it going that they have NOT mentioned any activity at the Marco Site for a long time. Interpretation for the silence???? NOTHING has occurred that defines the THEN foreseeable future. All the hype resulted in NOTHING for the investor. Oh yeah, the SHARE PRICE did go up for a short while...then, it appears, that investors realized NOTHING was happening and the share price dropped.
Which brings Investors to a 2018 Pershing Resources Press Release:
(Edited from entire Press Release) Pershing Resources' CEO Steve Plumb stated, "Combining the New Enterprise and Mohave-Standard has been our intention for some time. Our Geologic Team’s recommendations are designed to capture the potential mineral values they have observed in the field and as a result of their extensive research of the geological features in the area. We believe that the combined claim blocks hold significant potential resource value for us. We would also like to thank A & M Minerals for making data and drill core from the Mohave-Standard available to us. We are looking forward to further discovery and development on the New Enterprise and Mohave-Standard Claim Blocks in 2018."
So...the Marco Project which allegedly held great potential was put aside for the New Enterprise/Mohave-Standard claims which are being further explored!
SUMMARY. Is the primary focus of Pershing Resources production or exploration or BS?
Steve Plumb, Pershing Resources' CEO, said, "These results confirm what we have known, for a while, about the Marco Project. The property is highly mineralized and is somewhat unique in its geology and ore content. We believe that the Company is on the right track and, that we can take this project to a commercial scale and be at a production ready state in the foreseeable future."
Mr. Plumb added, "Shareholders have been very patient and the Company greatly appreciates the supportive feedback we have received since beginning our new initiative. Our priorities will now center on completing our development work with Simple Recovery and CSAL, and prudent use of capital. We are pleased and encouraged by these results and look forward to continued progress in our drive to get the Marco Project into production."
Current Investors will be shocked to learn that the share price went UP after this information was released....Shocked?? Well...... NOT really!
WHAT IS INTERESTING TO NOTE is that this release was for the MARCO Claims in NEVADA. Per the release: 'WE ARE PLEASED AND ENCOURAGED BY THESE RESULTS AND LOOK FORWARD TO CONTINUED PROGRESS IN OUR DRIVE TO GET THE MARCO PROJECT INTO PRODUCTION'.
They were SO PLEASED to get it going that they have NOT mentioned any activity at the Marco Site for a long time. Interpretation for the silence???? NOTHING has occurred that defines the THEN foreseeable future. All the hype resulted in NOTHING for the investor. Oh yeah, the SHARE PRICE did go up for a short while...then, it appears, that investors realized NOTHING was happening and the share price dropped.
Which brings Investors to a 2018 Pershing Resources Press Release:
(Edited from entire Press Release) Pershing Resources' CEO Steve Plumb stated, "Combining the New Enterprise and Mohave-Standard has been our intention for some time. Our Geologic Team’s recommendations are designed to capture the potential mineral values they have observed in the field and as a result of their extensive research of the geological features in the area. We believe that the combined claim blocks hold significant potential resource value for us. We would also like to thank A & M Minerals for making data and drill core from the Mohave-Standard available to us. We are looking forward to further discovery and development on the New Enterprise and Mohave-Standard Claim Blocks in 2018."
So...the Marco Project which allegedly held great potential was put aside for the New Enterprise/Mohave-Standard claims which are being further explored!
SUMMARY. Is the primary focus of Pershing Resources production or exploration or BS?
(0)
(0)