$PSGR June 25, 2018 Share Price at $0.0209. Th
Post# of 1517
The June 20th Press Release does not appear to have stimulated an avalanche of buying. Why??? Well, my best guess is that investors, both current and potential, have either tired of the BS or have CHOSEN to forget about this company.
1) Tired of the BS. Yep, TWENTY PLUS YEARS of nothing but BS will do that to an individual. Share holders may review the stock every so often but at $0.02/share, there is NOTHING to be excited about.
2) CHOSEN to forget about this company. No doubt. Like forgetting about a bad Ex, one should not sit around and grieve about a stock that has never done anything that was promised/suggested. Choosing to hold on to something that has never returned one's investment is a BAD idea. Much better to move on and forget.
Yeah, there will be some new blood that gets injected into the Pershing Resources veins. The attitude of the New Blood may be quite different than the investors from 2 decades past. OLD investors were much more patient; today's investors will buy a new electronic device as soon as it comes out and drop the old one. Either it works to make their lives easier or the New Blood dumps the old device and forgets about it when the new widget is functioning. IF I am correct in my thoughts about New Blood QUICKLY losing interest, the future of Share Price GROWTH will rest solely on Pershing Resources PRODUCING RESULTS in the shortest time period possible. NOT in a year or two...NOT a promise of 'something will happen shortly'.....not an 'addition of knowledgeable personnel'.....and certainly not 'an acquisition of more claims to increase the value of the company'...all these BS lines have become cliché for investors. SOMETHING REAL must occur by the End of Summer or IN MY OPINION this company will go from comatose to flat line. The patience of LONG TIME shareholders has gone out the door. The patience of the new share buyers will be tested quickly IF nothing productive occurs.
IF shareholders wanted to listen to BS they could have invested in a cheap BAD talking book that promised immediate wealth for just $29.95 IF they acted quickly. Investors have less patience now and are much smarter. IF something does not pass the Smell Test, it is dumped in the garbage can. Has Pershing Resources gone rancid?