$PSGR Is Pershing Resources strangling itself by not releasing information on a weekly basis? The old saying "If you have nothing good to say about someone/something, don't say anything at all". may be the reason for the silence and lack of real information from Pershing Resources.
The share price has barely moved in the past several years. The alleged activities at, first, the Marco Project in Nevada and now the New Enterprise-Standard Project near Kingman, AZ have yet to produce anything but words in Press Releases. Investors hear about 'something' that is going to occur, yet NEVER does. All the hoopla about Nevada seems to have been a bunch of worthless words, BS, if you will! Once upon a time, construction of a working mine was alleged to begin at the Nevada site(s). Nope.....nothing has started. That was 2 or so years in the past. I guess all the shares that were purchased in anticipation of the mine start-up went to better 'things'. What 'things' share holders will never truly know. Share holders appear to be looking at the same scenario in Arizona: Over a period of time, a carefully constructed release of information that suggests that 'something' that may have value, may occur in the Claims site(s) of Pershing Resources near Kingman, AZ. Following the same method of introducing its Arizona claims as it did for its Nevada claims, Pershing Resources continues to present alleged results from assays and the latest 'survey' of the site(s) that suggests that 'something' of value may exist but first there is a matter of finances and permits and several other time consuming activities that will continue to prevent the actual development of a PRODUCTIVE and PROFITABLE mine.
The share price remains low. Pershing Resources appears to have nothing nice to say. 'Nice' as in: "We have the finances, the equipment, the labor, the permits, large quantities of Gold ores in the ground, and customers who are committed to buy XXX amounts of the Gold." Maybe all Pershing Resources has is silence because it truly has nothing nice to say.
The share price has barely moved in the past several years. The alleged activities at, first, the Marco Project in Nevada and now the New Enterprise-Standard Project near Kingman, AZ have yet to produce anything but words in Press Releases. Investors hear about 'something' that is going to occur, yet NEVER does. All the hoopla about Nevada seems to have been a bunch of worthless words, BS, if you will! Once upon a time, construction of a working mine was alleged to begin at the Nevada site(s). Nope.....nothing has started. That was 2 or so years in the past. I guess all the shares that were purchased in anticipation of the mine start-up went to better 'things'. What 'things' share holders will never truly know. Share holders appear to be looking at the same scenario in Arizona: Over a period of time, a carefully constructed release of information that suggests that 'something' that may have value, may occur in the Claims site(s) of Pershing Resources near Kingman, AZ. Following the same method of introducing its Arizona claims as it did for its Nevada claims, Pershing Resources continues to present alleged results from assays and the latest 'survey' of the site(s) that suggests that 'something' of value may exist but first there is a matter of finances and permits and several other time consuming activities that will continue to prevent the actual development of a PRODUCTIVE and PROFITABLE mine.
The share price remains low. Pershing Resources appears to have nothing nice to say. 'Nice' as in: "We have the finances, the equipment, the labor, the permits, large quantities of Gold ores in the ground, and customers who are committed to buy XXX amounts of the Gold." Maybe all Pershing Resources has is silence because it truly has nothing nice to say.
