$PSGR Back home after a week in Southern Californi
Post# of 1517
Investors must be still be curious about the 'up to ONE MILLION DOLLARS' that was going to be invested by Blackridge...has anyone called Blackridge to inquire about the status? About TWO YEARS have passed since the Pershing Resources Press Release. Why no follow up???? Oh yeah....everyone must be awaiting the TEN MILLION DOLLARS that will be divided between the two new properties in Nevada!!!!
Investors have read about the alleged ELEVEN MILLION DOLLARS that (ahem) are to be used to develop the claims/mines in Arizona and Nevada.....sometime in the future, of course. Investors must wonder when and how the BIG BUCKS will be spent. One could posit that the BIG BUCKS will be spent on confirming that there are precious metals in the ground....LOTS of precious metals. After all, the cost for equipment and mine employees....not to mention SALARIES to EXECUTIVE MEMBERS of Pershing Resources who oversee the operations, would quickly eat up MILLIONS of DOLLARS. With mining operations in Nevada (near Tonopah) and the Arizona location (near Kingman), logistics will require a lot of travel and expenses for the Executive Overseers who (snicker) closely monitor the development of the mines. The current GOLD price of approximately $1,200.00/ounce must mean that the BIG BOYS at Pershing Resource believe that there are at least 9,167 ounces of GOLD in Them Thar Hills...just to break even on the ELEVEN MILLION DOLLARS. That's a lot of GOLD!!!!! Over the past TWENTY PLUS YEARS of its existence, HOW MANY OUNCES OF GOLD has Pershing Resources produced???? This will surely be a REMARKABLE TURNAROUND in production...ZERO TO OVER 9,000 in the next couple of years......or is it decades????.....or centuries????? Well, investors will surely find out the answer to this production question after Pershing Resources conducts its field studies, surveys, assays, reviews and then reviews the reviews to determine whether additional field studies, surveys, assays, and reviews are necessary to determine whether start-up and production ever takes place. Yawn!!!!!...investors have been there, done that.
ACTIONS AND RESULTS NO MORE BS!!!!!!!