$PSGR With acquisitions of all the (ahem) pote
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Posted On: 09/05/2018 3:04:45 PM
$PSGR
With acquisitions of all the (ahem) potentially....possibly…..hopefully valuable and productive precious metals claims throughout its existence, why has PSGR share price remained in the toilet for so long? One could reasonably believe that, AFTER TWENTY PLUS YEARS of existence and many Press Releases that suggested that something of value was possibly going to occur, the share price would have increased to a price above its current BOTTOM DWELLER level.
Of course, one would also reasonably EXPECT that AFTER TWENTY PLUS YEARS of existence, Pershing Resources would actually have produced and sold something of value AND would continue to produce something of value. The Financial Statements for the past several years continue to document losses while infrequent Press Releases note that assay results are positive and mining operations MAY occur once ALL the required paperwork is completed. Of course, Administrative and Consultant Fees & Salaries were paid (see Financial Statements). From the Marco Project claims in northwestern Nevada to the claims in/around Kingman, Arizona to the latest & greatest claims near Tonopah, Nevada investors have heard or read about the amount of precious metals that may/could be in the ground. Once the paperwork was completed, operations could possibly start.....OOPS!!!....there is that issue with finances that also must be resolved. NOT TO WORRY!! There is Blackridge Capital Investments which will fund Pershing Resources with 'up to $1 Million IF Pershing Resources simply completes some paperwork'....OOPS AGAIN....that was OVER two years ago and NOTHING has been reported by either Pershing Resources or Blackridge Capital about finalizing the deal.
NO PROBLEM!!! Investors now know that Pershing Resources will raise about $10 Million for the mining operations in Nevada near Tonopah....well, at least Pershing Resources has indicated in a Press Release that this is included within a portion of the agreement with another company in Nevada for TWO MINING CLAIMS locations that are alleged to have value. Past and Current PSGR common stock shareholders must wonder WHY Pershing Resources will raise $10 Million for the (ahem) latest and greatest mining claims when, AFTER TWENTY PLUS YEARS, Pershing Resources has not invested BIG BUCKS in the development and productive mining operation at any of its claims. MAYBE....POSSIBLY.....one could think that all of the past Press Releases about the potential value of the mining claims AND the mining activities that were to potentially occur were less than verbally portrayed.
Recommended reading for current and potential investors:
ALL PRESS RELEASES from Pershing Resources. You will have to search for the Press Releases from (approximately) 1996 until (approximately) 2014 as these have been erased from the Pershing Resources website. You WILL note the allusions to assays and the suggestion of potential value. TWENTY PLUS YEARS that have led investors to the latest and greatest claims. Follow the trail for the previous company names, e.g: XENOLIX TECHNOLOGIES, MG GOLD, etc. Also look up previous company names and company personnel names for any 'other' results.
ACTIONS AND RESULTS, NO MORE BS.
With acquisitions of all the (ahem) potentially....possibly…..hopefully valuable and productive precious metals claims throughout its existence, why has PSGR share price remained in the toilet for so long? One could reasonably believe that, AFTER TWENTY PLUS YEARS of existence and many Press Releases that suggested that something of value was possibly going to occur, the share price would have increased to a price above its current BOTTOM DWELLER level.
Of course, one would also reasonably EXPECT that AFTER TWENTY PLUS YEARS of existence, Pershing Resources would actually have produced and sold something of value AND would continue to produce something of value. The Financial Statements for the past several years continue to document losses while infrequent Press Releases note that assay results are positive and mining operations MAY occur once ALL the required paperwork is completed. Of course, Administrative and Consultant Fees & Salaries were paid (see Financial Statements). From the Marco Project claims in northwestern Nevada to the claims in/around Kingman, Arizona to the latest & greatest claims near Tonopah, Nevada investors have heard or read about the amount of precious metals that may/could be in the ground. Once the paperwork was completed, operations could possibly start.....OOPS!!!....there is that issue with finances that also must be resolved. NOT TO WORRY!! There is Blackridge Capital Investments which will fund Pershing Resources with 'up to $1 Million IF Pershing Resources simply completes some paperwork'....OOPS AGAIN....that was OVER two years ago and NOTHING has been reported by either Pershing Resources or Blackridge Capital about finalizing the deal.
NO PROBLEM!!! Investors now know that Pershing Resources will raise about $10 Million for the mining operations in Nevada near Tonopah....well, at least Pershing Resources has indicated in a Press Release that this is included within a portion of the agreement with another company in Nevada for TWO MINING CLAIMS locations that are alleged to have value. Past and Current PSGR common stock shareholders must wonder WHY Pershing Resources will raise $10 Million for the (ahem) latest and greatest mining claims when, AFTER TWENTY PLUS YEARS, Pershing Resources has not invested BIG BUCKS in the development and productive mining operation at any of its claims. MAYBE....POSSIBLY.....one could think that all of the past Press Releases about the potential value of the mining claims AND the mining activities that were to potentially occur were less than verbally portrayed.
Recommended reading for current and potential investors:
ALL PRESS RELEASES from Pershing Resources. You will have to search for the Press Releases from (approximately) 1996 until (approximately) 2014 as these have been erased from the Pershing Resources website. You WILL note the allusions to assays and the suggestion of potential value. TWENTY PLUS YEARS that have led investors to the latest and greatest claims. Follow the trail for the previous company names, e.g: XENOLIX TECHNOLOGIES, MG GOLD, etc. Also look up previous company names and company personnel names for any 'other' results.
ACTIONS AND RESULTS, NO MORE BS.
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