$PSGR Having read the ENTIRE Press Release and its
Post# of 1517
(Total Views: 339)
Posted On: 11/27/2018 8:00:25 PM
$PSGR Having read the ENTIRE Press Release and its links, I am left with a repetitious voice in my head. The voice's words are very apropos for the latest Press Release & links:
If you can't dazzle them with brilliance, baffle them with BS!
Summarizing the 100 plus pages: 1) Yes there were assays in the past that indicated that there was a little gold/precious metals on the property; we need further studies to determine how much gold/precious metals are actually there 2) Yes there are other minerals on the property....somewhere. We just don't know how much or where; we need further studies to determine the quantities of what is there and where 3) The assays are sort of reliable but we can not 100% vouch for the accuracy of everything because we have to rely on what others are alleged to have found. We will have to conduct additional studies to confirm the existence or non-existence of precious metals and/or minerals in the various prior assays 4) If further actions that confirm the value of the precious metals and minerals on the claims are desired, additional studies are recommended.
The entire Press Release and links took about an hour to read through and then presented a conclusion that was announced and acknowledged several months ago: There were to be STUDIES made to determine if further action was to be taken at the CLAIM(s) SITES; once the studies were completed there would be a determination to go forward with more STUDIES (aerial mapping, etc.) and then to study the results of the STUDIES to determine IF the work would continue.
OK, to keep from wasting more of the reader's time, a while back Pershing Resources provided a target date of about five years into the future...around 2023 for 'something' to happen after all of the studies of the studies of the studies of the studies. Those who have read the past year's few Press Release knew that assays had occurred over the life of the claims/mine sites. Additionally, it was already announced that STUDIES were to be conducted and a determination was to be made. The current Press Release and links appear to be yet another tactic to pacify investors and create interest for new/potential investors.
To know what to expect from anyone or anything, READ THE HISTORY...FOLLOW THE TRAIL!!!! DUE DILIGENCE!
ACTIONS AND RESULTS!!! NO MORE BS!!!
If you can't dazzle them with brilliance, baffle them with BS!
Summarizing the 100 plus pages: 1) Yes there were assays in the past that indicated that there was a little gold/precious metals on the property; we need further studies to determine how much gold/precious metals are actually there 2) Yes there are other minerals on the property....somewhere. We just don't know how much or where; we need further studies to determine the quantities of what is there and where 3) The assays are sort of reliable but we can not 100% vouch for the accuracy of everything because we have to rely on what others are alleged to have found. We will have to conduct additional studies to confirm the existence or non-existence of precious metals and/or minerals in the various prior assays 4) If further actions that confirm the value of the precious metals and minerals on the claims are desired, additional studies are recommended.
The entire Press Release and links took about an hour to read through and then presented a conclusion that was announced and acknowledged several months ago: There were to be STUDIES made to determine if further action was to be taken at the CLAIM(s) SITES; once the studies were completed there would be a determination to go forward with more STUDIES (aerial mapping, etc.) and then to study the results of the STUDIES to determine IF the work would continue.
OK, to keep from wasting more of the reader's time, a while back Pershing Resources provided a target date of about five years into the future...around 2023 for 'something' to happen after all of the studies of the studies of the studies of the studies. Those who have read the past year's few Press Release knew that assays had occurred over the life of the claims/mine sites. Additionally, it was already announced that STUDIES were to be conducted and a determination was to be made. The current Press Release and links appear to be yet another tactic to pacify investors and create interest for new/potential investors.
To know what to expect from anyone or anything, READ THE HISTORY...FOLLOW THE TRAIL!!!! DUE DILIGENCE!
ACTIONS AND RESULTS!!! NO MORE BS!!!
(0)
(0)Pershing Resources Company Inc. (PSGR) Stock Research Links
Scroll down for more posts ▼