$PSGR The Feb 11, 2020 Press Release alludes to th
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Posted On: 04/18/2020 2:16:03 PM
$PSGR The Feb 11, 2020 Press Release alludes to the lease of the Klondyke Gold & Silver Project. Pershing Resources Co, Inc now has thousands of acres of land with claims. So.....what happened to the claims in northern Nevada?
The Marco Project. Once upon a time, this location was THE HOT TO TROT mine site. 54 unpatented claims on 1115 acres near Lovelock, NV. Yep, that is the sound of crickets you hear when anything is asked about this location.
Then there is The New Enterprise Project, 231 unpatented claims on 4772 acres near Kingman, AZ. Oh yeah, there is also the Gold Lake Project of 2 claims on 40 acres also near Kingman, AZ. Investors may remember that this location was the BIG follow-up after the sound volume was turned off on the Marco Project. This one had several Press Releases that were rather encouraging; well for a brief time anyway! Investors were also fed information about new surveys and assays but that has been some time ago and NOTHING has been said about actual mining approvals, etc.
Next on the NOTHING HAS BEEN PRODUCED FOR OVER 20 YEARS MINING TRAIN is the Joint Venture with America's Gold Exploration, Inc.. Yep, 1673 acres in Nye County, NV and don't forget the Tonopah SIN Project with 20 unpatented claims on 413 acres in Esmeralda County, NV.
Which brings us to the latest corporate capture! The Klondyke Gold & Silver Project. (YAWN!!!!!). This one should provide at least two years of Thrice-yearly Press Releases to placate investors!
I seem to remember several other activities that almost happened (brief Press Release followed by NADA) that occurred in California and an (almost) JV with a company named Pele out of Reno, NV. AS ALWAYS, initially everything looked good and the number of sales for shares went up....but NOTHING productive to mining ever happened.
I will give credit to Pershing Resources Company, Inc. for acquiring thousands of acres of land with claims in Nevada and Arizona. Each acquisition was announced by a Press Release and has brought a notable increase in stock sales and a momentary increase in the PENNY STOCK value; followed by a drop in share price. This buy/lease then Press Release then upward tick in share price then downward move in share price and then, after a period of time, another Press Release of something could possibly occur, followed by share price increase is a pattern that has been consistent for TWENTY PLUS YEARS.
One can only wonder HOW a precious metals mining company/mine exploration company has remained in business for so long without producing and selling any precious metals. One must also wonder WHY a company would reman in existence for over two decades and never turn a profit yet still use the same business plan. Hell!!!! After TWENTY PLUS YEARS, what IS the REAL business plan?
The Marco Project. Once upon a time, this location was THE HOT TO TROT mine site. 54 unpatented claims on 1115 acres near Lovelock, NV. Yep, that is the sound of crickets you hear when anything is asked about this location.
Then there is The New Enterprise Project, 231 unpatented claims on 4772 acres near Kingman, AZ. Oh yeah, there is also the Gold Lake Project of 2 claims on 40 acres also near Kingman, AZ. Investors may remember that this location was the BIG follow-up after the sound volume was turned off on the Marco Project. This one had several Press Releases that were rather encouraging; well for a brief time anyway! Investors were also fed information about new surveys and assays but that has been some time ago and NOTHING has been said about actual mining approvals, etc.
Next on the NOTHING HAS BEEN PRODUCED FOR OVER 20 YEARS MINING TRAIN is the Joint Venture with America's Gold Exploration, Inc.. Yep, 1673 acres in Nye County, NV and don't forget the Tonopah SIN Project with 20 unpatented claims on 413 acres in Esmeralda County, NV.
Which brings us to the latest corporate capture! The Klondyke Gold & Silver Project. (YAWN!!!!!). This one should provide at least two years of Thrice-yearly Press Releases to placate investors!
I seem to remember several other activities that almost happened (brief Press Release followed by NADA) that occurred in California and an (almost) JV with a company named Pele out of Reno, NV. AS ALWAYS, initially everything looked good and the number of sales for shares went up....but NOTHING productive to mining ever happened.
I will give credit to Pershing Resources Company, Inc. for acquiring thousands of acres of land with claims in Nevada and Arizona. Each acquisition was announced by a Press Release and has brought a notable increase in stock sales and a momentary increase in the PENNY STOCK value; followed by a drop in share price. This buy/lease then Press Release then upward tick in share price then downward move in share price and then, after a period of time, another Press Release of something could possibly occur, followed by share price increase is a pattern that has been consistent for TWENTY PLUS YEARS.
One can only wonder HOW a precious metals mining company/mine exploration company has remained in business for so long without producing and selling any precious metals. One must also wonder WHY a company would reman in existence for over two decades and never turn a profit yet still use the same business plan. Hell!!!! After TWENTY PLUS YEARS, what IS the REAL business plan?
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