$PSGR Pershing Resources Company Inc. has expanded another
$PSGR Pershing Resources Company Inc. has expanded another one of its claims holdings. Yep, this Press Release lets investors know that there is historical documentation for the successful mining of millions of ounces for Gold & Silver on these unpatented claims.
Looking back on all of the claims (sites); why has nothing ever been mined and sold at those locations. Why have the mine sites NOT been developed? No mining production happened to all of those potential (ahem) precious metals sites at the Marcos Project in northern Nevada (near Winnemucca). No mining production has occurred in the sites near Kingman, AZ that were alleged to have potential.
Pershing Resources returned to Nevada and 'partnered' with another mining group and investors still await any information about production.
The mental image that I get when I think about all of the past years of Pershing Resources Press Releases is that of the 'Hoarder' who goes to the salvage food store and buys bent and/or outdated cans of food that are then stored in a container for later consumption. The 'Hoarder' continues to buy the questionable foodstuffs for years. The food is never eaten and eventually rots in the storage shed. Had the 'Hoarder' eaten the food when it was first purchased, it would have provided nourishment at a very good price. However, the 'Hoarder' did not care about the present, he only fantasized about the distant future and being able to retire with all of the food he had acquired.
How about Pershing Resources actually spends money on producing and selling precious metals? TWENTY PLUS YEARS of bent and out of date cans have long ago reverted to being simply garbage.
Pershing Resources Company Inc. (PSGR) Stock Research Links
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