IMHO; Gold will drop some more into the Summer, but will rebound come Fall/Winter....Just as Pershing starts Production.
During the Summer & Fall, they will be preparing the permits needed, the Mine, the Production Facility, etc-etc..This is a First Class experienced Team that will get the $$$ needed & Production will start on schedule.
GO PERSHING GOLD GO
PS...Good Luck to all Longs
Robtee; You are still around. If you remember, I posted that I had a sell in @ $3.36. #3.35 was the high & I ended up losing 20K on this stock. I only hope that the Class Action Law Suit continues to move forward & we get some small amount back...that is if Gen-Vec doesn't go broke first.
I have since bought 30K Shares in an up & coming Junior Gold Mining Stock, Pershing Gold, (PGLC) who starts Production in about 6-8 Months. I'm up over 2K so far. All the best to you.
It still should have been put out to the Shareholders in the form of "Press Release". JMHO.....
When they hired "RPA", It was put out as a "Press Release" on October 10, 2012. Why then, wasn't this Final Report which seems Positive put out as a PR, instead of posting it under (Technical Report) below Heading of "Relief Canyon", almost a Month ago.
A must read for all PGLC Shareholders. Go to Pershing Gold Web Site & click on to (Relief Canyon) & read the Technical Report on Relief Canyon dated April 12, 2013. A lot of Updated information concerning possible future GOLD/SILVER in "them Thar Hills". I think the company is following their suggestions & are doing more testing before they start serious production in 6 to 8 Months. PR will be posted soon with updated information from CEO.
What did most of us Longs say this time last year & into the Summer/Fall. we were in, until Production started early next year. That's what I said, so I will sit quietly & wait for upcoming NEWS. Either Pershing Gold will be bought by another larger company or Production will start in about 6/7 months. In either case, I see the Share Price going over $1.00+. GLTA LONGS.
50K Shares Traded at .43c....GO PERSHING GOLD GO
Too much long term demand for the Gold Metal. I got in at .336 & the PPS may come down to that level, but I believe the Long Term Outlook for "Pershing Gold" is Positive with a "Gold Ounce Price" of $1200 & Higher. I'm Holding until Production starts is 8 Months or so.
Should be released before end of March, Q-1, and lets hope for very positive News. If we get better then expected News, the PPS should increase. This will not be a boring year for Pershing Gold. Lots of Positive news will be released concerning possible Listing on AMEX, new Core Drill Results, Permits Issued, Production Facility Readied for early 2014 ,(getting this Show on the Road) and the first GOLD/SILVER findings by this time next year, or sooner. I predict we will be looking at a PPS of $1.00+ at the end of Q-1, 2014.
Passport Potash Inc. Announces the dismissal of lawsuit and Acquisition of Exploration Permits.
GO "PPRTF" and "PGLC" GO.
Two very promising companies. Wonder where their PPS will be a year from now....
Passport Potash Announces the Dismissal of Lawsuit and Acquisition of Exploration Permits.
GO Passport Potash GO
Is there an Expert in the house that can tell us how positive this news is? Looks very Positive to me. We will find out today/thisweek on Volume & PPS Move.
GO PPRTF GO