Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Pershing Gold Corporation PGLC

"Pershing Gold Corp is a gold and precious metals exploration company. It pursues exploration, development and mining opportunities primarily in Nevada. The company focuses on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Relief Canyon properties are located about 100 miles northeast of Reno, Nevada. The company seek properties with known mineralization that are in an advanced stage of exploration and have previously undergone drilling but are under-e


NDAQ:PGLC - Post by User

Post by Fullplateon Jun 14, 2017 10:55pm
35 Views
Post# 26364541

Levon Shareholder - Questions for Pershing Investors.

Levon Shareholder - Questions for Pershing Investors. I know that others here have mentioned that their connection to Pershing is through ownership of Levon. That is also the case for me, but I am also invested in this district through Rye Patch and Terraco (NSR on Waterton's Spring Valley project). I have invested in this sector a long time, and during my lcareer in corporate real estate management I dealt with several PGM and other mining companies. Yet I am not a mining expert by any stretch of the imagination. With that disclosure, I am an optimist on what I believe will be major mining development on these company's properties. Rye Patch is already producing at near commercial levels after starting the leaching a few months back. In 2018 Rye Patch should reach about the same annual production targeted by Pershing's PFS, 100,000 ounces.  Waterton is a private equity firm, so they will most likely sell to a mining company looking to combine several assets in the area. Seems to me Pershing is a likely target together with the others. I don't know enough about Pershing"s executives to know how likely a takeover might be their ultimate strategy. Has this been a topic discussed recently on this board?
<< Previous
Bullboard Posts
Next >>