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Bullboard - Stock Discussion Forum 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... see more

NDAQ:PGLC - Post Discussion

Pershing Gold Corporation > "We provide upside in three different ways. One is the gold
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Post by wallstreetfun on Jun 15, 2017 11:03am

"We provide upside in three different ways. One is the gold

"We provide upside in three different ways. One is the gold price. This economic analysis was done at $1,250/oz gold, and gold is currently at $1,279. The project itself has great leverage to the gold price. Every $50 increase in the price of gold adds $20M of NPV to the project itself." 

$PGLC / T.PGLC
 
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