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"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

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Pershing Gold Corporation > Pershing Gold Corp (NASDAQ:PGLC) is projecting initial capit

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Post by wallstreetfun on Jul 11, 2017 12:47pm

Pershing Gold Corp (NASDAQ:PGLC) is projecting initial capit

Pershing Gold Corp (NASDAQ:PGLC) is projecting initial capital expenditure of about $23.6 million. A good chunk of the amount is to be used on conveyor systems, a crusher, grade and construction of pads, and waste dump facilities. The company plans to finance initial operations with cash in hand, as it continues to explore other financing alternatives. $PGLC / $T.PGLC Pershing Gold Corp (NASDAQ:PGLC) eyes positive cash flow https://stocknewsunion.com/pershing-gold-corp-nasdaqpglc-eyes-positive-cash-flow/5969/