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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 > The SEC charges may be about old news & former shareholders
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Post by BillSmith9 on Sep 08, 2018 8:12am

The SEC charges may be about old news & former shareholders

Do your own checking.  The press release identifies Phillip Frost and Barry Honig as "majority investors".  I am not sure either or both are still involved at all.  I think the activity referred to was 2-3 years ago, maybe longer, but at that time it was reason enough for me to move on.  I have no investment in PGLC, and plan none.

I would expect management to address this very promptly.  If the named parties have no involvement and have been gone for a while, it may be an opportunity to buy a dip.  On the other hand...
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