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Gold/Mining/Energy : PERSHING GOLD...PGLC

PGLC 1.120

+3.7%

Apr 3 5:00 PM EST

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From: IngotWeTrust	3/2/2013 10:01:40 PM
	of 66

Monday 3.4.2013 may be the continuation of the current "rough patch/selling downslope"....76MILLION already issued and accounted for PGLC shares in the hands of (now former) CRGC (delisted as expected) 3.1.2013, Friday after Market closed as per P.R., are supposed to be available for FORMER CRGC shareholders, in their brokerage accounts on Monday 3.4.2013 CRGC closed at 35c. PGLC equivalent would be 44c, which is shock shock where PGLC closed on Friday. The $76,000 Question (to turn a phrase) is just how many will be selling? and if this will be a "selling capitulation" to buy into. Charts and French Curves at the ready, traders! Postle' Associates--PEA is still on the come for release in 1Q13, so that's only a mere 22 trading days before that's released. Many are looking for the first solid indication of rumored 3:1 Ag:Au oz resource calcs to be addressed in this anticipated P.A. I suspect the PEA will be used to create a debt financing for 2013 drill program. Still burning cash to tune of $750K/mo. I've got dry powder. Still like the story, the management. Still believe they'll be producing 50K/oz during 2014. Negs: not a tight share structure at 255mil + Cut-off grades on 3% of prop pkg still an "unstellar" .0017 Au cut-off.

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