PERSHING GOLD...PGLC Message Board

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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	4/25/2013 1:12:28 PM
	1 Recommendation of 66

Pershing is bumping along the 200 day moving average it would appear based upon review of price chart. The thing that is troubling is that all little burps higher are on low volume. That is not an encouraging sign. Patient longs are awaiting the previously indicated internally calculated PEA release which has been expected since sometime in March. It is my suspicion that the downdraft in the price of gold has affected the earlier planned time release of said PEA. Doesn't mean it wasn't conducted, calculated, and completed. Just means the delay of its press release is the current status. There are shareholders on other forums who are protesting in public and claiming they have made their voices heard at Pershing Gold about the unexpectedly difficult task of getting their converted shares into their trading accounts, restoring liquidity and flexibility options. That appears to yet be resolved in favor of the distressed shareholders caught up in this situation. No new news on drilling program funding for 2013 that I'm aware of, either. Nor the much anticipated AMEX listing currently on the pre-announced management discussions brought to the fore by some one, I don't remember who.

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