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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To: IngotWeTrust who wrote (30)	6/26/2013 7:06:52 PM
From: tsigprofit	of 66

PGLC - I looked up a past article, and they mention their cost of production to be in the $ 800-900 range, once they get going. Anyone have anymore info on this? I heard today that some analysts see gold going to $ 1200 (not far now), or as low as $ 1000, which would still be above the projection of Pershing's costs from this article. Any other info or comments? It would seem that the company could eventually be a acquisition target also, from the article. I own PGLC, and may add more if we see gold drop to $ 1200 and below... I also own GDXJ after the big drop. Both of these are hurting, for now, obviously :) Article on SA earlier last week: seekingalpha.com

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