Home > Boards > US OTC > Mining/Resources >

Pershing Gold Corp (PGLC)

Add PGLC Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator Talldude
Search This Board:
Last Post: 4/10/2014 9:41:33 AM - Followers: 91 - Board type: Free - Posts Today: 0


(Formerly Sagebrush Gold, Ltd.) 

Pershing Gold Corporation (PGLC) is pursuing a path to put the Relief Canyon Mine back into production during calendar year 201   5   
They are focused on an under-explored part of Nevada - Pershing County and nearby Lander County
All projects have had extensive geological analysis done on them,
and gold targets are identified and ready to drill. 

In order to achieve our objectives, we are currently:

Drilling at Relief Canyon to confirm, expand, and upgrade the gold resource in order to resume mining,

Our Chief Geologist is highly experienced in Nevada gold exploration and mining, having worked in senior roles with
Cameco Gold Corp, Cyprus Metals Exploration, Hecla Mining, Gold Fields Mining, and Callahan Mining Company.
He has been the lead geologist on several significant gold discoveries during his exploration activities,
and is directly and indirectly responsible for the discovery of over ten million ounces of gold in Nevada.
Our team has participated in exploration and mining activities with projects in gold, silver, copper, molybdenum, nickel, and tungsten to name a few.

Relief Canyon Mine Project

The Relief Canyon property is located at the southern end of the Humboldt Range in northwestern Nevada, about 16 miles in a direct
line east-northeast of Lovelock in Pershing County and about 110 miles northeast of Reno, Nevada. The property consists of both millsite claims and lode mining claims. Five heap leach pads, two solution ponds and a cement block constructed Adsorption- Desorption- Recovery (ADR) solution processing circuit are located on the mill site claims. The ADR type process plant consists of four carbon columns, acid wash system, stripping vessel, electrolytic cells, a furnace and a retort for the production of gold doré. The building was originally installed by Pegasus, updated in 1995 and has been completely updated and new equipment installed in 2007-2008.Pershing Gold and its consultants believe that project geology and historic evidence point to significant potential to grow the resource. Pershing Gold believes that Relief Canyon provides the Company with dual opportunities consisting of excellent exploration targets in under-explored areas of the property and continuation of the prior work. Subject to required federal and state permitting and bonding requirements, the Company plans to commence an aggressive exploration program with the intention of growing the resource at Relief Canyon.


Authorized Shares (AS) = 500,000,000 shares
Outstanding Shares (OS) = 273,292,023  [as of 10.24.2013]  (O/S shares  includes 88,595,215 Shares INCLUDING CRGC conversion to PGLC completed 3.1.2013 )
Restricted Shares = 50,000,000 Authorized

FULLY DILUTED: roughly 100,000,000 higher, including:
Warrants to Purchase Shares of Common Stk = 16,255,779 [as of 2.5.2013]
Options to purchase 35,298,000 shares of common stock  [as of 2.5.2013]
and additional warrants and options as of closed Units Offering Sept 2013 primarily purchased by director Barry Honig

Management Team

Stephen Alfers - Chairman and Chief Executive Officer

Mr. Alfers served as the President and Chief of U.S. Operations of Franco-Nevada Corporation from 2010 to 2011 and its Vice President (Legal) from 2007 to 2009. Mr. Alfers served as President of Franco-Nevada US Corporation, the wholly owned subsidiary of  Franco-Nevada Corporation, from 2010 to 2011.

Mr. Alfers served
as the President and Chief Executive Officer of NewWest Gold Corporation, a publicly-traded Canadian corporation listed on the Toronto Stock Exchange, from 2006 to 2007. Mr. Alfers also served on the Board of Directors of NewWest Gold Corporation from 2005 to 2007. Mr. Alfers served as President and Chief Executive Officer of the NewWest Resources Group from 2001 to 2005 and President and Chief Executive Officer of NewWest Gold Corporation, a privately held Delaware Corporation, from 2005 to 2006.

Mr. Alfers was the
founder and managing partner of Alfers & Carver LLC from 1995 to 2001, a boutique natural resources law firm.

Mr. Alfers received a Juris Doctor
from the University of Virginia, an M.A. in Monetary Policy and Public Finance from the University of Denver, and a B.A. in Economics from the University of Denver.

Mr. Alfers was chosen to be a director of
the Company based on his extensive mining resource and business experience. Mr. Alfers has also been the President of Alfers Mining Consulting since 2007.


Pershing Gold, Corporation                                 
1658 Cole BLVD  BLDG. 6 STE 210
Lakewood, Colorado 80401-3304

Telephone: (877) 705-9357
also: (720) 974-7248


Facsimile: (303) 839-5907



Email Mindy Jo:
Telephone: 877-705-9357  USA MOUNTAIN TIME ZONEGMT -8 HRS

Daily View


Weekly View



#1680  Sticky Note 900# Gorilla (TD Ameritrade)'s weighed in re:CRGC-->PGLC shares Talldude 05/13/13 12:53:11 PM
#2369   Two seller sets, truthfully. 1) Those wishing to Talldude 04/10/14 09:41:33 AM
#2368   The real question is who is doing the Blindsquirrel 04/09/14 09:28:31 PM
#2367's Talldude 04/09/14 07:21:35 PM
#2366   Stockmule, I would sincerely doubt PGLC is funding Talldude 04/08/14 08:12:29 AM
#2365   500K more purchased at .39 by Honig. Wonder stockmule 04/07/14 10:45:31 AM
#2364   Forecasting the aftermath of a Rev Split, often Talldude 04/04/14 05:13:01 PM
#2363   Thanks Talldude. Hard to read how this will gzone 04/04/14 02:48:26 PM
#2362 As filed with the Securities and Exchange Talldude 04/03/14 12:45:47 PM
#2361   Word's.out--some.shr/hldrs.rec' Talldude 04/02/14 04:59:09 PM
#2360   Running some basic valuation numbers only causes me Gaintrader 04/01/14 11:04:20 PM
#2359   Agreed. $700 an ounce for a .65 Blindsquirrel 04/01/14 09:13:59 PM
#2358   That's funny... BTW, do you even understand the Gaintrader 04/01/14 06:44:38 PM
#2357   Link please. Blindsquirrel 04/01/14 02:55:10 PM
#2356   All in cost is $700 per ounce Steuvin 04/01/14 01:35:53 PM
#2355   Another 850,000 shares purchased. Form 4 just hit! rtraster 04/01/14 01:03:26 PM
#2354   More insider buying! Forms 13 and 4 rtraster 04/01/14 12:17:22 PM
#2353   A very fair question. A PEA if/when produced, Gaintrader 04/01/14 10:08:40 AM
#2352   Does anyone know their all in cost per Blindsquirrel 03/31/14 11:36:29 AM
#2351   Do these new estimates mean the price a tyfoidhana 03/31/14 09:14:29 AM
#2350   I'm beginning to think that these guys don't Beardo68 03/28/14 06:00:35 PM
#2348   Would have replied sooner but I reached my vree 03/28/14 12:36:40 AM
#2347   I don't pay attention enough to the daily RallyTheMarket 03/27/14 10:53:13 PM
#2346   Vree, I agree with your decision to move Mad Moose 03/27/14 04:36:05 PM
#2343   Lots of excitement for very little action here. RallyTheMarket 03/26/14 12:18:50 PM
#2342   Yes and their bellies keep getting bigger and vree 03/26/14 12:08:14 PM
#2341!! MY not B4 2016 prediction (post Talldude 03/26/14 10:27:19 AM
#2340   Read my post on 2/ 13 / 14. You vree 03/24/14 08:38:23 PM
#2339   Good Q, Beardo,but no crystal ball re: 50c area Talldude 03/12/14 09:23:27 PM
#2338   I bought in as an investment and I Beardo68 03/12/14 05:45:08 PM
#2337   Seeking Alpha Sued by Billionaire Investor Talldude 03/11/14 01:45:40 PM
#2336   Welcome to our little corner of..... LOL I'd Talldude 03/10/14 06:34:34 PM
#2334   Talldude, you seem to know a lot, what's Beardo68 03/10/14 05:20:38 PM
#2333   Anyone got any news on production date, is Beardo68 03/10/14 05:09:01 PM
#2332   Yes, PGLC ended up in the green today gzone 03/05/14 11:29:19 PM
#2331   I do like the look a that cross tyfoidhana 03/05/14 07:39:47 PM
#2330   I just noticed we have a Golden Cross gzone 03/05/14 02:26:28 PM
#2328   Everybody on board for the financial engineering du Talldude 02/24/14 07:35:31 AM
#2327   S1 is out. Filed 2.20.2014(Thursday) Talldude 02/21/14 12:13:22 AM
#2326   this will be at least a good trade abc1938 02/17/14 11:57:51 AM
#2325   frost is involved. he wont let it fall abc1938 02/17/14 11:55:42 AM
#2324   looks very cheap now abc1938 02/17/14 11:54:08 AM
#2323   plan on buying shares on Monday, Gold is abc1938 02/17/14 11:53:13 AM
#2320"pharma" Talldude 02/16/14 09:15:13 PM
#2319   PGLC:"homey g" glad to see you are still gzone 02/16/14 11:31:44 AM
#2318   Exactly SilentSniper 02/16/14 09:14:17 AM
#2317   If he locks down the float, he can BullRaid 02/15/14 07:37:39 PM
#2316   Insiders buying up the float? Every week there BullRaid 02/15/14 06:46:34 PM
#2315   boom we go!! Roy London 02/14/14 04:25:44 AM
#2314   Hey Steuvin, sure looks like something is under gzone 02/13/14 09:57:12 PM
#2313   This is my idea of goin in the tyfoidhana 02/13/14 09:47:33 PM