Pershing Gold Corp fka PGLC

[Talldude]

As.PR.goes.THIS.detailed.one.does.NOT.provide.$.pop.re-action.Drill.progs.on.the.come.just.don't!!

Experienced speculators know what this is, and why it is issued at this present time. This PR is just setting up the next dilutive round of financing EVERYONE and their dog expects to be announced in 3Q14. It is a predictable PGLC PR pattern ahead of a new financing push.

All experienced longs--whether new or trapped Reg 145 longs--are pretty sure who will be financing most of it, simply to keep his iron grip on his over 50% ownership stake in PGLC.

The public doesn't understand drill programs, let alone the disparate results they do or don't produce. It's a yawner for most the retail long holders in this stock. The experienced retail speculator DOES understand stock dilutiing, fund raising pre-announcement stuff when they read it.

Acknowledgement of interactions with BLM last week do NOT get veteran speculators excited either. Of COURSE, they are dealing with BLM. That's just one of the 3 letter agencies PGLC MUST deal with.

One couldn't help but notice, their "innovative drilling approach" was capped at 900', which is the same old nemesis of capping inferred resource prior numbers at 1000' feet (aka above the water table is the way that will be interpreted.)

And again, the last sentence pretty well says it all about the lack of PEA. This missing and long promised PEA -- which many investors who have sold out and moved on, but are keeping an eye on this company-- well everyone is looking for a PEA, along with the rest of us longs. Not this quote is:

Results of the internal economic analysis are expected to include estimates of anticipated production, cash costs and all in sustaining costs.

...that pretty much sums it up. NO PUBLISHED PEA in the foreseeable future, just kept close to the vest, INTERNAL ECONOMIC ANALYSIS.

No WONDER the quoted big seller, goldmukwah moved 50% of his shares from the B column to the S column. His FATIGUE got to him, too, finally.

Each new batch of hopefuls entering this stock based upon the latest PR cycle, a starting a fresh fatigue cycle.

As PR go, the length of this one is pretty epic "kitchen sink" PR.

It would be fun to know just what phrase sticks out in each hopeful or already positioned long in PGLC. I bet the biggest show of hands would be for the eye-popping "samples" mgmt reported on. True or False?