Pershing Gold Corp fka PGLC

[ThSeeker]

Another way to look at potential catalyst for price increase is the fact that the value of oz of reserves is much greater than when they are only resources. The coming PEA will allow some of our resources to be converted to reserves and that could give PGLC a substantial value increase and therefore the stock PPS will increase as market rewards this. Expecting the PEA sometime this quarter. Buying now should be very good timing.

Mineral deposits can be classified as:
Mineral resources that are potentially valuable, and for which reasonable prospects exist for eventual economic extraction.
Mineral reserves or Ore reserves that are valuable and legally and economically and technically feasible to extract