Reserves? Not this quarter. I was hopeful that the coming NI 43-101 would have some RESERVES declared not just RESOURCES based on comment in PGLC interview. So I asked HR to confirm and sadly the answer is no. Not yet.
Here is the official response:
We plan to release a new NI 43-101 resource estimate this quarter. Reserves could require as much as full feasibility study, so we will not have ounces in the reserves category for a little while still.
Best regards,
Jack Perkins, MBA
Vice President, Investor Relations
Pershing Gold Corporation
720-974-7254
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.