Pershing Gold Corp fka PGLC

[Beardo68]

I'm beginning to think that these guys don't want to get this mine into production and run a going concern. They want to prime the company and sell out at the highest peak possible and take maximum profits from the shares.

To do this they need the price of gold to be at a peak, then the positive news will come and production plans put in place. At this point the real minors will swallow up PGLC and add it to their portfolio.

Of course there should be an healthy profit in it for everyone, however not the long tern investment profits some might think. Will it be worth it? And how long will we need to wait.

When the price of gold was $15-1600 plus mid part of 2013 it seemed to be full steam ahead. This wont move until the price of gold does. Will it be worth it?

Only my opinion of course.