Pershing Gold Corp fka PGLC

[someconcerns]

Bif, When the actual mining will start? Probably after they do the PEA, which will follow cleaning up all these data. Assuming they are also waiting to see which way the price of gold will break. No sense mining if it's not going to be really profitable. Hence, if gold goes back to $1400 it will happen, no doubt.

Alternate scenario is that a really rosy PEA, even at $1200 gold, will see them begin to start up the heap leach facility with whatever minimal investment is required and begin production slowly. That should goose the pps upward.

After all, neither Honing nor Frost are doing this to lose money. They may prefer to bulk up proven and estimated reserves and sell to a larger player, rather than actually begin to mine and refine gold here.

BWDIK?