Replies to post #334 on Continental Resources Group, Inc.(fka CRGC)

[gzone]

Thanks Tommy, more encouraging information. g

[Tommy]

$CRGC - $PGLC - Michael Berry: When Picking Mineral Stocks, It's Management, Management, Management

http://www.theaureport.com/pub/na/14771?utm_source=delivra&utm_medium=email&utm_campaign=Final%20Gold%20streetwise-reports%2011/21/2012%2014:18:50

... "One stock I should mention is Pershing Gold, a very interesting play. Its Relief properties sit at the bottom of the Black Ridge Fault in northern Nevada. It's in that line of companies that go north to south from Terraco Gold Corp. (TEN:TSX.V) to Midway Gold Corp. (MDW:TSX.V; MDW:NYSE.MKT) to Coeur d'Alene's Rochester mine, on down to a second Coeur d'Alene mine, and then you have Pershing. It's elephant country for gold.

Pershing Gold has its own fully permitted leach pad and almost new plant. It has about a 250,000 ounce (250 Koz) resource. It's a really good opportunity now, one that people should be looking at. It's a cheap stock. Pershing spun off a company called Valor Gold Corp. (VGLD:OTCBB), and owns a significant position in Valor. Pershing Gold is a very early name, but it has huge potential.

Pershing Gold's chairman and CEO, Steve Alfers, ran the royalty business at Franco-Nevada Corp. (FNV:TSX; FNV:NYSE). He has an encyclopedic knowledge of the gold space, especially in Nevada, and has assembled a great team. I've been out to see the company's properties near Lovelock, Nevada. I think Pershing will have 700–800 Koz Indicated and Inferred gold in Q1/13, as well as an NI 43-101. Pershing Gold is definitely one to watch because it's in the right place, with the right team—and it is very cheap. Coeur d'Alene recently bought 10M shares of Pershing Gold. It's a very interesting play." ...