Replies to post #1134 on Pershing Gold Corp fka PGLC

[potandgold]

I just got off the phone with CEO, Stephen Alfers. Today's press release substantially de-risks the Relief Canyon Mine. I walked through the details with him, everything that Alfers promised is coming to fruition. A great story here.

A quick note, the Measured + Indicated + Inferred resource, which is what the company looks at, came in at 654k ounces. Alfers explained to me the calculation as 32+ mm tons of mineralized material times the average grade of 0.017 ounces per ton + the 101k ounces of inferred resource from the RPA report. The 654k ounces is directly comparable to the 248k ounces from the prior report. And, the 248k ounces was only Inferred and Indicated, while the new 654k ounces include Measured, Indicated and Inferred, so a big step up in both quantity and quality.