Replies to post #1752 on Pershing Gold Corp fka PGLC

[Talldude]

Steuvin(aka:)helpme_hannah calls Alfer's VGLD dump "seems stupid"...check this out.

Yahoo Finance Forums -- Pershing Gold Corporation Message Board:

helpme_hanna • 30 minutes ago (11:17AM EDT)
Well, Casey, it is nice that Pershing didn't have to dilute. It is also nice that it retained a 1% net smelter royalty, which could be worth around $800,000 over the life of Valor's to be developed mine(s). On the other hand, Pershing got $.06 per share on its most recent and final sale of its Valor stake, whereas the market price of Valor is $.27 per share.

All in all, Pershing dumped its Valor stake. I guess I'll just have to trust Pershing's management and board on that, even though it seems stupid to me.

So jelpme_hanna

http://finance.yahoo.com/mbview/threadview/?&bn=b1062d8c-bfda-3e44-bb54-a762d78c8d13&tid=1369915762486-0e150048-b9be-4026-b52a-adb8d244047d&tls=la%2Cd%2C0%2C3