Saturday, August 1, 2015

You'll Want to Own Pershing Gold Corp. $PGLC When Gold Prices Rebound

Opening a gold mine is a costly endeavor. Simply finding a deposit, exploring potential reserves, navigating governmental bureaucracy and environmental red tape, and building the necessary facilities can have a project bogged down before it even gets to the point of extraction.
But what if I told you there was a mine already built, permitted, and operational… That early indications suggested as much as 800,000 ounces of gold were present… And that the only thing left to do was to get to work?
That’s exactly the position in which Pershing Gold Corp. finds itself. The company is literally sitting on a gold mine, poised to take the final leap into full-fledged production in a matter of months.
And if gold prices stabilize, it could be extremely profitable.
Continue Reading at OutsiderClub.com…

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