Pershing Gold Corp.

Pershing Gold Corp. is an emerging Nevada gold producer uniquely positioned to create shareholder value by fast-tracking the reopening of the Relief Canyon mine, which includes three open-pit mines and a state-of-the-art, fully permitted and constructed heap-leach processing facility. The company's landholdings cover over 25,000 acres that include the Relief Canyon mine asset and lands surrounding the mine in all directions. This land package provides Pershing Gold with the opportunity to expand the Relief Canyon mine deposit and to explore and make new discoveries on nearby land.

Expert Comments:

Bhakti Pavani, Euro Pacific Canada (11/23/15)
"On Nov. 16, 2015, we visited Pershing Gold Corp.'s Relief Canyon mine site. . .we were impressed by the current state of the heap-leach facility at the site. . .the milling/crushing plant, with a capacity of processing 8 Mt ore, is brand new and has hardly been used. . .we maintain our Buy rating."

Heiko Ihle, Rodman & Renshaw (11/20/15)
"On Nov. 19 Pershing Gold Corp. announced internal economic metrics for its wholly-owned Relief Canyon project located outside Reno, Nevada. As we envisioned, the estimates outlined a project that we believe could be operated in today's metal price environment: a low capital expenditure and low operating cost. . .heap-leach project in a mining-friendly jurisdiction—something investors should look toward in a down market. Therefore, we expect the site to be advanced meaningfully in 2016 with the release of a formal preliminary economic assessment in Q2/16."

Heiko Ihle, Rodman & Renshaw (11/11/15)
"On Nov. 10, 2015, we visited Pershing Gold Corp.'s Relief Canyon mine. . .during our visit, we were able to view the substantial infrastructure already present at the site, which we believe aids in keeping capital costs of bringing the project online low. . .in short, we believe Relief Canyon remains ready for production and could be producing in just a few short months."

Brien Lundin, Gold Newsletter (Jefferson Financial) (9/30/15)
"Pershing Gold Corp.'s drilling program on its Relief Canyon gold-silver project in Nevada continues apace. . .the company hopes that this exploration work will add key resources to the three past-producing open-pit mines at Relief Canyon. With promise on the exploration front and a state-of-the-art heap-leaching facility at its disposal, Pershing's prospects are good to become a gold and silver producer of some size."

"Pershing Gold Corp. is continuing to drill at a record pace. It has a huge, strong treasury. It is fast-tracking a great project that is continuing to build value in Nevada. This is an exciting time because this state has been ignored due to the strength of the dollar. . .now that the dollar is beginning to turn over, that might reignite interest in Nevada gold mining. Pershing Gold has a fully permitted mine and mill at Relief Canyon. It is getting exceptional results with four drills currently on the property. It has a great shareholder base. The largest shareholder is the billionaire Dr. Phillip Frost. Pershing has a strong treasury, and has newly uplisted to the NASDAQ with a share rollback. It has a clean balance sheet and an excellent share structure. It is positioned for outperformance in the coming new bull market." read more >

Brien Lundin, Gold Newsletter (Jefferson Financial) (9/11/15)
"With the permits in hand it needs to move forward and a plant ready to swing back into operation, Pershing Gold Corp. appears to have few impediments to production at Relief Canyon. The next step is to generate economics for the mine, including production rate, life of mine and NAV. . .well managed and well capitalized, the company is ripe for accumulation at current levels."

Management Q&A: View From the Top
Steve Alfers
Catalysts can drive stock prices, and Pershing Gold has had quite a few lately, including a stock split, uplisting to NASDAQ and an updated resource estimate on the Relief Canyon Mine in Nevada. And CEO Steve Alfers says there is still more to come for the near-term producer.
read more >

More Expert Comments

Experts Following This Company

Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Peter Epstein, CFA – MockingJay Inc.
Jeb Handwerger, Author Gold Stock Trades
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Louis James, Analyst – Casey Research
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Björn Paffrath, Director – Stabilitas-Fonds
Bhakti Pavani – Euro Pacific Canada
Jeff Wright – Wolfpack Capital

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
Advance the Relief Canyon Mine to commercial production
Continue expanding the Relief Canyon deposit through development drilling
Explore ~25,000 acre land position to discover and develop additional gold deposits
Create value through strategic transactions
catalyst Calendar
Update Resource Estimate
Publish Economic Study