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:

"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."

Jeb Handwerger, Gold Stock Trades (9/8/15)
"Pershing Gold Corp. announced the completion of an NI 43-101 technical report on its Relief Canyon deposit with results through early 2015. . .this drilling could expand the deposit. . .the company has some significant shareholder support led by billionaire Dr. Phil Frost. . .Pershing recently uplisted to NASDAQ."

Heiko Ihle, Rodman & Renshaw (9/3/15)
"On September 2, 2015, Pershing Gold Corp. announced the release of an updated technical report for its wholly owned Relief Canyon mine. . .the updated resource represents an approximate 34% increase over the previous resource estimate of 552 Koz gold in the Measured and Indicated category. We note that the updated resource estimate only includes drilling and assaying completed through February 2015 and has the potential to increase following the completion of the 2015 drill program."

Brien Lundin, Gold Newsletter (Jefferson Financial) (8/27/15)
"Our new recommendation for this month is Pershing Gold Corp., an aggressive, NASDAQ-listed junior with a development-stage project in western Nevada. The company has done an admirable job over the past three years of consolidating a historically productive area of the state and growing the known size of its flagship Relief Canyon resource considerably. . .according to a June 2015 resource estimate on the project's open-pit-hosted deposit, it has more than 800 Koz gold: 739 Koz Measured and Indicated and 70 Koz Inferred. . .a sizable gold deposit in a safe mining jurisdiction with a quick path to development and production."

Heiko Ihle, Rodman & Renshaw (8/11/15)
"On Aug. 10, 2015, Pershing Gold Corp. announced additional drilling results from its wholly-owned Relief Canyon gold project. . .we believe the positive drilling results released by the firm indicate the possibility of a future increase in overall resources at Relief Canyon, which we think should positively impact the economics of the upcoming PEA."

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
Thomas Drolet, President of Drolet – Drolet & Associates Energy Services, Inc., International Montoro Resources
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
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
Pershing Gold Corp. Content