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PGLC- Penny Stock Long Idea!!

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NASDAQ:PGLC   None
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Pershing Gold Corporation engages in exploration, development, and mining of gold and precious metals primarily in Nevada. It focuses on the exploration of Relief Canyon properties covering an area of approximately 25,000 acres in Pershing County in northwestern Nevada. The Relief Canyon properties comprise approximately 948 owned unpatented mining claims, 120 owned mill-site claims, 172 leased unpatented mining claims, and 2,235 acres of leased and 2,770 acres of subleased private lands. The company was formerly known as Sagebrush Gold Ltd. and changed its name to Pershing Gold Corporation in February 2012. Pershing Gold Corporation is based in Lakewood, Colorado.

Here is my penny stock long idea (under $5.00) coming trading, this coming week. PGLC has not been in business to long, since IPO has been going steady downward. At this time stock PA is $2.90- how low can it go? Will be looking a PUT long and short term options, looking a bullish trend long term. I believe that this is one of low PA stocks, which has found its support area & worth going long for, rest of 2018. Please do own research & make a plan, trade plan.



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