Shares in penny stock Pershing Gold Corporation (OTCBB: PGLC.OB) are surging in early trading after the company announced a signed agreement with Victoria Gold Corp. (TSX-V: VIT.V) to acquire mining claims owned by Victoria’s U.S. subsidiary, Victoria Resources Inc. The agreement also calls for interests in claims and leaseholds owned by Newmont Mining Corp. (NYSE: NEM) that were under lease or sublease.
PGLC began trading this ...
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