Pershing finances

Pershing Gold, which has an interest in a gold-silver property in Nevada and which trades over-the- counter in the U.S., reported total assets of US$1.9 million for 1989, down slightly from the previous year. Total stockholders’ equity stood at US$1.6 million for 1989 compared with US$1.7 million for 1988, while total current liabilities of US$94,488 were recorded for 1989 compared with US$87,405 for 1988. The company’s working capital deficit for last year stood at US$45,152 compared with US$8,191 for 1988.