NYSEAM:PZG - Post by User
Post by
rgrieveon Feb 03, 2011 12:56pm
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Newmount Buys Fronteer
Newmount Buys FronteerWell now............this event sure spices up things for PZG!
Take a good look at the price paid for the buy out and do some metrics..........the target of $12-$15 per share for Paramount as presented by Adam Graf of Dahlman Rose looks more realistic.
Newmount is the largest landholder in Nevada and has six producing mines there. If we get some good drill numbers from Sleeper it can send our share price flying. Also, the NI 43-101 report due out by the end of March should add to the mix.
Looking Good.
GLTA
rg