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Paramount Gold Nevada Corp PZG

Metals & Mining Gold
Paramount Gold Nevada Corp. is engaged in the business of acquiring, exploring and developing precious metals projects in the United States of America. The Company owns both exploration and development stage projects in the states of Nevada and Oregon. The Company’s material Nevada property, the Sleeper Gold Project (Sleeper), is located in Humboldt County, Nevada. Its material Oregon property, known as the Grassy Mountain Project, is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. The project site is situated in the rolling hills of the high desert region of the far western Snake River Plain and consists of 455 unpatented lode claims and three patented lode claims all totaling roughly 8,280 acres. The Company’s subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC and Calico Resources USA Corp. Calico Resources USA Corp., which holds its interest in the Grassy Mountain Project in Oregon.


NYSEAM:PZG - Post by User

Paramount Gold Nevada Corp
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Post by rgrieveon Feb 18, 2011 1:31pm
268 Views
Post# 18159457

U S Gold Corp up 6% Today

U S Gold Corp up 6% TodayUXG is raising capital to advance their Mexican and Nevada properties. UXG is similar to Paramount in that they both have properties in these two areas and have a similar share structure. Also, each company has large insider ownership as Rob McEwen owns a large piece of UXG.

UXG's share price is over $7 and rising. Paramount's share price is also moving up and I believe our properties are at least as good as UXG's and maybe better. It will be real interesting to see what the next few weeks brings with Paramounts Road Show in Europe and drill results coming.
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