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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Comment by Zoccaton Apr 06, 2015 1:32pm

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Post# 23600920

RE:Low Ball Offer on merger.

It's rather a great deal for PZG shareholders. Paramount was low on cash and never could have put San Miguel into production alone. Huge financing would have meant massive dilution and long wait time until mine + mill permitted + built... Now you get 1/4 of Coeur shares, one of the best major Silver+Gold producers with immediate and huge leverage to the PM prices. Plus you keep 95% of the PZG Nevada assets with $10M cash added. CDE shares have much more quality and appreciation potential than (former) PZG shares. You will make up any (paper) losses and then some, if you keep CDE shares for 2-3 years after the merger!

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