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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. Its projects include Sleeper Gold Project, Grassy Mountain Project, Frost Project, and Bald Peak Project. 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. Its subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC, and Calico Resources USA Corp.


NYSEAM:PZG - Post by User

Paramount Gold Nevada Corp
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Comment by ajootianon Aug 19, 2007 10:03pm
186 Views
Post# 13270137

RE: PARAMOUNT GOLD - THE DYNAMIC PHASE

RE: PARAMOUNT GOLD - THE DYNAMIC PHASESGGroup, great post, but not sure why it makes sense to buy this stock right now given that the shares of the recent PP just became free-trading last Wednesday. So far the PP investors have more or less behaved themselves but if this meltdown in the overall market continues I'm not sure how long they will continue to restrain from blowing out stock. Do you see any news coming out in the next few weeks? Its my understanding that they are planning to lay low until they get on the TSE, which is supposed to be early September, maybe even in the first week. I heard they finally got a second rig going on the property, so the news flow from the field should be a lot smoother in a month or so. I have a large position in the stock and am looking to buy more, but have no plans to buy any stock this week, for the reasons discussed above.
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