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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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Post by canada7on Aug 25, 2007 5:22pm
294 Views
Post# 13300985

Good and bad

Good and bad The good thing is that they will now focus on SM, which has been independently observed by Tara and other companies to be a good property. The bad thing is that they need to write off almost everything in South America now. Fortunately, they at most spent $3M there (probably a lot less than that), and plenty of money for Mexico.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities