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Paramount Gold Nevada Corp PZG

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

Bullboard Posts
Comment by rgrieveon Jul 08, 2010 6:43pm
442 Views
Post# 17255247

RE: RE: good value

RE: RE: good valueidleintruder, good to see you here. Shawn has at least pulled together a deal that allows long term investors in X-Cal an opportunity to advance up the food chain of juniors. The amax listing gives us a higher profile and the larger market cap provides advantages. The two properties located in favorable locales combined with total ounces increasing is also positive.

Capital was always the "missing ingredient" with X-Cal and now we have improved in that area which should help provide for proper development of properties.

As you say, it is up to management and fate and I would add increasing bullion prices of AU and AG to propel us to the big win we are looking for. 

GLTA,
rg 
Bullboard Posts