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.

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Paramount Gold Nevada Corp

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Comment by sentry1on Jul 09, 2010 3:22am

529 Views

Post# 17256090

RE: RE: good value

You're right, Idleinstruder.

As a further confirmation, have a look at the insider buying by Chris Crupi, Rudi Fronk,, and FCMI. I take this as a sign that these guys at Paramount know the value of what they have bought. At some point, the market will realize your point.

Can Paramount make this project work? Certainly, their own plans suggest at least three months of systematic study of the geology and prioritizing their targets. Given they have some 22 million in the bank and issued warrants in the money which could be exercised, there is no shortage of cash to exploit this resource.

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001342854&type=&dateb=&owner=include&count=40

S

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