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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Post by rgrieveon Dec 10, 2010 11:52am

426 Views

Post# 17829369

WOW!!!!!!!!!!!!!!!

What a DREAM OPENING!!!!!!!!!!!!!

We have broken through the chart resistance area big time. In an earlier post I said we would break through and fly high. This stock will be front page news for a long time because all elements are in place.

Now that we have broken out on volume, the consolidation pattern of the past two years gives us a huge amount of energy to drive this stock way higher. It is like a monster spring loaded catapult that will launch PZG shares to fantastic new highs.

I am happy to say that I am fully loaded on this one. As an early substantial investor in X-CAL along with other true believers like idleintruder, we will be greatly rewarded. The target share price as projected by Adam Graf of Dahlman Rose may in fact be low. That is because he calculated his price without knowing of this new strike and what it means.

GLTA

rgrieve

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