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 rgrieveon Jan 08, 2011 12:20pm

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Post# 17943533

RE: RE: Positive Action today

Very nice timing of your purchase..........you caught the move right at the breakout.

Hold on because we should see a lot more interesting developments in the days and months ahead. The emerging miners conference in New York this next week should produce good news. We also have drills turning on both projects that will be delivering news shortly.

I see on Sedi that FCMI made a sale of some shares but immediately used the proceeds to purchase 1.3 million shares replacing the 1.3 sold.. They are still holding the bulk of their shares (16 million) and they also retain 10,700,000 warrants to purchase shares at $1.05 each.

All of the large insiders are holding their positions despite the big increase in our share price.

GLTA
rg

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