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 > mirage?

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Comment by Heywood_Silverson Jan 29, 2021 5:03pm

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RE:mirage?

We saw 38 times the normal daily trading volume today - that is insane. I think the initial spike was met by many who took the opportunity to book some meager profits (30% or so is meager IMHO).

Once the buying stopped, the sellers kept piling on until we were right back where we started and there was no sense in further selling. All in all, 15% of the total shares outstanding changed hands. I am hoping that they went from weak hands to strong hands so that no the next runup the gains will hold - at least in theory that is what should happen.

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