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Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > CPS Shovel Ready end of Q1, 2023
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Post by MyHoneyPot on Feb 06, 2023 9:43am

CPS Shovel Ready end of Q1, 2023

60-100 percent of the minerals and the processing of these minerals, required for a green transition are owned or processed by China. 

So high quality quartz to make North American solar pannels is in big demand. 

A big incentive for this project is the mine is in a low cost juristiction, with an abundance of hydro power, where the plant has local adjacent to rail traffic. 

So high quality quartz sand located next to the rail network processed with green energy. That is what CPS has.

So the big question is what is the value of this asset? The number of solar pannels in the would are going to significantly increase

Comment by RookieReturns on Feb 06, 2023 9:47am
So how will this be monetized?
Comment by MyHoneyPot on Feb 06, 2023 11:06am
Its a public company with a market cap of 34 million, this looks like a project that would be aligned with the agenda of the current governments (Federal and Provinicial), and they are out signing up takeoff agreements as they have interested purchasers of the sand.  So i understand they submitted their enviromental permits in in the fall, once they have the take off agreements signed, they ...more