nottheSEC (72.43)

The next Seabridge or water under the bridge? VGZ(Vista) and PZG(Paramount) worth a look?

September 15, 2009 – Comments (1) | RELATED TICKERS: SEA , VGZ , PZG

Both these companies have a lot of gold in the ground. They to me are the kings of non-mining juniors who seek to make money through waiting(VGZ) or management partnerships(PZG). Has any junior grown using these startegies? 

Vista(VGZ) has started some mining activity. They acquired mines when gold was much cheaper $400-700. They rewarded early investors with a free Allied Nevada share for every share of Vista now worth $9.38. ANV (Allied) not my favorite by any means.

Paramount(PZG) seems to be focused in on a being a royalty company by means of collobarative mine mangement.They get the best geologist and pay under inferred value.

Disclosure. Own shares of VGZ and would like to purchase shares of PZG.