$1.31 -0.04 (-2.96%)
11/27/2009 1:01 PM

Paramount Gold Mining Corp. (PZG)

CAPS Rating: 5 out of 5

A natural resource company engaged in the acquisition, exploration and development of gold, silver and precious metal properties.

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Member Avatar PhillyDan (89.85) Submitted: 5/29/2009 3:30:27 PM : Outperform Start Price: $1.69 PZG Score: -43.90

Paramount Gold & Silver (PZG). Paramount’s business model is based on having the best, most experienced geologists. They evaluate properties and then acquire the ones that appear to be drastically undervalued compared to the amount of gold that is present. At the time of acquisition, they pay a price based on apparent reserves. They then go in and do exploratory drilling where the geologists think there is much more gold, and if they are correct they can multiply the reserves dramatically. Then, rather than developing a mine themselves, they partner the project to a company that wants to mine it for cash plus royalties. If the project is big enough, they might sell the whole company, and then the management team and geologists start a new company and do it again.

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Member Avatar jh0 (< 20) Submitted: 5/14/2008 9:58:48 PM : Underperform Start Price: $2.29 PZG Score: +29.18

Paramount does not expect to generate revenues from the San Miguel project in the next year. Further, it is not Paramount's objective to enter the mine management business. Rather, the Company hopes to identify a resource that will enable it to attract a larger company to partner with this company who has experience developing and managing a mine.

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Member Avatar DownWithInfidels (99.96) Submitted: 3/13/2008 1:18:40 PM : Outperform Start Price: $2.16 PZG Score: -25.71

Hurray for Gold!!! Hurray for Silver!!! Hurray for Oil!!! Hurray for Base Metals!!! Down with $US!!! Down with US Banks!!! Up with US stock market nominal basis!!! Down with US stock market real basis!!! Down with US Houses!!! Down with Citigroup!!! Down with US Economy!!! and DOWN WITH INFIDELS!!!!!!!!

Whoever shorts metals company because of no revenue is stupid!!! Why trade good metals for bad $US just to report revenue!!! A company can have no revenue, just sleep, but if the price of their metals go up, market cap go up! All metals miners should stop producing, have no worthless $US revenues, and wait until supply goes down until Gold hits $5000 then to sell their metals!!!

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Member Avatar gaiachild (95.80) Submitted: 3/3/2008 3:25:26 PM : Outperform Start Price: $2.20 PZG Score: -26.41

cipostripes

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Member Avatar kunosoura (65.25) Submitted: 10/23/2007 12:41:47 PM : Outperform Start Price: $2.24 PZG Score: -17.64

This will blow up. Too much to gain to be passing this one by.

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Member Avatar ScratchDent (< 20) Submitted: 10/22/2007 4:16:55 PM : Outperform Start Price: $2.27 PZG Score: -18.08

bit strike a commin'

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Member Avatar fcjudd (< 20) Submitted: 9/21/2007 9:45:13 PM : Outperform Start Price: $2.79 PZG Score: -28.36

As Ron Struthers (Struthers' Resource Stock Report) puts it, Paramount's San Miguel project looks like it will prove to be the next major North American silver discovery. To date, more than 12,000 meters have been drilled and more than 1,800 metres of trenching have been completed on just 3.3 kilometers of more than 8 kilometers of strike at San Miguel. Results have been impressive. An NI 43-101 Technical Report dated January 26, 2007 reported an inferred resource of 38M oz silver equivalent, with a cost of less than US $0.07 per oz of silver. And Paramount expects to increase this resource significantly in 2007/2008, through a 50,000 meter drilling program. The strike zone, which remains open in all directions, runs close to the surface. With roads already in place, the San Miguel project gives every indication of a prolific silver deposit that can be mined extremely economically. Add to all that a world class management team and Paramount should be a big winner. The current bull market in precious metals is just icing on the cake.

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Member Avatar ScotSAK (49.63) Submitted: 8/23/2007 4:32:07 PM : Outperform Start Price: $2.26 PZG Score: -20.78

Paramount Gold Mining Corp. is a natural resource company engaged in the acquisition, exploration and development of gold and precious metal properties. As of June 30, 2006, the Company had two projects under option, the San Miguel Groupings property in Mexico and the Andean Gold Alliance with Teck Cominco Limited, comprising 21 properties in Argentina, Chile and Peru. A third project is a joint venture with Barrick Gold in Peru known as Linda.

8/1/07 The American Stock Exchange(R) (Amex(R)) today lists the common stock of Paramount Gold Mining Corp. under the ticker symbol PZG.

8/23/07 Paramount Gold Receives Their Environmental Permits; A Second Drill Rig Will Commence Drilling In Early September

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Member Avatar 10271946a (< 20) Submitted: 8/20/2007 4:32:26 PM : Outperform Start Price: $2.50 PZG Score: -27.36

A precious metal mining company which has just started explorations and has some limited success, but at this time they have started from the bottom and will rise as soon as a reasonable and profitable gold or silver quantity is hit. Hopefully pretty soon.

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