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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: chummer who wrote (4169)3/26/2006 3:28:08 PM
From: Ed Ajootian  Read Replies (3) of 78419
 
Paramount Gold (PGDP) -- Wondering if anyone is following this one at this point, and if so what you think of it. They are currently on the Pink Sheets but are pretty far along in the process of getting onto the OTCBB. Their registration statement has been accepted by the SEC and now they need to get the NASD to accept them for actual trading, which is expected within a month according to company IR.

They have a great silver prospect going in Mexico plus a gold prospect in Peru (which they could earn a 51% in from American Barrick (ABX), if they drill out 6,000 meters).

They have put out a slew of releases recently, but I'm not sure how they have financed all this activity. The last financing they did was just for $1M, around 3 months ago.
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