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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: TheSlowLane who wrote (39199)11/12/2012 7:31:46 AM
From: Wade  Read Replies (1) of 48092
 
This article wrote about PZG's valuation:

Paramount Gold & Silver Corporation - The Ultimate Miner's Bliss:

seekingalpha.com

He also wrote:

"In addition to CDE, there are a number of other miners - Gold Corp Inc ( GG), Barrick Gold, Newmont Mining Corporation`s , Yamana Gold Inc ( AUY), and Silver Wheaton Corp ( SLW) - with operating mines in the same vicinity as Paramount who are potential suitors for Paramount's Mexico Property. The one that stands out like a sore thumb is Coeur d'Alene's because Paramount's San Miguel Project envelops the miner's mining operation. Coeur d'Alene's " Palmarejo" mine is expected to run dry by 2014. In the coming months a miner's rising stock price is prudently used as currency to buy undervalued developed explorer resources. In this classic case, CDE buying PZG's high resource property is a no brainer. Miners often use their stock price as currency to purchase a junior explorer by trading stock for stock."



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