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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (22734)10/31/2006 8:21:20 AM
From: Ed Ajootian  Read Replies (1) | Respond to of 78419
 
Paramount Gold (PGDP) -- Finally this turkey has made it onto the OTCBB, now we will finally get a chance to see what it can do when trading on a recognized exchange. My hunch is that they will not try to do too much with this stock until the beginning of next year, given that between now & then it will be facing a strong headwind with the folks trying to take tax losses. So in the meantime it would seem to be a great time to be accumulating a position.

Struthers believes they already have discovered enough gold & silver for a mine at their San Miguel property in Mexico, right now just 0.5 to 1 M ozs. gold equivalent, but they have just skimmed the surface over there so far (pun intended!).