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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 (23955)	1/4/2007 8:12:17 AM
From: Ed Ajootian	Respond to of 78419

Paramount Gold (PGDP) -- Wondering if anyone has looked at this one recently and if so, what do you think. A good presentation is on their website at paramountgold.com . The stock broke out of its doldrums yesterday, right on que, with the absence of tax-loss selling. The company has decided to list on the TSX-V exchange and is having an NI43-101 study done on their San Miguel prospect, which should be out by the end of the month I believe. They will then probably do a big financing, since they have budgeted $10M for cap ex for '07 but currently are broke (or close to that). If in fact they end up on the TSX-V exchange, this will be a bizarre route, first Pink Sheets, then US OTCBB, then TSX-V. Don't think I've ever seen that route taken in that order before. I guess it confirms what some have said here in the past, that the TSX-V exchange is the only place to be for precious metal exploration companies.