Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Area51 who wrote (57100)	2/28/2008 6:31:01 AM
From: Ed Ajootian	Read Replies (2) \| Respond to of 78417

Area51, Paramount Gold (PZG) -- I'm disappointed with what has transpired, both on the field and on the 'Street. They had a long break in drilling due to permitting issues, which I guess is simply a part of the landscape down there in Mexico, but it was frustrating nonetheless. The biggest disappointment is that the firms that participated in their equity raise about a year ago never picked up research coverage of the company. Supposedly there's been a lot of turnover of analysts at Blackmont, but still, its been a goddam year, they coulda gotten somebody to write them up but haven't. I have dumped a fair amount of my position but have decided to hold the rest until the end of June. By that point they will either have issued another 43-101 report (as currently expected) or they will have not, and at this point I am planning to sell in either event, win lose or draw. I'm not really looking at investing much in the precious metals stocks any more, oil & gas commodity prices are on a tear and appear locked into being high for quite awhile. Also, my experience with stocks such as PZG has made me realize that I don't really understand this business well enough to be investing any serious money in it.