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Abzu Gold Ltd (TSXV: ABS)

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Home > Junior Resource Stocks > Paramount Gold & Silver Corp
The Ubika Research Junior Resource stock watchlist

Paramount Gold & Silver Corp (Symbol: T.PZG)

Company Name: Paramount Gold & Silver Corp.
HQ Location: Winnemucca, Nevada, USA
Company Website: www.paramountgold.com
Shares Outstanding 132.25 Million
Closing Price (Nov 08, 2010) $1.85
52 week (Low – High) $1.25 - $2.08
Market Cap: $244.6 Million
Average Daily Volume 138,259 shares
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The Ubika Research Resource Stock Watchlist is a feature that profiles junior mining stocks. Visitors will discover high potential Canadian mining stocks, the best gold stocks, small cap energy stocks and junior gold companies through this very popular feature.

Share Highlight / 1-Year Stock Chart

Share Highlight
 
Paramount Gold & Silver Corp. - Chart

Business Overview

Paramount Gold (TSX: PZG) (TSE: PZG) (FRANKFURT: WKN) is an exploration and development company with multi-million ounce advanced stage projects in Nevada [Sleeper] and northern Mexico [San Miguel]. Plans are also underway to exploit a large, surface inventory of gold in tailings and leach pad heaps on Sleeper property for potential near-term production. + More info

What is interesting about Paramount Gold & Silver Corp (T.PZG)?

  • Northern Nevada and Mexico were the company has properties are well recognized mining areas
  • Insiders own 31% of the company
  • Significant resource base: Total Resource as indicated by NI 43-101 in all categories is over 4.4 M oz. of Gold and 12 M oz. of Silver
  • Well capitalized company with $ 21M in cash
  • Additional exploration potential to add resources available
  • Given the resource estimate and the advanced state of the projects, the market value per ounce of resource is favourable vis-à-vis some of the other exploration companies in the same area as Paramount.
  • 49 million tons of above ground material exists in heap leach pads at Sleeper project. Exploitation of the large, surface inventory of Gold in tailings and leach pad heaps (+700,000 ozs.) may lead to near term production opportunity.
  • Strong and experienced management and board

Sleeper Gold project (Nevada)

  • Paramount Gold’s Sleeper Mine Project in Nevada is near Allied Nevada’s (TSX: ANV) Hycroft Mine in an area known for historical production of 30 million oz. of gold.
  • Sleeper Gold project includes a former producing open pit mine which produced over 1.6Moz of Au and 2.3Moz of Ag
  • Total Resource as indicated by NI 43-101 resource estimate in all categories is over 1.8M oz. of Gold and 11M oz. of Silver. This includes 700,000 oz. of above-ground identified in tailings and heaps found on the Sleeper Mine property
  • Active exploration program in place to expand the resource estimate

San Miguel Project (Northern Mexico)

  • Historical mining district in a well recognized mining area hosting 7 operating gold mines
  • Well know mining companies like Goldcorp (TSX: G), Alamos Gold (TSX: AGI), Gammon Gold (TSX: GAM), Alamos Gold (TSX: AGI) operate in the area
  • Extensive land holdings - over 450,000 acres
  • Property engulfs Coeur d'Alene Mines Corporation’s (NYSE:CDE) (TSX:CDM) (ASX:CXC) Palmarejo Mine
  • Currently performing definition drilling
  • Good infrastructure available
  • Completed over 200 drill holes on the property

Risks

The commercialization risks associated with developing gold projects are very high. If gold prices were to fall significantly, it can affect the project economics and the value of the resource estimate

Xmet Inc. News

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Paramount Gold & Silver Corp. may enter into a commercial relationship with Ubika Corporation, Investor Cubed or our affiliates for research coverage and capital market services and may pay fees and or shares or stock options or warrants for being mentioned at smallcappower.com. Hence the highlighted company information is an advertisement only and does not and will not constitute an offer to buy or sell securities in the highlighted company.

Was any fee (either in Cash or in Stocks/Options) paid by the company to smallcappower.com or its principal’s Ubika Corporation and/OR Investor Cubed Inc for providing services No
   
Common Stock/Options Ownership in Paramount Gold & Silver Corp.  
Analyst(s) No
Analyst’s family members No
Analyst’s firm, their affiliates and/or subsidiaries No
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