20% is nothing if is applied to the current share price.
I hope they will not delay the news by another quarter. Also, do we have any feasibility study scheduled for this year? I haven't heard anything about it.
See new news release saying we are having a Resource Estimate update on their Nevada Sleeper mine also in the 2nd quarter. 2 big news events coming!!! Will go alot more than 20% higher. Buyout by labor day??
And don't forget, they are updating their resource estimates at their Mexico properties and at their Nevada properties, both in the 2nd quarter. As we get closer to both of these events happening we should see the stock move alot higher. Afterwards hopefully we get a buyout, maybe by Labor Day.
If gold can get back to $1500, the buyout price could be well over $10.
April 4, 2014: Christopher Crupi, CEO Paramount Gold - An Evolving Gold-Silver Discovery in the Guazapares Mining District, Chihuahua.
The price of silver and gold will dictate the worth of this one, they have huge inventory of low grade ore. Silver at 30 and gold at 1500, you got a good mine and a good stock..
Thanks for the response, z. There must be large volume players to have driven the stock from $.80 up to $1.30 for sure. Highly speculative, I agree and the only play is a buy-out as the costs to realize the profits in the PEA are highly risky and expensive.
Golden cross happened. 50-day is $1.27 and 200-day is $1.26. With the recently pullback, PZG didn't close below either moving average. Perhaps a little more consolidation in the $1.35 area. If gold prices hold and the company has a decent news release and/or more insider buying, the stock can continue going from the lower left to the upper right on the charts.
its a turd. i can say that cuz i'm getting slaughtered. people that would buy this kind of stock (super risky) are (or have been) buying pot stocks or 3d stocks or plug or fcel. it's just stuck and will be unless gold shoots to 1700.
Is this really a long-term play or does it simply get flipped for short term profits?
After reading through the Prelim Econ Analysis of San Miguel, it looks like it a $3+ stock at the low end.
(~$500M post-tax earnings w/160M shs o/s). I realize it's speculative, but why isn't the value reflected in a more stable share price?
Today will be interesting. PZG showed strength even with the drop in gold. If the strength continues through today with further decreases in gold prices, then I believe something good is in the works.
Looks like PZG may get that very bullish cross of the 50 day moving average over the 200 day if the stock holds this level. Hopefully, this takes the stock above recent resistance and up over $1.50...closer to the target prices of the analysts who cover PZG.
The purpose of a "Candy Exploration Company" would be to research new and better candy bars. It wouldn't make a profit until it actually sold it's idea(s) to a producer. The stock may fluctuate up and down because there are people out there that think (hope) that someday they will come up with a great new idea for a new candy bar. Until then, it will trade narrowly. Congratulations on buying PZG in the $.50 range. Must have been holding a long time?
I don't know what went on at the Roth presentation, but if there was any mention of the company being sold in the immediate future, the stock would have shot up dramatically (unless they planned on giving it away near its current price).
Days, months, years have passed without any profit and all the expected good news keeps being postponed.
Crupi said that our investment is safe, how come? They don’t make any profit, yet the SP value decreased from 07/26/12 @ $2.42 to 10/4/2013 @ $1.26 and 14/3/2014 @1.36. Resource update for Sleeper is planned for next year (2015), what about selling/farming or going to production – nobody knows. I wonder when they will finally say the company is ready for a buyout.
Looking forward to see the SP back to $4 this year. It’s hard, isn’t it?
Thanks for posting that. Honestly, I am not fond of this info. I have been, continually, going to the website to view the presentation, and it has stated(for some time) that "An updated presentation is currently in progress". I did not see this latest news coming.
looks like things are turning around for gold it may turn out to be a much better year than they had been saying in jan. the trouble in china and with russia has already pushed gold higher and this may just be the beginning. today on cnbc they announced russia shot at a ukraine plane and that triggered this sell off all my miners are going up like crazy was just thinking about buying some pzg too since it hasnt moved much.
Was Howdy doody there too?.......Well, "Ta-ra-ra Boom-de-ay"!LOL! Seriously, I was hoping to find a post......a serious one......concerning Roth
Sentiment: Strong Buy