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Paramount Gold and Silver Corp. (PZG) Message Board

ecpetersen75 1 post  |  Last Activity: Dec 17, 2014 6:16 PM Member since: Apr 27, 2011
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  • Reply to

    Pretty hilarious

    by marshallfolsh Dec 17, 2014 3:18 PM
    ecpetersen75 ecpetersen75 Dec 17, 2014 6:16 PM Flag

    You need to keep this in perspective.....

    I bought the majority of my shares when it was a little over $2 in early 2013. If you compare the conversion rate of PZG to CDE as of that date it is about 10 shares of Paramount to 1 share of Coeur. The deal as it currently stands is about 5 shares of PZG to 1 share of CDE. Coeur has been hammered way worse than Paramount has, but in the long run it should recover much better. If we get back anywhere near to the prices of early last year (be patient) this deal will actually look favorable in hindsight. Be a patient investor.

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