Why do you think that? Been holding a bit since the 2 for 1. of course i had to average down.
there has been for shares traded for months at a time, and i call the office a few times and no one answers.
no one is buying, especialy FRIEDERG, he has his own problems with SEABRIDGE to worry about.
Chris CEO looks like a genius now, ever since he sold shares ay $3.51
Not even he is buying back, there are waiting to 3o cents, thats where it was in2008
we told u, PZG had there time 2 years ago, and Chris got greedy and didnt want to sell. Now here we are.
looking for a buyer in a terrible market.
he will waiting a long time, well alot longer now. why would anyone be PZG now wait till thwy need more cash in 2 years.
CEO's are the best, Chris was right on the money when he sold shares at $3.51
wish i had insider knowledge. PZG stock has never been back to that price since.
i dont get your thinking, why BUY now? PZg has been treading water for 2 years. whats the rush? PEA is done and gone, and PZg will not be bought in this market. u have at least 2 years, and PZG will be right here at the current price, maybe lower or a tad higher. People on this board, and news letter writers have been pumping this since 2008 with a price tag of $15 a share. dont believe the hype, $3.51 will be the buyout price. just where the CEO sold shares 2 years ago.
This will be side ways for another couple years, like it has for the last 1.5 years
If you get above the 52 weeks high of last year $2.85, thats when is really going to fall back. There will be so many sellers.
Everyone is just wating for some kind of rumor, of a buyout. Then it will hit $3.85 where the CEO sold Shares.
how funny "buying on DIPS". PZG has been low for a long time, a straight line down is not a dip. A "DIP" is someone who buys dead money. So HELLO DIP.
you have been saying that every year. GIVE it UP.
i thought we had a bet, you lost the PEA did not produce a pop in price.
get off this board, stick to your word.
lot of sellers, no one wants to hold this for ANOTHER 18 months for a 20 cents pay off.
I read now, that that pumpers that thought $15 a share, are know wishing for $7. WOW, tail between there legs now.
Where's that guy that said MICHEAL MURPHEY SAYS "SELL" its been a year, now hes RIGHT
its been 2 years acounting. there's a reason why there's alot os sellers in PZG. Nothing to look forward too, but dead money.
Begging for Attention
Mar 4, 2013
I continue to be amazed at the action in the junior gold shares market. One of my favorite stocks announced a major PEA on their primary Mexican gold/silver project. Paramount Gold & Silver has two major projects, the San Miguel property in Chihuahua State and the Sleeper project in Nevada. The stock went down. What a shock.
The PEA on San Miguel calls for a 14-year mine life with annual production of over 57,000 ounces of gold with 3.1 million ounces of silver. Using a 3-year trailing price for silver and gold, the project shows a Net Present Value of $707 million with a capex of $243 million and an IRR of 33.2%.
Paramount completed a PEA on their Sleeper Nevada gold project in September of 2012. It called for a 17 year mine life processing about 30 million tonnes per year with average gold production of 172,000 ounces of gold and 263,000 ounces of silver at a total cost of $996 per gold equivalent ounce. Using a three-year trailing average for gold and silver Paramount shows a NPV of $695 million.
Between the two projects, Paramount counts about 10 million gold equivalent ounces. Adding the NPV of both projects using pretty conservative numbers shows a total NPV of $1.4 billion. At today’s market prices, the company has a market cap of $310 million. The company is well cashed up.
Coeur d’Alene Mines is on the prowl. They just announced the purchase of Orko Silver for $350 million. Orko’s La Preciosa project in Mexico contained about 264 million ounces of silver in a 43-101 resource so Coeur is paying about $1.40 an ounces for in the ground silver.
In the bidding for Orko, Coeur beat out First Majestic Silver. That means First Majestic Silver is still on the prowl and is cashed up for an acquisition. First Majestic is a primary silver company but one can’t help but wonder if they might want a low cost gold producer in their stable.
In any case, sentiment is showing some of the lowest readings ever recorded for
i guess, no one believes CHRIS has what it takes to sell,
Nothing will make this up, DEAD MONEY FOR A LONG TIME. well i guess it already been 2 years of no gains.