Why are you so sure?
Even so, the stock will be 30 cents by then. This stock already trades for less than $1, but if it remains at this level for too long, it can eventually be delisted or removed from the NYSE.
An interesting article was issued today by Bloomberg called “Gold Mining Deals Seen Rebounding on Price Discount”. Paramount is a good company with good deposits and management. Let’s hope they will find a respectable buyer for the concession.
Where is the bottom?
Nobody knows since even Crupi stopped buying stocks.
Where is the news to propel the share price?
Gold market has little influence in the performance of this stock. What helps is the news released periodically by the company, but there has been no significant news released since fall 2012.