Paramount Gold & Silver (PZG) resumed drilling on the Don Ese corridor, planning 19 holes totaling 6,000 meters in three months. The corridor is now 7,500 meters long and 2,500 meters wide. They have identified three other parallel veins, and are starting a separate drilling program totaling 7,500 meters of core samples to find out what’s there. They also reported that the DS-10-07 hole came back with nothing, contradicting the CEO’s earlier statement that they found something there.
The stock touched $3.01 on January 25, but that was the low. So much for my “under $3” buy limit. Given that the resource report filing is so close, I am raising the PZG buy limit to $3.60 so people can reinvest or trade in in a few more Federal Reserve Notes for PZG stock and my $15 target in 2011. Use a $2.50 stop loss. The stop loss may sound far away, but if PZG is perceived to come up short in the resource report filing, it might happen. However, with the tailings recovery report coming this month, I suspect the stock and my stop loss will be higher before they even file the resource report. Here’s an interesting video interview with CEO Chris Crupi, still maintaining they are going forward as an operating company while all but asking someone to make a bid.
The West Wood target is on the southwest corner of the Sleeper Pit and has been extensively drilled to reveal a high grade core zone surrounded by lower grade gold concentrations. With characteristics similar to the original Sleeper deposit, this target has NI 43-101 compliant estimated resources of:
Indicated Resources of 16.96 million tonnes grading 0.98g/t of gold and
4.6g/t of silver containing 530,000 ounces of gold and 2.5 million
ounces of silver at a 0.4g/t Au cutoff;
-- Inferred Resources of 390,000 tonnes grading 0.56g/t of gold and 2.3g/t
of silver containing 10,000 ounces of gold and 30,000 ounces of silver
at a 0.4g/t Au cutoff.
Six core holes totaling 1,705 meters, and three reverse circulation holes totaling 957 meters have been completed on the West Wood target. Drilling was conducted to determine the northern limits of the West Wood target and to upgrade resources. This work also obtained sample material for metallurgical testing and geotechnical information for conceptual pit planning to enable basic processing and engineering studies required for a PA. The southern limit of the West Wood target remains open under the historical waste dump and will be evaluated in the coming months in conjunction with evaluating the gold-bearing potential of the substantial amount of waste material from the former mine. Further results are expected shortly.
Facilities Target Area
The Facilities Target is on the eastern side of the Sleeper pit and is a broad area of continuous lower grade gold-bearing material. Several drill holes by previous operators encountered bonanza grade intersections but the drill spacing was too wide to define the extent and distribution of the higher grade material. It is anticipated that defining the limits of the higher grade intervals in the Facilities Target should have a positive effect on the grade of this resource. The current NI 43-101 resource estimate is the following:
Indicated Resources of 10 million tonnes grading 0.69g/t of gold and
7.8g/t of silver containing 220,000 ounces of gold and 2.5 million
ounces of silver at a 0.4g/t Au cutoff;
-- Inferred Resources of 19.6 million tonnes grading 0.60g/t of gold and
6.7 g/t of silver containing 370,000 ounces of gold and 4.2 million
so könnte es Morgen wenn Cad endlich wieder öffnet auch dort weitergehen !
mit den übrigen AU und AG Werten (SBB, FR, NOM usw).
Paramount Gold and Silver Corp.(AMEX: PZG )
Last Trade: 3.85 Trade Time: 4:01PM EST Change: 0.37 (10.63%)
1y Target Est: 14.27 8) 8)
Volume: 3,512,429 Avg Vol (3m): 1,336,030
3-faches Volumen
Dieses Ziel aus Yahoo, sehr interessant 8)
alpenland wrote:
ja 14.27 wäre ich zufrieden
Wer viel Geld hat, kann spekulieren;
wer wenig Geld hat, darf nicht spekulieren;
wer kein Geld hat, muß spekulieren.
wenigstens 1 Teil davon.
http://paramountgold.com/_docs/DRCO_Metals_Conference_2010_-_Day_1.pdf
heute +10% ...
das jahr fängt gut an...
Wer viel Geld hat, kann spekulieren;
wer wenig Geld hat, darf nicht spekulieren;
wer kein Geld hat, muß spekulieren.
http://www.paramountgold.com/News/NewsRelease.asp?ID=100202
Es hat immerhin einige mit > 1 gr Au je Tonne
Dass es heute weiter nach oben ging schätze ich positiv ein.
Morgen gibts noch eine Konferenz, dann wissen wir mehr über das Urteil von Fachleuten.
Quote:
http://www.tradingmarkets.com/news/stock-alert/pzg_pzg_paramount-gold-resumes-drilling-on-don-ese-corridor-to-find-southern-extension-1459858.html
Paramount Gold and Silver CorpLast Trade: 3.69
Trade Time: 4:01PM EST
Change: 0.20 (5.73%)
hier eine Beurteilung:
Quote:
Paramount Gold Announces Positive Drill Results From Sleeper Gold Project in Nevada
Last Trade: 3.91 Trade Time: 4:01PM EST
Change: 0.28 (7.71%)


[url]http://finance.yahoo.com/news/Paramount-Gold-Announces-iw-1162551226.htm... Wood Vein Target[/url]
The West Wood target is on the southwest corner of the Sleeper Pit and has been extensively drilled to reveal a high grade core zone surrounded by lower grade gold concentrations. With characteristics similar to the original Sleeper deposit, this target has NI 43-101 compliant estimated resources of:
Indicated Resources of 16.96 million tonnes grading 0.98g/t of gold and
4.6g/t of silver containing 530,000 ounces of gold and 2.5 million
ounces of silver at a 0.4g/t Au cutoff;
-- Inferred Resources of 390,000 tonnes grading 0.56g/t of gold and 2.3g/t
of silver containing 10,000 ounces of gold and 30,000 ounces of silver
at a 0.4g/t Au cutoff.
Six core holes totaling 1,705 meters, and three reverse circulation holes totaling 957 meters have been completed on the West Wood target. Drilling was conducted to determine the northern limits of the West Wood target and to upgrade resources. This work also obtained sample material for metallurgical testing and geotechnical information for conceptual pit planning to enable basic processing and engineering studies required for a PA. The southern limit of the West Wood target remains open under the historical waste dump and will be evaluated in the coming months in conjunction with evaluating the gold-bearing potential of the substantial amount of waste material from the former mine. Further results are expected shortly.
Facilities Target Area
The Facilities Target is on the eastern side of the Sleeper pit and is a broad area of continuous lower grade gold-bearing material. Several drill holes by previous operators encountered bonanza grade intersections but the drill spacing was too wide to define the extent and distribution of the higher grade material. It is anticipated that defining the limits of the higher grade intervals in the Facilities Target should have a positive effect on the grade of this resource. The current NI 43-101 resource estimate is the following:
Indicated Resources of 10 million tonnes grading 0.69g/t of gold and
7.8g/t of silver containing 220,000 ounces of gold and 2.5 million
ounces of silver at a 0.4g/t Au cutoff;
-- Inferred Resources of 19.6 million tonnes grading 0.60g/t of gold and
6.7 g/t of silver containing 370,000 ounces of gold and 4.2 million
ounces of silver at a 0.4g/t Au cutoff.
und Freunde, das 1 Jahres Ziel
(aus Yahoo)
Last Trade: 3.91
Change: 0.28 (7.71%)
1y Target Est: 11.39
Volume: 2,193,669
Market Cap: 516.42M
@alpenland: para macht auf ihrer roudshow in der nächsten zeit auch halt in Zürich! so stehts auf der website..
weisst du wo?
gruss
Wer viel Geld hat, kann spekulieren;
wer wenig Geld hat, darf nicht spekulieren;
wer kein Geld hat, muß spekulieren.
Seiten