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Re: Imott post# 1020

Saturday, 03/19/2022 8:40:13 PM

Saturday, March 19, 2022 8:40:13 PM

Post# of 1034
The $PZG last corporate presentation (Oct. 2021) was interesting as well. This was when gold was cheaper per ounce than now! I will link it below, but will quote her here from the presentation ending at the 8:42 to 9:20 mark.


Rachel quote:

"Paramount sits today with a market cap of just $33 million. We have good institutional and insider ownership that has been growing from the company.

We trade about 100 to 150,000 shares a day, but we're trading at only about $8 an ounce in the ground and if you recall I did mention that we bought our flagship property, Grassy Mountain, in 2016 for $15 an ounce and we believe that our continued derisking efforts will see that valuation gap close to something close to our peers."



Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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