We have to pay 30% of purchase to get our 30%
"Paramount Gold is a precious metals mining exploration company presently in the early stages of an extensive exploration program at their San Miguel project in the Guazapares Mining District, part of the Sierra Madre Occidental gold-silver belt of Mexico. Paramount Gold and Silver Corp. is the operator of the San Miguel project, which is a joint venture with Tara Gold Resources Corp. (Other OTC:TRGD.PK - News) (30%) who is required to contribute 30% of exploration costs to maintain their interest. Pursuant to area of mutual interest, Tara Gold has until May 30, 2008 to opt-in by paying its proportionate share of the acquisition costs."
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson