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Imott

03/19/22 8:40 PM

#1021 RE: Imott #1020

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."