Replies to post #430 on Paramount Gold and Silver Corp (PZG)

[Snowy_Owl]

JAG626, I'm trying to fully understand your post. I understand the Daily Short Interest, Avg Daily Volume, and Days to Cover. I also understand why this should put much pressure on those who need to cover.

What I don't understand is the Settlement Date of 2/15/12. How long after the listed settlement date do the short buyers have before they must cover? From what I've read I'm under the impression it is 3 days, which would be 2/18/12, but that doesn't make sense to me.

Thank you in advance for sharing your knowledge.