PZG - Paramount Gold and Silver Corp - Page 2

i bought PZG at2.70 and now its 2.35 people dont have trust in this stock, i want to hold till it hits the 3,30 range but that mite take a bit of a long time

I think you will see over 3.30 in the next 1-2 yrs. There is always a threat of dilution with companies like this that need cash to fund continued operations, but these guys are a decent takeover candidate, I have always liked Paramount and they have recently made it back on my radar, although the 15% pop in the last week sort of takes the luster off their membership on my watch list.

PZG made a nice bull flag since above post, and now we are hearing they are well positioned in the jr explorer takeover landscape, some even valuing them at $15 for an aggressive takeover. IDK about that but their holdings are located in a good belt of existing mines, so they are a logical target for some bigger players.

I picked up about a 1/3 psn at 2.62 yday, with a stop in the mid 2.40s, which was lucky/smart placement as it just missed hitting early today. Rebounding nicely.

Got back into this one in the 2.0x range, after it made a few trips down into the 1s. Really like this stock's long term potential for reasons outlined above.

Also, they have no more outstanding warrants after an exercise of the last remaining warrants last week. I like buying this in the 2.0x range, or on a break of (and close above) the recent range which looks somewhat like bullish consolidation, the upper end of range is about 2.22.

http://boardvote.com/symbol/PZG/communique/262854

opened at 2.22 today, printed it again after the open... this is becoming a clear ceiling, and a smash through it becoming a fairly solid buy signal for those who are willing to buy into pure bullish triggers.