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Paramount Gold and Silver (PZG): Advancing World Class Project In Top Mining Dis

  Broadcast in Business

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Chris Crupi, CEO of Paramount Gold and Silver (PZG) has just come back from meetings with Asian investors where there is major demand for gold and silver mining assets in North America.  Asian investors should continue diversifying away from U.S. dollars and bonds into real wealth in the earth which is trading at multi-year lows.   In addition, the majors such as Barrick, Newmont, Goldcorp, Fresnillo and Coeur D'alene may start looking for low cost projects with the ability to produce at least 100-200k ounces a year.  Paramount may be one of the best junior miners out there today that fits that profile.  Between the San Miguel Project in the heart of the famous Sierra Madre District and the Sleeper Project in the center of mining friendly Nevada, Paramount Gold and Silver should be an acquisition target on the radar of the intelligent mid-tier producers.  

Disclosure: Author Is Long Paramount and the company is a sponsor on my website.

Tags:
gold mining
nevada
small cap investing
precious metals
junior miners
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