Topic: How To Invest

Pat: What do think of Paramount Gold and Silver Corp.? Thank you.

Article Excerpt

Paramount Gold and Silver Corp., $1.54, symbol PZG on Toronto (Shares outstanding: 107.1 million; Market cap: $164.9 million), owns the San Miguel property in Chihuahua State, Mexico. Extensive drilling has outlined a mineral resource estimated at 2.6 million ounces of gold equivalent (this measure includes silver). The company holds cash of $20.3 million, or $0.19 a share, and has no debt. Paramount’s proven deposit is in a region that has a long history of gold and silver production. That gives the company speculative appeal. Paramount is okay for aggressive investors to hold. ..