The information below is based on the most recent information we have
received from analysts and the companies participating in The Gold Report.
We encourage you to visit the company's web site for updates.
The Gold Report
"Paramount announced a strategic alliance with Mexoro that is not an outright acquisition but puts Paramount in the drivers seat, in control of Mexoro and no doubt is the first step of an acquisition. I must say - the way Paramount has done this is brilliant and I tip my hat
to Paramount management.
It is also a great deal for Mexoro because it will unlock the true value of this stock and also solves their financing problem due to the recent poor market conditions and OTC listing...
Mexoro owns the most strategic land position (their Guazapares project) around Paramount's San Miguel discovery...
Considering this news brings in new substantial assets and will result in a big expansion to the San Miguel project and the cheap price of PZG stock, there has never been a better time to buy.
I have also confirmed with the recent trading of the stock, there is a substantial short position that could get squeezed very soon that typically results in a big sharp spike upwards in the stock price.
I might also add what an experienced veteran of the resource market commented to me about Paramount. The company must be the most squeakiest clean company out there considering the recent scrutiny for the AMEX and TSX listing and now scrubbed over by the SEC and DTC as well." (5/5/08)
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Struthers Resource Stock Report