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OTTAWA, April 3 /CNW/ - Paramount Gold Mining Corp. (OTCBBZunge rausstreckenGDP)(FrankfurtZunge rausstrecken6G)(WKN:A0HGKQ), is pleased to announce that Charles William (Bill) Reed, Director and VP Exploration, Mexico, has agreed to extend his contract with Paramount Gold Mining Corp. for an additional two years. Bill Reed will continue to oversee Paramount\'s San Miguel project in Mexico while continuing to aggressively build the Company\'s land property portfolio.
Mr. Reed has been a catalyst in the acquisitions and recent discoveries at Paramount\'s San Miguel project in Chihuahua, Mexico.
Bill Reed has significant mining experience in Mexico, as he was formerly Chief Geologist - Mexico for Minera Hecla a subsidiary of Hecla Mining (NYSE:HL) from 1998 to 2004, and Regional Geologist, Mexico and Central America for Echo Bay Exploration from 1993 to 1998. While at Hecla, Mr. Reed supervised detailed exploration at the Noche Buena project in Sonora, and the San Sebastian silver and gold mine in Durango. He also discovered and drilled the Don Sergio vein that was later put into production. While at Echo Bay, Mr. Reed identified the potential of the Dolores mining district, Chihuahua, Mexico and recommended acquisitions that resulted in the discovery of more than 44 million ounces of silver and 2.5 million ounces of gold.
Mr. Reed has a Bachelor of Science Degree in Mineralogy from the University of Utah and is a Registered Professional Geologist in the State of Utah. He is also fluent in Spanish.
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Chefgeologe Bill Reed hat seinen Vertrag bei Paramount Gold verlängert. Wer sich schon länger mit Paramount und dem Team beschäftigt, weiß, dass Reed der geologische Fachexperte für Mexico ist.
Nach unseren Recherchen ist Reed im Minensektor Mexikos und Lateinamerikas gefragt. Nachdem nun auch die finanzielle Sicherheit durch die gestrige Großfinanzierung über 21,7 Mio. US$ bei Paramount gesichert ist, ist es um so erfreulicher, dass auch die Experten weiter im Team sind und die Erfolgsgeschichte von Paramount Gold fortschreiben.
Lesen Sie hier die News im Detail: Stargeologe Bill Reed weiter bei Paramount Gold
Mit allen guten Erfolgswünschen!
Ihr
Eric H. Baumgartner & Team
Profi-ler. Performance & Kompetenz!
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Christopher Crupi über para
http://www.wallstreetreporter.com/profile.php?id=23597#
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Paramount Gold and Silver Identify Gold-Silver and Porphyry Copper Targets on its 86,300-Hectare Andrea Concession
OTTAWA, CANADA--(Marketwire - Dec. 4, 2007) - Paramount Gold Mining Corp. (TSX:PZG)(AMEX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) is pleased to announce that it has identified several encouraging targets during field follow-up of its detailed stream sediment sampling and imagery analysis programs on its wholly owned Andrea Concession. The 86,300 hectare Andrea concession covers most of the ground between Paramount's San Miguel Project and GoldCorp's El Sauzal gold mine in the Sierra Madre gold-silver belt.
Paramount has completed an extensive stream sediment sampling program over the entire Andrea concession. A total of 308 drainage basins were sampled. Stream sediment and heavy mineral concentrate samples were collected at each site, both of which were analyzed for Au and Ag plus a 34-element ICP package. Approximately 70 % of the analytical results have been received to date. Several drainages with anomalous gold, silver, copper and zinc contents have been identified from these partial results.
In conjunction with the stream sediment program, Paramount completed a hydrothermal alteration mineral mapping study over the same area using in-house Aster satellite imagery analysis. This work has identified several areas with strongly anomalous clay and silica alteration.
Boot and hammer ground follow-up work has begun on these anomalies. Both gold-silver and porphyry copper targets have been identified in the Andrea Concession; for example:
- Mesa Colorada, a gold-silver target: clay-rich and intensely iron-stained soils in an area with reported historic gold/silver mine workings. Around Mesa Colorada is a cluster of drainages that comprise the most intense and largest group of stream sediment gold anomalies found in the Andrea Concession to date. The area is located in a zone of intersection of regional lineaments in the southeastern part of the Concession and is surrounded by a zinc halo in stream sediments.
- Marimara, a porphyry copper target: 120-hectare area of intensely fractured, altered and iron stained rock with 2-5% original pyrite content. The system extends under post-mineral volcanic cover and is located along an E-NE trending drainage that follows a major regional fault zone. The area contains historic mine workings, some of which followed gold-silver quartz veins.
Please visit our website at www.paramountgold.com for up to date maps and photos of the Andrea concession.
Analytical results from rock chip samples and from the remaining stream sediment samples are pending. Ground follow-up work in these and other target areas will evolve as results become available.
Christopher Crupi, CEO, stated, "It is very exciting to see that our integrated program of regional geochemistry, satellite imagery analysis and on-the-ground follow-up work has produced attractive target areas so rapidly. We expect the pending assay results to produce additional high priority targets."
The qualified person who has reviewed this news release is Dana C. Durgin, M. Sc. Economic Geology. He is a Certified Professional Geologist (CPG #10364) with the American Institute of Professional Geologists, and a Registered Professional Geologist in Wyoming (PG-2886).
About Paramount Gold
Paramount Gold is listed on the AMEX and TSX under the symbol PZG and on the Frankfurt Stock Exchange under the symbol P6G (WKN: A0HGKQ). Paramount Gold is a precious metals mining Exploration Company presently in the early stages of an extensive exploration program at their San Miguel project in the Temoris mining district of the Sierra Madre Occidental in Mexico. Paramount has completed over 27,000 meters of core drilling, totaling 155 drill holes on the project, with results pending on the last 27 of these holes. In April 2007, Paramount began a 50,000 meter drill program, of which 20,000 meters have been completed to date. In March 2007, Paramount completed a $21.8 million financing which is being utilized to develop their San Miguel and Andrea projects and other opportunities.
"Safe-Harbor" Statement: This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company may not be realized. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially.
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09:35 02.01.08
OTTAWA, ON--(Marketwire - January 02, 2008) - Paramount Gold and Silver Corp. (TSX: PZG) (AMEX: PZG) (FRANKFURT: P6G) (WKN: A0HGKQ) is pleased to announce its 2008 exploration plans. In early 2007, Paramount released its first NI 43-101 Resource Estimate, which established an inferred resource of 35 Million ounces of silver equivalent. This report was based on the results of 39 drill holes from the San Antonio Zone, at the San Miguel project, during our 2006 exploration program. At its flagship San Miguel project, Paramount has completed an additional 100 drill holes for a total of approximately 24,000 meters in 2007. In 2007, Paramount closed US$25 Million in private placement financings in order to fund its ongoing exploration and development programs. The San Miguel project has been divided into four areas, each with different geology, and thus, with a different development strategy, including San Antonio (initial resource estimate), San Luis Mine (former bonanza-grade gold producer), Montecristo (bulk tonnage target), and San Miguel. Paramount has commenced a comprehensive geophysical program (IP-resistivity) in the region, in order to better understand and target the mineralization at depth. Paramount completed early reconnaissance work at its wholly owned 86,300 hectare Andrea concession, including its own satellite image analysis and a thorough sampling of sediment from 371 drainage basins. The results of this identified several gold and silver targets, and a porphyry copper target. Plans for 2008 Paramount intends to complete an update to its initial resource estimate, incorporating the 100 drill holes completed in 2007, and the 30 holes pending assay. Paramount's drill program will target deeper mineralized zones using intelligence obtained by geophysics and detailed structural analysis. Paramount will commence a program to explore and drill the high grade, formerly producing San Luis Mine. Three new target areas have been identified in its San Miguel project, and Paramount will conduct initial evaluation and follow up drilling on these targets. Paramount intends to conduct geologic mapping and surface sampling with a view to establish drill targets in our joint venture with Garibaldi Resources. In late 2008, Paramount will commence a scoping study as it approaches mine development. Paramount is building its project portfolio through the addition of precious metals projects in Mexico and South America, and is also considering strategic corporate initiatives in Mexico with other exploration/development companies. Analyst Site Visits In December 2007, Paramount was the host to a group analyst site visit, and the first independent research report has been released by Beacon Rock Research (www.beaconrockresearch.com). The report can be viewed in its entirety at http://www.beaconrockresearch.com/files/PZG.Spec.07.12.26.pdf Paramount will be hosting three analyst group tours in the first quarter of 2008. About Paramount Gold Paramount Gold is listed on the AMEX and TSX under the symbol PZG and on the Frankfurt Stock Exchange under the symbol P6G (WKN: A0HGKQ). Paramount Gold is a precious metals mining Exploration Company presently in the early stages of an extensive exploration program at their San Miguel project in the Temoris mining district of the Sierra Madre Occidental in Mexico. Paramount has completed over 27,000 meters of core drilling, totaling 155 drill holes on the project, with results pending on the last 30 of these holes. In April 2007, Paramount began a 50,000 meter drill program, of which 20,000 meters have been completed to date. In March 2007, Paramount completed a $21.8 million financing which is being utilized to develop their San Miguel and Andrea projects and other opportunities. "Safe-Harbor" Statement: This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company may not be realized. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially. Contacts: Paramount Gold and Silver Corp. Charles William Reed VP Exploration 520-907-9986 Paramount Gold and Silver Corp. Chris Halkai Corporate Relations Toll-free: 1-866-481-2233 or 613-226-9881
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Paramount Gold and Silver Corp. Reports High Grade Gold Results from Surface and Underground Sampling of a New Area in its San Miguel Project
CHIHUAHUA, MEXICO--(Marketwire - Feb. 14, 2008) - Paramount Gold and Silver Corp. (TSX:PZG) (AMEX:PZG) (FRANKFURT:P6G) (WKN:A0HGKQ) is pleased to announce assay results from sampling of veins and breccias in the previously untested Guadalupe de Los Reyes area in its San Miguel project, in the Guazapares Mining District, Mexico.
The Guadalupe de Los Reyes area is inside the large rhyodacite dome complex that is exposed between the San Miguel and Montecristo Zones. The higher precious metals grades are associated with northeast and northwest trending fault zones, which is consistent with our project exploration model. In this area, gold and silver occur in quartz veins and hydrothermal breccias along the faults, as well as in adjacent quartz veinlet stockworks and breccias. The principal structure is exposed for approximately 100 meters along strike, and appears to continue under cover to the northeast. The Guadalupe de Los Reyes mine is found on this principal structure, and is the site of historic, small-scale, high-grade gold production.
Sampling and geologic mapping are ongoing, tracing these and parallel structures along strike, with the goal of defining drilling targets. These results are particularly exciting because they indicate that this is a gold dominant part of the system with excellent gold grades and high gold-to-silver ratios. As noted in the table below, the mineralization exposed on the surface is several meters wide with gold grades in the range of 3.7 to 6.6 g/t. Underground sampling of accessible portions of the old Guadalupe de Los Reyes mine, down to a depth of 20 meters from the surface, included intervals with gold grades of up to 20.7 g/t.
Highlights of the assay results from Guadalupe de Los Reyes concession (see table at www.paramountgold.com for further details):
Surface samples:
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Width (m) Au (g/t) Ag (g/t)
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5.8 3.69 35.0
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5.4 6.64 10.0
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Underground samples (Guadalupe de Los Reyes Mine):
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Width (m) Au (g/t) Ag (g/t)
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1.0 20.7 30.0
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1.0 18.45 64.0
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1.8 11.05 34.0
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Larry Segerstrom, COO of Paramount Gold and Silver Corp., comments, "These analytical results confirm the presence of excellent gold grades across mineable widths in surface and near-surface exposures within the dacite dome complex. They also seem to be pointing us in the direction of a gold-dominant part of the system. These results further advance our objective of discovering and developing more gold rich, high-grade bodies, such as the ones in the San Miguel and San Luis Zones."
Quality Control
Samples were collected from surface exposures and from shallow older artisanal workings. They are channel samples rather than selected high grades specimens. As part of quality assurance, quality control (QA/QC), Paramount has put into place a detailed program of periodically introducing certified standards, blanks and duplicates into the sample stream.
The qualified person who has reviewed this news release is Dana C. Durgin, M. Sc. Economic Geology. He is a Certified Professional Geologist (CPG #10364) with the American Institute of Professional Geologists, and a Registered Professional Geologist in Wyoming (PG-2886).
About Paramount
Paramount Gold is listed on the AMEX and TSX under the symbol PZG and trades on the Frankfurt Stock Exchange under the symbol P6G (WKN: A0HGKQ). Paramount Gold is a precious metals mining exploration company presently in the early stages of an extensive exploration program at their San Miguel project in the Guazapares Mining District, part of the Sierra Madre Occidental gold-silver belt of Mexico. Paramount has completed over 29,000 meters of core drilling, totaling 162 drill holes on the project, with results pending on 43 of these holes. In April 2007, Paramount began a 50,000 meter drill program, of which 22,000 meters have been completed to date. In 2007, Paramount completed $25 million in financing which is being utilized to develop their San Miguel and Andrea projects and other opportunities.
Paramount Gold and Silver Corp. is the operator of the San Miguel project, which is a joint venture with Tara Gold Resources Corp. (OTC: TRGD.PK) (30%). Tara Gold is required to contribute 30% of exploration costs to maintain their interest.
"Safe-Harbor" Statement: This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company may not be realized. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially.
CONTACT INFORMATION:
Paramount Gold and Silver Corp.
Larry Segerstrom
Chief Operating Officer
613-226-9881
or
Paramount Gold and Silver Corp.
Chris Halkai
Corporate Relations
613-226-9881/Toll-free: 1-866-481-2231
info@paramountgold.com
www.paramountgold.com
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SEC Suspends Trading of 26 Companies to Combat Corporate Hijackings
Actions Are First From Enforcement Division's Recently-Formed Microcap Fraud Working Group
FOR IMMEDIATE RELEASE
2008-41
Washington, D.C., March 13, 2008 - The Securities and Exchange Commission today suspended trading in the securities of 26 companies that appear to have usurped the identity of defunct or inactive publicly-traded corporations using a tactic known as corporate hijacking. The Commission ordered the suspensions because of questions regarding the adequacy and accuracy of information pertaining to their status as publicly-traded companies.
The trading suspensions are part of the SEC's stepped-up effort to address fraud involving the securities of non-exchange traded, or microcap, securities. These are the first actions resulting from the recent formation of the Enforcement Division's microcap fraud working group. In March 2007, the Commission suspended trading in the securities of 35 companies as part of the SEC's Anti-Spam Initiative, which targets potentially fraudulent spam e-mail.
"Microcap investing involves thousands of companies and hundreds of thousands of investors. Keeping this tier of the market honest and free of fraud is every bit as important to investor confidence as our regulation of the world's largest companies and exchanges," said SEC Chairman Christopher Cox. "These trading suspensions demonstrate the SEC's intensified commitment to eradicating microcap fraud. The trading suspensions, and the actions that will follow, should leave no doubt that the Commission will use all of the weapons in its arsenal to combat those who threaten the integrity of our markets."
Linda Chatman Thomsen, Director of the SEC's Division of Enforcement, added, "Hijackings are a burgeoning problem, and a type which the Division's microcap fraud working group was created to address. Today's trading suspensions are squarely aimed at putting the market on notice about the risks associated with acquiring non-operational or 'shell' companies, and with investing in microcaps. This is a first step. We will continue to vigorously investigate those involved."
In conducting the corporate hijacking, certain persons appear to have incorporated each of the 26 companies using the same name as a then defunct or inactive publicly-traded corporation. For identification purposes, each class of an issuer's publicly-traded securities is assigned a ticker symbol by Nasdaq Reorganization and a CUSIP number by the Standard & Poor's CUSIP Bureau. These same persons appear to have usurped the CUSIP numbers and ticker symbols assigned to the defunct or inactive corporations' publicly-traded securities for use by the newly-incorporated entities. They then appear to have obtained new CUSIP numbers and ticker symbols in lieu of the old ones, also for use of the newly incorporated entities, by apparently representing falsely that they were duly authorized officers, directors, or agents of the original publicly-traded corporation.
The trading suspensions will last for 10 business days. The trading suspensions commenced today at 9:30 a.m. ET and terminate at 11:59 p.m. ET on March 27, 2008.
The 26 companies whose trading was suspended today are: Andros Isle Development Corp. (AVPJ); Asante Networks, Inc. (ASTN); Beluga Composites Corporation (BGCC); Cobra Energy Inc. (CBNG); Complete Care Medical, Inc. (CCMI); Disability Access Corporation (DBYC); El Alacran Gold Mine Corp. (EAGM); Extreme Fitness Inc. (EXTF); Gaming Transactions Inc. (GGTS); Global Equity Fund, Inc. (GEQF); HealthSonix Inc. (HSXI); IQ Webquest, Inc. (IQWB); JSX Energy Inc. (JSXG); Kensington Industries, Inc. (KSGT); Kingslake Energy Inc. (KGLJ); L International Computers Inc. (LITL); Let's Talk Recovery Inc. (LKRV); Mobilestream, Inc. (MSRM); Mvive, Inc. (MVIV); Native American Energy Group Inc. (NVMG); Paramount Gold and Silver Corp. (PZG); Regal Technologies Inc. (RGTN); Remington Ventures, Inc. (REMV); Straight Up Brands, Inc. (STRU); Transglobal Oil Corp. (TRGO); and Turquoise Development Company (TQDC).
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SEC setzt 26 Unternehmen vom Handel aus um „Corporate Hijacking“ zu bekämpfen
Die amerikanische Börsenaufsicht SEC (U.S. Securities and Exchange Comission) hat am gestrigen Donnerstag, 13.03.08, 26 Unternehmen vom Handel ihrer Wertpapiere an den entsprechenden Börsenplätzen suspendiert. Die Suspendierung ist der erste Schritt eines Aktionsplans, der erst vor kurzem ins Leben gerufenen „Microcap Fraud Working Group“ – einer SEC-Arbeitsgruppe, die sich der Bekämpfung und Aufdeckung von Betrugsfällen im Microcap-Bereich widmet.
Die 26 betroffenen Unternehmen stehen unter dem Verdacht, die Identität von inaktiven oder ruhenden, aber nach wie vor börsennotierten Unternehmen an sich gerissen zu haben. Ein solcher Vorgang wird von der SEC als „Corporate Hijacking“ (dt. „körperschaftliche Zweckentfremdung“), bezeichnet , wobei der Begriff „hijacking“ (dt. „Entführung“) deutlich den kriminellen Aspekt untersteicht.
Offiziell werden als Grund Unklarheiten und offene Fragen bezüglich des Status als „publicly-traded companies“ angeführt. Die Suspendierung wird als Beginn einer Kampagne betrachtet, die „non-exchange traded“ Unternehmen – also die nicht börsengelisteten sondern lediglich notierten Pennystocks aus dem OTC-Markt – einer verstärkten Kontrolle und Prüfung unterziehen will.
Unter den 26 aufgeführten Unternehmen sind mit Paramount Gold (US69924P1021), Mvive (US62847A1043) und JSX Energy (US46629L1070) auch drei in deutschen Pennystock-Kreisen wohlbekannte Werte zu finden, die im letzten Jahr oder in den letzten Wochen verstärkt von einschlägigen Promotion-Agenturen beworben wurden.
Im einzelnen handelt es sich um die folgenden Unternehmen:
Andros Isle Development Corp. (AVPJ);
Asante Networks, Inc. (ASTN);
Beluga Composites Corporation (BGCC);
Cobra Energy Inc. (CBNG);
Complete Care Medical, Inc. (CCMI);
Disability Access Corporation (DBYC);
El Alacran Gold Mine Corp. (EAGM);
Extreme Fitness Inc. (EXT);
Gaming Transactions Inc. (GGTS);
Global Equity Fund, Inc. (GEQF);
HealthSonix Inc. (HSXI);
IQ Webquest, Inc. (IQWB);
JSX Energy Inc. (JSXG);
Kensington Industries, Inc. (KSGT);
Kingslake Energy Inc. (KGLJ);
L International Computers Inc. (LITL);
Let's Talk Recovery Inc. (LKRV);
Mobilestream, Inc. (MSRM);
Mvive, Inc. (MVIV);
Native American Energy Group Inc. (NVMG);
Paramount Gold and Silver Corp. (PZG);
Regal Technologies Inc. (RGTN);
Remington Ventures, Inc. (REMV);
Straight Up Brands, Inc. (STRU);
Transglobal Oil Corp. (TRGO);
Turquoise Development Company (TQDC).
Bereits im März letzten Jahres wurden im Rahmen einer Anti-Spam-Kampagne 35 Microcaps für 3 Wochen vom Handel ausgesetzt.
Laut Linda Chatman Thomsen, Direktorin der “SEC-Division of Enforcement”, ist das corporate hijacking ein “immer stärker aufkommendes Problem“, dem sich die „Division of Enforcement“ gezielt widmen soll. Die aktuellen Trading Suspensions werden von ihr als „Warnzeichen an den Markt“ verstanden und als Fingerzeig was passieren kann, wenn nicht mehr in einem geregelten Geschäftsbetrieb stehende Shell-Companies akquiriert werden, nur um schnellstmöglichst eine Börsennotierung zu erhalten. Alle 26 betroffenen Unternehmen sollen nun einer weiteren und in die Tiefe gehenden Untersuchung unterzogen werden.
Hauptsächlicher Ansatzpunkt dieser Untersuchung wird sein, die Tatsache zu erhellen, dass einige wenige Personen alle 26 Unternehmen untereinander vernetzt haben, indem sie im Hintergrund den selben Namen benutzten und so den Eindruck erweckten, es handle sich um inaktive aber notierte Unternehmen. Den nicht näher genannten Personen wird vorgeworfen, CUSIP-Nummern und Ticker-Symbole der inaktiven Firmen auf die neu inkorporierten Unternehmen übertragen zu haben. Danach wurden anscheinend anstelle der alten CUSIPs und Ticker-Symbole neue angefordert. So konnte der irreführende Eindruck erweckt werden, als handle es sich um ein ordnungsgemäß eingesetztes Board of Directors und Management., bzw. um ein ursprüngliches und rechtmässig notiertes Aktienunternehmen.
Die Handelssperren wurden von der SEC vorläufig einmal auf 10 Handelstage festgesetzt und sollen bis 27.März andauern. Demnach wäre eine Aufnahme des Handels frühestens am Freitag, 28.März 2008 möglich.
Sollten sich jedoch die von der SEC formulierten Verdachtsmomente erhärten, könnte sich der Trading Halt auch durchaus auf unbestimmte Zeit verlängern.
Das Beispiel BHUB (The Bighub) vom April 2007 dürfte hier wohl auch bei der SEC noch im Hinterkopf präsent sein. Der Fall BHUB war der erste massiv publik gewordene Fall von corporate hijacking. Über Jahre hinweg bedienten sich Betrüger des Namens einer inaktiven Shell-Firmierung, eben der BHUB-Aktienhülle, um illegal nichtauthorisierte Aktien in Umlauf zu bringen und sich an deren Abverkauf zu bereichern. Die Folge: die über dieses Treiben nicht informierten Transfer Agenten schleusten die Phantom-Aktien in den Markt ein, wo sie von Market Makern weiterverkauft wurden. Aus einem ursprünglichen 50 Millionen Float wurden über die Jahre mehrere hundert Millionen Aktien. Mit Aufdeckung der Ungereimtheiten wurde auch die im Hintergrund aufgelaufene Shortposition plötzlich offensichtlich: die jahrelang verkauften Shares, die eigentlich gar nicht existierten, führten dann tatsächlich zu einem immensen Shortsqueeze – BHUB stieg von $0,0001 auf bis zu $0,0070 in der Spitze – bevor die SEC dem chaotischen Treiben ein Ende setzte und eine Handelssperre für die Aktie verhängte. Diese Handelssperre ist noch heute existent! Ob BHUB überhaupt jemals wieder zum Handel zugelassen wird, ist fraglich.
Mit BHUB wurde die SEC zweifellos für derartige Machenschaften im Hintergrund sensibilisiert – nicht zuletzt um einer Wiederholung des damals entstandenen finanziellen Schadens vorzubeugen, wurde jetzt diese „Task Force“ der SEC ins Leben gerufen. Es bleibt abzuwarten, inwieweit in den aktuellen Fällen die Indizien zu Fakten verdichtet werden können. Den Schaden hat wieder einmal derjenige, der in den betroffenen Fällen den Handel mit Microcaps als Langfristinvestment verstanden hat
Link zur SEC-Mitteilung: http://sec.gov/news/press/2008/2008-41.htm
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Paramount Gold and Silver Corp.'s San Miguel Project Hosts 2.645 Million Ounces Inferred Resources (Gold eq.)
OTTAWA, ONTARIO, CANADA--(Marketwire - Dec. 1, 2008) - Paramount Gold and Silver Corp. (TSX:PZG)(NYSE-A:PZG)(AMEX:PZG)(FRANKFURT:P6G) is pleased to announce the resource estimate for its two Clavos 66 and 99 has established inferred resources of 1.512 million ounces gold and gold equivalents at the 100% owned San Miguel Project in Chihuahua, Mexico. A total of 2.645 million ounces of gold and gold equivalent in situ inferred resources and 0.055 million ounces of indicated resources at the San Miguel Project has been identified in drilling to date. This resource estimate demonstrates the strength of the mineral system which is open at depth and on strike. The purpose of the technical report is to estimate high grade gold-silver resources which could be mined in the near term at Clavos 66 and 99.
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