Tuesday, April 10, 2012

Insider Buy Alert - Paramount Gold

Insiders are backing the truck up and loading shares of Paramount Gold and Silver (PZG). A sign of good things to come, perhaps?

Here are the most recent transactions, courtesy of CanadianInsider.com:


Filing
Date
Transaction
Date
Insider Name Ownership
Type
Securities Nature of transaction # or value acquired or disposed of Unit
Price
Apr 3/12 Mar 30/12 FCMI Financial Corporation Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 1,170,732 $2.05
USD
Mar 30/12 Mar 29/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 10,800 $2.22
USD
Mar 30/12 Mar 29/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 7,050 $2.25
USD
Mar 30/12 Mar 29/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 17,150 $2.23
USD
Mar 30/12 Mar 29/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 200 $2.22
USD
Mar 30/12 Mar 29/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 13,600 $2.23
Mar 30/12 Mar 29/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 1,200 $2.22
Mar 29/12 Mar 29/12 Buffone, Carlo Anthony Direct Ownership Common Shares 10 - Acquisition in the public market 15,000 $2.20
Mar 29/12 Mar 29/12 Buffone, Carlo Anthony Direct Ownership Common Shares 10 - Acquisition in the public market 5,000 $2.20
USD
Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 5,700 $2.23
USD
Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 13,000 $2.22
USD
Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 200 $2.20
USD
Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 5,800 $2.21
USD
Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 7,700 $2.18
Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 2,100 $2.16
Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 200 $2.16
 Mar 29/12 Mar 28/12 Crupi, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 15,300 $2.17"




Brigus Ready for a Breakout

BIG news out of the Brigus Gold camp today. I guess there was a good reason for all that recent insider buying!

-----
"Brigus Reports 26.83 Grams Per Tonne Gold Over 15.50 Metres at the Contact Zone on the Black Fox Complex.

The initial resource estimate for the Contact and 147 zones, as released in December 2011, added more than 50 percent to the gold resource at the Black Fox Complex. Exploration drilling at the Black Fox Complex is progressing as planned with four drill rigs and an updated resource estimate on the Contact and 147 zones will be released in 2012."

ALSO:

"Brigus Gold Corp's (BRD.TO) first-quarter production touched the top end of its guidance, helped by robust output at its Black Fox mine in Ontario and the gold producer said it expects costs to be lower than its earlier forecast.
 
The company still sees gold production of 77,000 ounces to 85,000 ounces in the year.
Cash costs, which are estimated at $775-$825 per ounce, are likely to drop to about $700 per ounce in 2013, the company said in a statement."
 -------

If this doesn't bump the shares up, I don't know what will. This stock should be trading AT LEAST over $1 a share right now...

I am long BRD.

Thursday, April 5, 2012

Huldra Silver - Keep an Eye on this One

Huldra silver is one silver stock that could be in production very soon and is a stock I would keep an eye on for 2012.

From a recent Seeking Alpha article, from author Jordan Roy-Byrne:

"There's one company that we've just begun covering that we really like. We met with management at the Prospectors and Developers Association of Canada (PDAC) conference. It's Huldra Silver Inc. (HUSIF.PK) and is going to be a new high-grade silver producer. It is expecting its final permit in April before it can go into production at its Treasure Mountain property.

 It's very well structured and also tightly held and currently has less than a $45M market cap. Once it gets going, management expects to produce 2 Moz/year. That would be very significant for this new tiny company relative to its market cap. We think there's some good near-term upside with very high leverage to rising silver prices. A move in silver above $40/oz could be a second major catalyst for Huldra Silver. Finally, the cash flow from production will enable the company to invest in developing and expanding the resource at Treasure Mountain while maintaining the share structure."

Share structure
Common Shares Issued & Outstanding 33,689,300
Warrants 9,572,662
Options 2,563,334
Fully Diluted 46,325,485


Huldra is also Chris Marchese's #1 silver stock for 2012. From the Motley Fool blogs: "Huldra Silver - This is a story that been kep under the radar for quite some time but is looking good for at least a 2-3 bagger and perhaps a core holding in ones portfolio."

Finally, according to a Pope and Company Analyst Report, these are the top 3 shareholders of Huldra:
"Management & Board of Directors ~13% Sprott Asset Management    9.6% Coeur D’Alene Mines Corp. (CDE: NYSE) 6.8%"

Very intriguing, indeed! 

I have no position in Huldra, but may initiate a position within the next 72 hours.