Here is some analysis for people who may not yet have an...

Here is some analysis for people who may not yet have an investment in this little gem.
Paramount is focused on a long term strategy of acquiring additional Indonesian precious and base metals projects.

The Company has signed an important agreement with the subsidiary of major Indonesian miner PT Antam, which is capitalised at $4.2 billion, and will seek to develop Indonesian gold resources.

In the short term the company is focused on the redevelopment of the Gunung Rosa Mine, which has potential to become a significant long life producer of high grade gold and silver, with base metal credits.

Gunung Rosa has not reached the development stage where ore output can be calculated but the mine already contains a JORC compliant Resource of 358, 832 ounces of gold that handily compares to the size of the current resource at Kingsrose Mining’s (ASX: KRM) Way Linggo mine with Measured, Indicated and Inferred Resources of 710,000 tonnes at a grade of 10.24 g/t Au, and 135.6 g/t Ag for 230,030 ounces of gold and 3,076,800 ounces of silver.

With an aggressive exploration and development effort, Paramount’s Gunung Rosa Mine has the potential to meet or exceed an annualised output of 18,000 low cost gold ounces, and attain a similar market valuation to Kingsrose Mining’s Way Linggo mine.

It can emulate Way Linggo mine as a narrow vein producer of high grade and low cost gold.

Therein is the opportunity for investors as Paramount Mining’s current market valuation of just $19 million does not factor in any upside in development of Gunung Rosa Mine.

The upside in Paramount is quantifiable as Kingsrose Mining has a $359 million Market Cap. Valuation.

Gunung Rosa will also derive additional credits from both silver and base metals.

I continue to be amazed at the apparent current lack of interest in this company and await the explosive upside in the share price whenever that may come.

Ben