15 unchanged sentences
We have incurred losses in the past, and we will likely continue to incur losses in the future.
−Removed: Even if our drilling programs identify gold,
−Removed: silver or other mineral reserves, there can be no assurance that we will be able to commercially exploit these resources, generate any revenues or generate sufficient revenues to operate profitably.
+Added: Even if our drilling programs identify gold, silver or other mineral reserves, there can be no assurance that we will be able to commercially exploit these resources, generate any revenues or generate sufficient revenues to operate profitably.
We will require significant additional capital to continue our exploration activities, and, if warranted, to develop mining operations.
None of our projects currently have proven or probable reserves.
−Removed: Substantial expenditures will be required to determine if proven and probable mineral reserves exist at any of our properties, to develop metallurgical processes to extract metal, to develop the mining and processing facilities and infrastructure at any of our properties or mine sites and, in certain circumstances, to acquire additional property rights.
+Added: Substantial expenditures will be required to determine if proven and probable mineral reserves exist at any of our properties, to develop metallurgical processes to extract metal, to develop the mining and processing facilities and infrastructure at any of our properties or mine sites and, in certain circumstances, to acquire additional
+Added: property rights.
We have spent and will be required to continue to expend significant amounts of capital for drilling, geological and geochemical analysis, assaying, and, when warranted, feasibility studies with regard to the results of our exploration.
48 unchanged sentences
Our continuing reclamation obligations at our properties could require significant additional expenditures.
−Removed: We are responsible for the reclamation obligations related to disturbances located on all of our properties, including the Sleeper Gold Project.
−Removed: We have posted a bond in the amount of the estimated reclamation obligation at the Sleeper Gold Project.
−Removed: Every three years, we are required to submit a mine closure plan to the BLM for the Sleeper Gold Project.
−Removed: Based on a review by the BLM of our mine closure plan that Paramount submitted in June 2016, the BLM determined that our existing bond was sufficient.
+Added: We are responsible for the reclamation obligations related to disturbances located on all of our properties.
+Added: We have posted a bond in the amount of the estimated reclamation obligation at the Sleeper Gold Project and the Grassy Mountain Project.
+Added: At the Sleeper Gold Project, we are required to submit a mine closure plan to the every three years.
+Added: Based on a review by the BLM of our mine closure plan that Paramount submitted in July 2020, the BLM determined that our existing bond was sufficient.
There is a risk that any cash bond, even if increased based on the analysis and work performed to update the reclamation obligations, could be inadequate to cover the actual costs of reclamation when carried out.
38 unchanged sentences
Due to the presence of these factors, there is no assurance that any geological reports will accurately reflect actual quantities of gold, silver or other metals that can be economically processed and mined by us.
−Removed: If we are unable to obtain all of our required governmental permits, our operat ions could be negatively impacted.
+Added: If we are unable to obtain all of our required governmental permits, our operations could be negatively impacted.
Our future operations, including exploration and development activities, required permits from various governmental authorities.
25 unchanged sentences
The precious metals markets are volatile markets.
−Removed: This will have a direct imp act on our revenues (if any) and profits (if any) and could have an adverse effect on our ongoing operations.
+Added: This will have a direct impact on our revenues (if any) and profits (if any) and could have an adverse effect on our ongoing operations.
The price of both gold and silver has fluctuated significantly over the past few years.
32 unchanged sentences
If this should happen, we would have devoted resources to areas where resources could have been better allocated.
−Removed: The COVID-19 pandemic has adversely impacted our business and may negatively impact our financial results in the future, and the ultimate impact will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities in response to t he pandemic.
+Added: The COVID-19 pandemic has adversely impacted our business and may negatively impact our financial results in the future, and the ultimate impact will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities in response to the pandemic.
The COVID-19 pandemic has negatively impacted the global economy, disrupted global supply chains, lowered equity market valuations, created significant volatility and disruption in financial markets, and increased unemployment levels.
2 unchanged sentences
Furthermore, our business operations may also be disrupted if significant portions of our workforce are unable to work effectively, including because of illness, quarantines, government actions, or other restrictions in connection with the pandemic.
−Removed: In response to the pandemic, we have also suspended all trave l for employees and consultants.
The extent to which the COVID-19 pandemic impacts our business, results of operations, and financial condition, will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic.
4 unchanged sentences
We cannot be certain that our efforts to develop and maintain our internal controls will be successful, that we will be able to maintain adequate controls over our financial processes and reporting in the future or that we will be able to comply with our obligations under Section 404 of the Sarbanes-Oxley Act of 2002.
−Removed: Any failure to develop or maintain effective internal controls, or difficulties encountered in implementing or improving our internal controls, could harm our operating results or cause us to fail to meet our reporting obligations.
+Added: Any failure to develop or maintain effective internal controls, or difficulties encountered in implementing or improving our internal controls, could harm our operating results or cause us to fail to meet our
+Added: reporting obligations.
Ineffective internal controls could also cause investors to lose confidence in our reported financial information, which would likely have a negative effect on the trading price of our common stock.
9 unchanged sentences
Our board of directors retains discretion to change this policy.
−Removed: The exercise of our outstanding options and warrants may depress our stock price.
−Removed: The exercise of outstanding options and warrants, and the subsequent sale of the underlying common stock in the public market, or the perception that future sales of these shares could occur, could have the effect of lowering the market price of our common stock below current levels and make it more difficult for us and our stockholders to sell our equity securities in the future.
+Added: The exercise of our outstanding options may depress our stock price.
+Added: The exercise of outstanding options and the subsequent sale of the underlying common stock in the public market, or the perception that future sales of these shares could occur, could have the effect of lowering the market price of our common stock below current levels and make it more difficult for us and our stockholders to sell our equity securities in the future.
Sales or the availability for sale of shares of common stock by stockholders could cause the market price of our common stock to decline and could impair our ability to raise capital through an offering of additional equity securities.
−Removed: Unresolve d Staff Comments.
+Added: Unresolved Staff Comments.
Not applicable as a smaller reporting company.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.