Pediment Gold Corp.

Published : March 10th, 2009

Recent Interviews

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Recent Interviews

 

Please find attached Greg McCoach?s recent interview with The Gold Report (www.theaureport.com), and Gary Freeman?s recent interview with Al Korelin of the The Korelin Economics Report (www.kereport.com).

 

Both interviews outline Pediment Gold?s (TSX: PEZ; OTCBB: PEZGF) progression to date, and describe how well positioned the company is to take advantage of Gold?s ever-increasing role in the global economy. Greg McCoach describes why he favors the juniors over the more senior mining companies and the ?new? criteria for junior miners.  Greg also details why Pediment remains number 1 on his Top 10 List. Please see Greg?s comments on Pediment below.

 

The Al Korelin interview outlines Pediment?s veteran management and executive team focused on advancing the company beyond pure exploration. Please click the following link to listen to the interview:

http://www.kereport.com/DailyRadio/daily030409.mp3

 

Mr. McCoach's Comments:

TGR: Let?s talk about some of the companies on your top 10 list. Pediment Gold Corp. (TSX:PEZ) (OTCBB:PEZGF) is at the top; can you give us an update?

GM: Since they bottomed, Pediment has more than doubled. They?re hanging around the dollar trading range, which some people have been disappointed with. But what I say is, look, Gary Freeman, the CEO, is just weighing his options right now. He?s not making much in the way of news. That?s okay. He?s lying low, he?s looking at his options right now, and this is a company that is about to release a new 43-101 that will have more than 2 million ounces of gold in the ground. This is a verified situation. That?s a significant number because once a company, a junior, crosses the 2 million ounce gold mark, it gets on the radar screens of the majors.

Gary has a lot of things he?s weighing out. After the market meltdown, he decided to reduce costs, get things trimmed down, and get the burn rate really low to conserve cash. So, in the last few months there has not been much in the way of news. The company is lying low for now, but I think you?re going to see that change as PEZ announces their new 43-101 resource calculation. At that point I think you?re going to see Pediment start to have a lot of news flow, which should be very good for the share price.

He?s got the Baja property we just talked about that?s going to have the new 43-101. I don?t see how it?s not at least 2 million ounces based on my back-of-the-envelope calculations, but you never know with these things until they actually come out. I would guess it?s going to be over 2 million and there?s plenty more to be discovered there In my opinion, this deposit could be greater than 3 million ounces before all is said and done. Well, that?s a major discovery. It?s in the right jurisdiction, with very low development costs and it?s in an existing mining area, so it should do very well.

Now, Pediment also has a project called La Colorada that could be a near-term producer. It?s the old open pit that El Dorado Gold Corporation produced from, which really made El Dorado Gold what they are today?what launched them?that discovery and putting it into production. Pediment now controls it and other people are interested in it. Should Gary vend it out to somebody else, take the cash and run, or should he develop it himself? He has lots of options. He has lots of cash. He has lots of great properties. Gary has many different things he can consider at this point, so I think he wisely just stepped back, started to look through everything that he has and what options are available. We?ll see what happens but the prospects for the company look very good.

I?m sure there?s been interest by majors already on the Baja Project. He?s probably gotten plenty of calls, where the majors are already saying, "hey, look, what if we just take you out at this price?" Is it high enough? Is it worth taking the money now and running, letting somebody else deal with it? Or is it better for the company to go down the road a little bit further, develop it themselves in the hopes of getting a much higher price later on? These are things we all have to weigh out. Is it better for us as shareholders to take the money and run right now, even though we might get a lower price for it? Or should we wait a little bit longer, and get a higher price when they develop it? These are things we have to look at. So, with that being said, in my opinion, as we see these higher gold prices and with the news that?s about to come out, I think Pediment?s a two dollar stock in the next six to eight weeks.

The views expressed by Greg McCoach in ?The Gold Report? interview and elsewhere are his independent views, and may not be aligned with the views of Pediment. For more information on Greg McCoach please see: www.miningspeculator.com.  Investors are encouraged to contact an independent registered investment dealer if they require any assistance with their investment decisions.

Please call us at 604-682-4418 should you have any questions, or would like more information about the company. You can also visit us at www.pedimentgold.com.

Thank you,

 

 

Michael Rapsch

Investor Relations

 

(TSX: PEZ, Frankfurt: P5E)

 

#720 - 789 West Pender Street

Vancouver, B.C., V6C 1H2

P: 604-682-4418

F: 604-669-0384

Website: www.pedimentgold.com

 

Pediment Gold Corp.

PRODUCER
CODE : PEZ.TO
ISIN : CA70532U1030
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Pediment is a gold producing company based in Canada.

Pediment produces gold, lead, silver and zinc in Mexico, and holds various exploration projects in Bolivia and in Mexico.

Its main asset in production is LA COLORADA in Mexico and its main exploration properties are TEXSON, CABORCA, DANIEL, COCHIS, GLOR, LA CIEN, MANUEL & MEL PROJECT, ROJA, VALENZUELA, CARIBE, NOPAL and JULIANA in Mexico and SAN ANTONIO - LOS PLANES in Bolivia.

Pediment is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 119.1 millions as of today (US$ 120.2 millions, € 86.8 millions).

Its stock quote reached its lowest recent point on September 04, 2009 at CA$ 0.72, and its highest recent level on January 14, 2011 at CA$ 3.02.

Pediment has 43 468 000 shares outstanding.

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Corporate Presentations of Pediment Gold Corp.
9/2/2008Greg McCoach update on Pediment
Annual reports of Pediment Gold Corp.
2008 Annual Report
Nominations of Pediment Gold Corp.
5/2/2007appoints John Seaman
Project news of Pediment Gold Corp.
8/25/2009(San Antonio - Los Planes)Adds Ounces and Upgrades Resource at San Antonio
8/12/2009(La Colorada)Reports Positive Bench Sample Results from La Colorada, Mexi...
6/29/2009(La Colorada)Drill Testing Resumes at La Colorada Gold Mine Project
2/17/2009(La Colorada)4.6 m of 10.1 g/t Gold & 323 g/t Silver Confirm Highgrade Po...
12/3/2008(La Colorada)La Colorada Gold Project Acquisition Revised and Accelerated
9/10/2008(Las Colinas)Drill results extend Los Planes and Colinas Gold Zones
6/16/2008(San Antonio - Los Planes)Preliminary San Antonio Resource Estimate
5/21/2008(San Antonio - Los Planes)Drilling results
4/9/2008(San Antonio - Los Planes)Exploration Update
3/11/2008(San Antonio - Los Planes)ANNOUNCES PROPERTY ACQUISITION IN MEXICO
2/20/2008(San Antonio - Los Planes)Significant New Zone Intersected
2/4/2008(San Antonio - Los Planes)New Los Planes Drill Results
1/14/2008(Daniel)Phase One Drill Testing and On-Going Targeting Underway at D...
1/8/2008(San Antonio - Los Planes)Los Planes Drill Intersects 10.6 m of 13.3 g/t within 50 m o...
12/7/2007(San Antonio - Los Planes)Core Drill Added to San Antonio Program
10/23/2007La Colorada, Gold-Silver Deposits Being Acquired For High-Gr...
10/3/2007 Intersects 6,1 metres grading 15,14 g/t in oxides...
9/18/2007Los Planes Extended 200 Metres North; more High Grade Interc...
8/20/2007Wide Cross Section of Los Planes Gold Mineralization Indicat...
7/30/2007(San Antonio - Los Planes)Drills 12.19 m of 19.87 g/t Gold Within 84.12 metres of 3.79...
6/13/2007(Caborca)IP survey program at Caborca Copper J/V Project has begun
5/22/2007(Las Colinas)Drill Results Confirm and Extend Las Colinas Gold Mineraliza...
Corporate news of Pediment Gold Corp.
1/25/2011Argonaut Gold Inc. Shareholders and Pediment Gold Corp Share...
1/25/2010Jay Taylor Discusses Pediment Gold on BNN
3/10/2009Recent Interviews
3/2/2009TSX listing symbol T.PEZ
2/26/2009Changes name to Pediment Gold Corp.
12/29/2008featured in "Resource Opportunities"
12/15/2008Featured in "The Mining Speculator"
12/12/2008welcomes Chris Babcock to its Management Team...
9/19/2008Peter Wong, Leonard Harris Join Pediment’s Board of Director...
7/17/2008Al Korelin and Jay Taylor discuss Pediment Exploration Ltd.
5/1/2008at the New York Hard Assets Investment Conference!
3/18/2008Featured in the March issue of Brien Lundin's Gold Newslette...
12/4/2007Exploration Completes Financing
11/6/2007 Featured in Haywood's Junior Mining Universe Report
10/31/2007News Release, October 31, 2007
11/1/2007Los Planes Extended 100 Metres South with 88 metres of 2.44 ...
10/15/2007Join Pediment Exploration Ltd. at the 2007 Resource Investme...
10/12/2007Pediment Exploration Ltd. audio interview with Al Korelin an...
9/14/2007New Gold Zones Discovered at the Daniel Project
9/10/2007Featured in the Northern Miner
7/9/2007RC drilling is underway at Los Planes. One metre of 101 g/t ...
6/26/2007News Release, June 26, 2007
4/11/2007Project Update
3/8/2007Juliana Permits Received. Colinas Anomalies Expanded
2/28/2007(angl) Daniel Project update : financing
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