Thursday, 10 October 2013

Brent Cook on Pretium Resources

Pretium has been one of the few gold juniors to maintain a reasonable performance in 2013 given an apparently large very high grade resource, following elections in BC seen as favourable for development, cash in the treasury and the experienced Bob Quartermain at the helm.
However recent news that Strathcona resigned from the bulk sampling project has deepened serious concerns, primarily around grade continuity, and a plunge in the stock price.
Analysis from Brent Cook dating back to June 2013
and IKN from August 2013
While Bob Quartermain defends HERE - but IKN questions this above...
Metal Augmentor suggest that the bulk mining option was always very ambitious and selective high grade mining and potential later bulk mining can still be followed.

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