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    Pretium - Goldexplorer in BC - Die letzten 30 Beiträge

    eröffnet am 13.08.11 17:40:30 von
    boersenbrieflemming

    neuester Beitrag 21.08.14 17:55:18 von
    boersenbrieflemming
    Beiträge: 762
    ID: 1.168.305
    Aufrufe heute: 3
    Gesamt: 37.367


    Beitrag schreiben Ansicht: Die letzten 30 Beiträge
    Avatar
    boersenbrieflemming
    schrieb am 21.08.14 17:55:18
    Beitrag Nr. 762 (47.578.600)
    Richtig interessant wird es vermutlich erst wieder, wenn hier Neues zu möglichen Partnern bekannt wird. .... Q4 ist da wohl angepeilt.
    Avatar
    JamesMcFly
    schrieb am 20.08.14 22:36:16
    Beitrag Nr. 761 (47.570.356)
    Zitat von hinguckerNachdem viele Anleger durch diesen Absturz rausgekegelt wurden hat sich die Aktie an einem Tag um 80 Prozent auf 5,80 CAD wieder erholt.


    Naja, es gab genug Zeit zu Kursen unter 3,5 CAD zu kaufen, insbesondere, nachdem die ersten Ergebnisse des BS-Programms veröffentlicht wurden und der Kurs trotz super news weiter nachgegeben hatte. Das war eine ganz klare Fehleinschätzung des Marktes und wurde schnell korrigiert(Kurssprung auf 5,8 CAD), nachdem weitere Ergebnisse veröffentlicht wurden (die so zu erwarten waren). Aber all das wurde ja vor dem starken Kursanstieg weitreichend so kommuniziert (auch in diesem board).

    Aktuell ist ein aus dem ganzen explorer markt ein wenig die Luft raus. Aber PVG bleibt einer meiner top picks, zwar kein tenbagger mehr, aber gute 50% sollten noch drin sein.

    JMF
    Avatar
    hingucker
    schrieb am 20.08.14 20:29:54
    Beitrag Nr. 760 (47.569.087)
    Antwort auf Beitrag Nr.: 47.566.291 von boersenbrieflemming am 20.08.14 16:46:15Stockpromoter wie ich :laugh:

    Deine faulen Tricks sind lachhaft. Das manipulativ verkürzte Zitat gehört zu meiner Frage

    "Wann wird also die "Third Party" ihre Arbeit aufnehmen? Oder ist der Stockpromoter wie ich der Meinung, dass sich da wohl kaum jemand an den undurchsichtigen Machenschaften Quartermains die Hände verbrennen will?"

    Statt zu tricksen wärst du besser beraten meine Frage zu beantworten.



    ...Du schreibst bei Kursen um 2,80 CAD ständig negativ - nun steht die Aktie bei ca. 8 CAD (nach Financings)...

    Der Absturz auf 2,80 CAD war m.M.n. Auslöser für die anhängigen Sammelklagen geschädigter Anleger. Die negativen Schlagzeilen sind also hausgemacht. Da nützt alles Vertuschen deinerseits nichts.

    Nachdem viele Anleger durch diesen Absturz rausgekegelt wurden hat sich die Aktie an einem Tag um 80 Prozent auf 5,80 CAD wieder erholt. Das war ende November letzten Jahres. Die Steigerung von diesen 5,80 auf heute ca. 7,80 CAD ist sooo prickelnd also nicht. Immerhin brauchte es dazu 9 Monate.

    Interessant ist hingegen das Abrauchen von knapp 18 CAD (Anfang März 2012) auf die von dir erwähnten 2,80 CAD.

    Dass die heutige News sich nicht signifikant im Kurs niederschlägt zeigt einmal mehr das mangelnde Vertrauen der Anlegerschaft in diesen skandalumwitterten Wert.
    Avatar
    boersenbrieflemming
    schrieb am 20.08.14 16:46:15
    Beitrag Nr. 759 (47.566.291)
    Antwort auf Beitrag Nr.: 47.509.555 von hingucker am 13.08.14 22:44:42 Stockpromoter wie ich

    Du schreibst bei Kursen um 2,80 CAD ständig negativ - nun steht die Aktie bei ca. 8 CAD (nach Financings).

    Denk mal darüber nach,

    BL
    Avatar
    hingucker
    schrieb am 20.08.14 16:39:11
    Beitrag Nr. 758 (47.566.186)
    http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=PVG

    Signal Update

    Our system’s recommendation today is to SELL. The BEARISH HARAMI pattern finally received a confirmation because the prices crossed the confirmation level which was at 7,1050, and our valid average selling price stands now at 7,0950. The previous BUY recommendation was issued on 12.08.2014, 7 days ago, when the stock price was 7,0000. Since then PVG has risen by +1,36%.

    Market Outlook

    The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.
    Avatar
    boersenbrieflemming
    schrieb am 20.08.14 15:48:07
    Beitrag Nr. 757 (47.565.699)
    Pretium drills 2.1 m of 335.65 g/t Au at Kings


    2014-08-20 06:28 ET - News Release




    Mr. Robert Quartermain reports

    PRETIUM RESOURCES INC.: DEEP INFILL DRILLING CONTINUES TO CONFIRM HIGH-GRADE GOLD MINERALIZATION

    --

    Pretium Resources Inc. has released the results from deep infill drilling under way in the Valley of the Kings, including the intersection of visible gold.

    Selected drill highlights include:

    Hole SU-632-W4 intersected 335.65 grams of gold per tonne over 2.10 metres, including 4,130 grams of gold uncut over 0.80 metre and 3,530 grams of gold uncut over 0.50 metre.
    The extreme gold grade noted above was intersected in hole SU-632-W4, which was wedged downhole off drill hole SU-632 at 272.5 metres. Drill hole SU-632 was collared in the western part of the Valley of the Kings. Directional drilling, which enables offset holes to be drilled downhole from a single surface drill hole, is under way as part of a deep infill drilling program in the Valley of the Kings in support of the mine plan for the Brucejack project. Drilling is being conducted on a portion of inferred and indicated mineral resources from the December, 2013, Valley of the Kings mineral resource estimate below the 1,345-metre level. A second drill is currently dedicated to geotechnical drilling at site.

    Underground drilling in the Valley of the Kings is planned to commence in September after commissioning the new water treatment plant.

    SELECTED VALLEY OF THE KINGS DRILL RESULTS,
    AUGUST, 2014 (1, 2, 3)

    Hole From To Interval Gold Silver
    No. (metres) (metres) (metres) (g/t) (g/t)

    SU-631 152.50 154.00 1.50 18.10 8.40
    325.00 328.00 3.00 70.80 57.40
    Incl. 325.00 326.50 1.50 127.50 88.90
    490.30 491.80 1.50 15.25 10.10
    SU-631-W1 6.50 8.00 1.50 37.10 48.10
    24.80 26.30 1.50 7.80 20.90
    79.70 83.30 3.60 5.55 14.8
    SU-631-W2 38.00 39.00 1.00 8.85 10.70
    61.00 62.50 1.50 8.87 6.30
    SU-632 87.00 88.00 1.00 9.67 14.20
    310.55 311.71 1.16 7.62 351.86
    521.88 522.38 0.50 35.20 47.70
    SU-632-W1 Wedge shifted; hole stopped at 17 m.
    SU-632-W2 72.71 73.21 0.50 79.20 43.60
    141.00 142.50 1.50 49.20 19.60
    SU-632-W3 116.00 117.5 1.50 4.71 3.7
    120.5 126.5 6.00 2.03 1.83
    188.00 201.00 13.00 1.21 3.71
    216.10 226.60 10.50 1.40 1.83
    SU-632-W4(4) 78.76 80.86 2.10 335.65 353.43
    Or (5) 78.76 80.86 2.10 2,415.17 353.43
    Incl. (5) 78.76 79.26 0.50 3,530 394.00
    Incl. (5) 80.06 80.86 0.80 4,130 678.00
    206.30 207.80 1.50 6.68 4.90
    265.42 265.92 0.50 9.31 5.50

    (1) True thickness to be determined.
    (2) Unless otherwise indicated as uncut, all gold assays
    over 540 g/t were cut to 540 g/t.
    (3) All samples were submitted for preparation and
    analysis by ALS Chemex at its facilities in Terrace, B.C.
    All samples were analyzed using multidigestion with ICP
    finish and fire assay with AA finish for gold. Samples
    over 100 parts per million silver were reanalyzed using
    four-acid digestion with an ore grade AA finish. Samples
    over 1,500 parts per million silver were fire assayed
    with a gravimetric finish. Samples with over 10 parts per
    million gold were fire assayed with a gravimetric finish.
    One in 20 samples was blank, one in 20 was a standard
    sample, and differing one in 20 samples was a field
    duplicate half-split core assayed at ALS Chemex in
    Vancouver.
    (4) Two samples cut to 540 g/t gold.
    (5) Uncut.
    Kenneth C. McNaughton, MASc, PEng, chief exploration officer, Pretium Resources, is the qualified person responsible for the Brucejack project exploration program

    We seek Safe Harbor.
    Avatar
    hingucker
    schrieb am 13.08.14 22:44:42
    Beitrag Nr. 756 (47.509.555)
    Leider investiert der Stockpromoter von Pretium zuviel Zeit im Seabridge Thread. Statt dort seine unsäglichen Kommentare abzusondern sollte er sich hier mal wieder blicken lassen und Stellung beziehen.

    Was ist z.B. mit den in Canada und USA anhängigen Sammelklagen die wegen Anlegerbetrugs (Securities Fraud) gegen Pretium eingereicht wurden?

    Oder folgende offene Frage:

    Am 29.10.13 antwortete Quartermain auf die Frage des Interviewers vom Northern Miner:
    .
    .
    .
    TNM: So, if I’ve got this right, the only change in your plan is you may have a new third party come in to look at the resource update?

    RQ: Well, yes, another third party coming in and doing essentially what Strathcona would have been doing. So yes, Snowden will do its work, and a third party will come in and review that data.
    .
    .
    .


    Wann wird also die "Third Party" ihre Arbeit aufnehmen? Oder ist der Stockpromoter wie ich der Meinung, dass sich da wohl kaum jemand an den undurchsichtigen Machenschaften Quartermains die Hände verbrennen will?

    Vielleicht denkt er mal darüber nach.
    Avatar
    hingucker
    schrieb am 13.08.14 22:23:11
    Beitrag Nr. 755 (47.509.420)
    Das sieht aktuell ein wenig nach verlorenem Vertrauen aus ...





    Einfaches Einfügen von wallstreet:online Charts: So funktionierts.
    Avatar
    silverfreaky
    schrieb am 28.07.14 19:16:08
    Beitrag Nr. 754 (47.386.700)
    Da ist wohl auch die Luft draussen.
    Avatar
    keyar
    schrieb am 26.07.14 09:31:54
    Beitrag Nr. 753 (47.377.610)
    Antwort auf Beitrag Nr.: 47.376.384 von boersenbrieflemming am 25.07.14 21:09:50"At a 5% Discount Rate " ??
    Was ist denn davon zu halten ?

    LG
    Keyar
    Avatar
    boersenbrieflemming
    schrieb am 25.07.14 21:09:50
    Beitrag Nr. 752 (47.376.384)
    Antwort auf Beitrag Nr.: 47.362.134 von petrolero am 24.07.14 04:11:22Nicht ganz ....


    ECONOMIC ANALYSIS
    Tetra Tech prepared an economic evaluation of the Project based on a pre-tax financial model. For the 18-year LOM and 16.55 Mt of mine plan tonnage, the following pre-tax financial parameters were calculated:
    • 34.7% internal rate of return (IRR)
    • 2.7-year payback on the US$746.9 million initial capital
    • US$2,251 million net present value (NPV) at a 5% discount rate.
    A post-tax economic evaluation of the Project was prepared with the inclusion of applicable taxes (Section 22.0).
    The following post-tax financial parameters were calculated:
    • 28.5% IRR
    • 2.8-year payback on the US$746.9 million initial capital
    • US$1,445 million NPV at a 5% discount rate.
    As indicated in Sections 19.0 and 21.0 of this report, the base case metal prices (Section 19.0) and exchange rate (Section 21.0) used for this study are as follows:
    gold – US$1,100/oz
    • silver – US$17.00/oz
    • exchange rate – 0.92:1.00 (US$:Cdn$).
    Avatar
    petrolero
    schrieb am 24.07.14 04:11:22
    Beitrag Nr. 751 (47.362.134)
    Netpresentvalue minus Kapitalisierung gibt ca 600 mio.
    ...Und die 600 Mio sind die Entwicklungskosten für die Minenanlagen.

    Na ja ehrlich gesagt ohne die Superpräsentationen hätte ich das nicht selbst rausgefunden :-)

    Kurzum, da kommt wohl nicht viel raus.
    Avatar
    boersenbrieflemming
    schrieb am 23.07.14 22:45:39
    Beitrag Nr. 750 (47.361.594)
    Antwort auf Beitrag Nr.: 47.353.562 von silverfreaky am 22.07.14 19:15:41-> Pretium prices offering at $7.25 (U.S.) a share
    Avatar
    KMST
    schrieb am 22.07.14 19:17:01
    Beitrag Nr. 749 (47.353.570)
    Über dir stehts
    Avatar
    silverfreaky
    schrieb am 22.07.14 19:15:41
    Beitrag Nr. 748 (47.353.562)
    Hat jemand eine Ahnung wieso Pretium so abschmiert?
    Avatar
    boersenbrieflemming
    schrieb am 22.07.14 19:04:58
    Beitrag Nr. 747 (47.353.506)
    Pretium prices offering at $7.25 (U.S.) a share


    2014-07-22 10:28 ET - News Release


    Mr. Robert Quartermain reports

    PRETIVM PRICES OFFERING OF COMMON SHARES

    Pretium Resources Inc. entered into an underwriting agreement today with a syndicate of underwriters, in connection with its previously announced marketed offering of common shares.

    The underwriters have agreed to purchase 8.28 million common shares at a price of $7.25 (U.S.) per common share for gross proceeds of $49,524,750 (U.S.) for the company and $10,505,250 (U.S.) for Silver Standard Resources Inc. (as defined below). The company will offer 6,831,000 of the common shares in the offering. The remaining 1,449,000 of the common shares in the offering will be offered by Silver Standard as selling shareholder, pursuant to its existing registration rights that permit Silver Standard to participate in offerings of securities by the company in an amount equal to the total number of common shares being offered multiplied by Silver Standard's current ownership percentage. The offering will be made under a prospectus supplement dated July 22, 2014, to the company's short-form base-shelf prospectus dated July 16, 2014, to be filed with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec. The supplement will also be filed with the U.S. Securities and Exchange Commission (SEC) as part of a registration statement on Form F-10 in accordance with the multijurisdictional disclosure system established between Canada and the United States.

    The company and Silver Standard have also proportionately granted the underwriters an overallotment option to purchase up to an additional aggregate of 1,242,000 common shares at the offering price, exercisable for a period of 30 days following closing. Scotia Capital Inc. is the lead underwriter in a syndicate that includes BMO Nesbitt Burns Inc., CIBC World Markets Inc., Cormark Securities Inc., GMP Securities LP, RBC Dominion Securities Inc., Citigroup Global Markets Canada Inc., Cowen & Company LLC, Roth Capital Partners LLC, H.C. Wainwright & Co. LLC and Salman Partners Inc.

    The net proceeds of the offering will be used to finance environmental and engineering activities at the Brucejack project, to finance permitting of the Brucejack project, to finance continued exploration activities at the Brucejack project, and for general corporate purposes. The company will not receive any of the proceeds from the sale of common shares by Silver Standard.

    Closing of the offering will be subject to a number of conditions, including approval of the Toronto Stock Exchange and the New York Stock Exchange.

    A copy of the supplement and the short-form base-shelf prospectus may be obtained in Canada from Scotia Capital Inc., attention: Equity Capital Markets (telephone number 416-862-5837), Scotia Plaza, 66th floor, 40 King St. West, M5W 2X6, Toronto, Ont.; or in the United States, attention: Equity Capital Markets (telephone number: 212-225-6853), 250 Vesey St., 24th floor, New York, N.Y., 10281.

    We seek Safe Harbor.
    Avatar
    boersenbrieflemming
    schrieb am 10.07.14 21:32:13
    Beitrag Nr. 746 (47.293.070)
    Sie müssen damit nicht mehr jede Finanzierung einzeln ankündigen (so ich es richtig in Erinnerung habe ... bis zu einem Volumen von 600 Mio. USD).
    Avatar
    Global-Player83
    schrieb am 09.07.14 08:37:42
    Beitrag Nr. 745 (47.281.738)
    Kann man jmd. Base shelf prospectus erklären?
    Avatar
    boersenbrieflemming
    schrieb am 02.07.14 13:41:27
    Beitrag Nr. 744 (47.246.924)
    Pretium submits Brucejack EA certificate application

    Pretium Resources Inc (C:PVG)
    Shares Issued 108,476,377
    Last Close 6/30/2014 $8.83
    Wednesday July 02 2014 - News Release

    Mr. Joseph Ovsenek reports

    PRETIVM SUBMITS APPLICATION FOR ENVIRONMENTAL ASSESSMENT CERTIFICATE; FILES NI 43-101 FEASIBILITY STUDY AND TECHNICAL REPORT

    Pretium Resources Inc. has submitted the environmental assessment certificate application to the British Columbia Environmental Assessment Office for its high-grade gold Brucejack project.

    The 30-day screening period to ensure that the application is complete has now commenced. Once the application has been accepted, the B.C. EAO has a 180-day period to complete a review with the involvement of a working group including representatives of first nations, local governments and other government agencies. The B.C. EAO then prepares an assessment report for a decision by the Minister of Environment and the Minister of Energy and Mines.

    In co-ordination with the B.C. provincial permitting process, the Canadian Environmental Assessment Agency will review the environmental impact statement, which the company expects to submit this month.

    The Brucejack project has been proposed as a 2,700-tonne-per-day underground gold mine.

    Additionally, the company has filed on SEDAR the National Instrument 43-101 feasibility study and technical report update referenced in the news release dated June 19, 2014, highlighting the positive results of the updated feasibility study for the Brucejack project.

    The technical report, dated June 19, 2014, will also be available on Pretium's website.
    Avatar
    boersenbrieflemming
    schrieb am 24.06.14 19:16:32
    Beitrag Nr. 743 (47.202.298)
    GOLD: Pretium's new Brucejack numbers better than ever

    TEXT SIZE bigger text smaller text 2014-06-23
    BRITISH COLUMBIA – Pretium Resources of Vancouver has updated the feasibility study for the Brucejack gold project 60 km north of Stewart, and the economics are positive for a high grade underground gold mine. Over an expected life of 18 years, the project is expected to yield 7.27 million oz of gold. Output will average 504,000 oz annually during the first eight years.

    The estimated capital cost, including contingencies, to build the project is US$746.9 million. Over the life of the mine, average operating costs are estimated to be C$163.04/tonne milled.

    The foregoing estimates represent the base case using US$1,100/oz gold and US$17/oz silver. The pre-tax net present value with a 5% discount is US$2.25 billion and the internal rate of return of 34.7%. The project would pay for itself in 2.7 years.

    Bumping up the gold price to US$1,400/oz and the silver price to US$21/oz, the pre-tax NPV at 5% becomes US$3.54 billion and the IRR rises to 47.0%. The pre-tax payback period would shrink to two years.

    For the updated feasibility study, Pretium increased the Valley of the Kings proven and probable reserves to 13.6 million tonnes grading 15.7 g/t Au containing 6.9 million oz. The West zone proven and probable reserves are 2.9 million tonnes grading 6.9 g/t containing 600,000 oz of gold.



    http://www.canadianminingjournal.com/news/gold-pretiums-new-…
    Avatar
    boersenbrieflemming
    schrieb am 20.06.14 11:23:09
    Beitrag Nr. 742 (47.182.516)
    Der Veröffentlichungszeitpunkt ... heute 2:49 via Stockwatch ist ebenfalls interessant. ;-)
    Avatar
    boersenbrieflemming
    schrieb am 20.06.14 11:19:51
    Beitrag Nr. 741 (47.182.494)
    Etwas besser als die vorherige Studie (gerade in Bezug auf Grade), insgesamt sensationell ... aber einige (überzogene) Erwartungen werden nicht ganz erfüllt werden.

    Pretium releases NI 43-101 Brucejack feasibility study

    Pretium Resources Inc (C:PVG)
    Shares Issued 108,476,377
    Last Close 6/18/2014 $7.84
    Thursday June 19 2014 - News Release

    Mr. Robert Quartermain reports

    PRETIUM RESOURCES INC.: UPDATED FEASIBILITY STUDY FOR BRUCEJACK PROJECT CONFIRMS POSITIVE ECONOMICS

    Pretium Resources Inc. has released the results of an updated National Instrument 43-101-compliant feasibility study completed by Tetra Tech for the Brucejack project in Northern British Columbia. The report, which includes updated metals prices, currency exchange rate, and costs, confirms the positive economics for a high-grade gold underground mine at Brucejack.

    Feasibility Study Highlights


    -- Increase in Valley of the Kings Mineral Reserve gold grade:
    -- Valley of the Kings Proven and Probable Mineral Reserves of 6.9
    million ounces of gold (13.6 million tonnes grading 15.7 grams of
    gold per tonne)
    -- West Zone Proven and Probable Mineral Reserves of 0.6 million ounces
    of gold (2.9 million tonnes grading 6.9 grams of gold per tonne);
    -- Gold and silver recoveries of 96.7% and 90.0% over mine life;
    -- Mine life of 18 years producing an estimated 7.27 million ounces of
    gold;
    -- Average annual production of 504,000 ounces of gold over the first 8
    years and 404,000 ounces of gold over mine life;
    -- Estimated project capital cost, including contingencies, of US$746.9
    million;
    -- Average operating costs of C$163.05/tonne milled over mine life;
    -- Base case economics: At US$1,100/ounce gold, US$17/ounce silver and
    exchange rate of 0.92 US$/C$, Brucejack has a pre-tax net present value
    ("NPV") at a 5% discount of US$2.25 billion (US$1.45 billion post-tax),
    a pre-tax internal rate of return ("IRR") of 34.7%, and a pre-tax
    payback period of 2.7 years;
    -- Alternative high case economics: At US$1,400/ounce gold, US$21/ounce
    silver and exchange rate of 0.92 US$/C$, Brucejack has a pre-tax NPV at
    a 5% discount of US$3.54 billion (US$2.28 billion post-tax), a pre-tax
    IRR of 47%, and a pre-tax payback period of 2 years.

    Table 1: Summary of Brucejack Economic Results by Metal Price

    Low Case Base Case High Case
    ----------------------------------------------------------------------------
    Gold Price (US$/ounce) $800 $1,100 $1,400
    ----------------------------------------------------------------------------
    Silver Price (US$/ounce) $15.00 $17.00 $21.00
    ----------------------------------------------------------------------------
    Net Cash Flow (US$) $2.02 billion $4.16 billion $6.35 billion
    (pre-tax) (pre-tax) (pre-tax)
    $1.34 billion $2.72 billion $4.13 billion
    (post-tax) (post-tax) (post-tax)
    ----------------------------------------------------------------------------
    Net Present Value(1) $985 million $2.25 billion $3.54 billion
    (5.0% discount) (US$) (pre-tax) (pre-tax) (pre-tax)
    $620 million $1.45 billion $2.28 billion
    (post-tax) (post-tax) (post-tax)
    ----------------------------------------------------------------------------
    Internal Rate of Return 20.3% (pre-tax) 34.7% (pre-tax) 47%(pre-tax)
    16.5% (post- 28.5% (post- 38.7% (post-
    tax) tax) tax)
    ----------------------------------------------------------------------------
    Payback (from start of 4.4 years (pre- 2.7 years (pre- 2.0 years (pre-
    production period) tax) tax) tax)
    4.5 years 2.8 years 2.1 years
    (post-tax) (post-tax) (post-tax)
    ----------------------------------------------------------------------------
    Exchange Rate (US$:C$) 0.92 0.92 0.92
    ----------------------------------------------------------------------------
    (1) NPV is discounted to July 2014.


    Project Mineral Reserves

    The Mineral Reserves resulting from the Feasibility Study for the Brucejack Project are based on the December 2013 Mineral Resource estimates for the Valley of the Kings and the West Zone (see news release dated December 19, 2013). The Mineral Reserve estimates by zone and Reserve category are summarized below.

    Table 2: Valley of the Kings Mineral Reserve Estimate(2)(3) - June 2014


    ----------------------------------------------------------------------------
    Contained
    ----------------------------
    Tonnes Gold Silver Gold Silver
    Category (millions) (g/t) (g/t) (million oz) (million oz)
    ----------------------------------------------------------------------------
    Proven 2.1 15.6 12 1.1 0.8
    ----------------------------------------------------------------------------
    Probable 11.5 15.7 10 5.8 3.9
    ----------------------------------------------------------------------------
    Total P&P 13.6 15.7 11 6.9 4.6
    ----------------------------------------------------------------------------
    (2) Rounding of some figures may lead to minor discrepancies in totals
    (3) Based on C$180/t cutoff grade, US$1,100/oz Au price, US$17/oz Ag price,
    C$/US$exchange rate = 0.92


    Table 3: West Zone Mineral Reserve Estimate(4) - June 2014


    ----------------------------------------------------------------------------
    Contained
    ----------------------------
    Tonnes Gold Silver Gold Silver
    Category (millions) (g/t) (g/t) (million oz) (million oz)
    ----------------------------------------------------------------------------
    Proven 1.4 7.2 383 0.3 17.4
    ----------------------------------------------------------------------------
    Probable 1.5 6.5 181 0.3 8.6
    ----------------------------------------------------------------------------
    Total P&P 2.9 6.9 279 0.6 26.0
    ----------------------------------------------------------------------------
    (4) See notes (2) and (3) to Table 2 above.


    Mining and Processing

    Brucejack is planned as a high-grade underground mining operation using the long-hole stoping mining method and cemented paste backfill. The Valley of the Kings, the higher-grade, primary targeted deposit, will be developed first; the lower-grade West Zone will be developed in the second half of the Project's 18-year mine life. The mine is planned to operate with a processing rate of 2,700 tonnes per day and mine a total of 16.5 million tonnes of ore for the 18 years at an average mill feed grade of 14.1 grams gold per tonne.

    Mineral processing will involve conventional gravity concentration and sulphide flotation, producing gold-silver dore and gold-silver flotation concentrate. Metallurgical recoveries for the Valley of the Kings are projected to be 96.9% for gold and 84.7% for silver, and for the West Zone 95.1% for gold and 91.0% for silver. A total of 7.27 million ounces of gold and 27.63 million ounces of silver is estimated to be produced over the life of the Brucejack Project, including the gold and silver recovered into the flotation concentrate.

    The Project's projected production and processing is summarized in Table 4 below.

    Table 4: Brucejack Project Total Mine Projected Production and Processing Summary(5)

    Gold Silver Gold Silver
    Tonnage grade grade Production Production
    Year (t) (g/t) (g/t) ('000 ounces) ('000 ounces)
    ----------------------------------------------------------------------------
    1 839,000(6) 15.4 11.7 403 268
    ----------------------------------------------------------------------------
    2 995,000 15.2 11.7 470 318
    ----------------------------------------------------------------------------
    3 995,000 16.7 12.8 519 349
    ----------------------------------------------------------------------------
    4 984,000 15.9 9.9 488 263
    ----------------------------------------------------------------------------
    5 988,000 16.9 11.0 521 296
    ----------------------------------------------------------------------------
    6 999,000 17.5 10.6 545 287
    ----------------------------------------------------------------------------
    7 986,000 17.8 11.8 547 319
    ----------------------------------------------------------------------------
    8 996,000 17.5 11.7 542 319
    ----------------------------------------------------------------------------
    9 994,000 14.9 10.2 461 276
    ----------------------------------------------------------------------------
    10 987,000 15.5 11.2 476 302
    ----------------------------------------------------------------------------
    Years 11-18 6,788,000 11.0 124.5 2,303 24,630
    ----------------------------------------------------------------------------
    Life of Mine
    (Years 1-18) 16,550,000 14.1 57.7 7,274 27,626
    ----------------------------------------------------------------------------
    (5) Rounding of some figures may lead to minor discrepancies in totals.
    (6) Tonnage includes pre-production ore.

    Capital and Operating Costs

    The capital cost for the Brucejack high-grade project is estimated at US$746.9 million, including a contingency of US$69.0 million. Capital costs are summarized in Table 5 below.

    Table 5: Capital Costs Summary


    ----------------------------------------------------------------------------
    (US$ million)
    ----------------------------------------------------------------------------
    Mine underground 179.5
    ----------------------------------------------------------------------------
    Mine site(7) 210.8
    ----------------------------------------------------------------------------
    Offsite Infrastructure 89.1
    ----------------------------------------------------------------------------
    Total Direct Costs 479.4
    ----------------------------------------------------------------------------
    Indirect Costs 127.5
    ----------------------------------------------------------------------------
    Owner's Costs 71.0
    ----------------------------------------------------------------------------
    Contingency 69.0
    ----------------------------------------------------------------------------
    Total Capital Cost 746.9
    ----------------------------------------------------------------------------

    (7) Includes mine site, mine site process, mine site utilities, mine site
    facilities, tailings facilities, mine site temporary facilities and
    surface mobile equipment.

    Average operating cost is estimated at C$163.05 per tonne milled. Operating costs are summarized in Table 6 below.

    Table 6: Operating Costs Summary


    ----------------------------------------------------------------------------
    (C$/tonne)
    ----------------------------------------------------------------------------
    Mining 91.34(8)
    ----------------------------------------------------------------------------
    Processing 19.69
    ----------------------------------------------------------------------------
    General & Administrative 30.87
    ----------------------------------------------------------------------------
    Surface Services and Others 21.15
    ----------------------------------------------------------------------------
    Total Operating Cost 163.05
    ----------------------------------------------------------------------------
    (8) LOM ore milled; if excluding the ore mined during preproduction, the
    estimated cost is C$91.78/t.

    All-in sustaining cash costs, which include by-product cash costs, sustaining capital, exploration expense and reclamation cost accretion are summarized in Table 7 below.


    Table 7: All-In Sustaining Cash Costs Life of Mine


    ----------------------------------------------------------------------------
    (US$ million)
    ----------------------------------------------------------------------------
    Total Cash Costs(9) 2,814.5
    ----------------------------------------------------------------------------
    Reclamation Cost Accretion 27.5
    ----------------------------------------------------------------------------
    Sustaining Capital Expenditure 320.6
    ----------------------------------------------------------------------------
    All-in Sustaining Cash Costs 3,162.6
    ----------------------------------------------------------------------------
    Gold Sales 7,067
    ----------------------------------------------------------------------------
    All-in Sustaining Cash Costs per Ounce US$448/ounce
    ----------------------------------------------------------------------------
    (9) Net of silver credits at Base Case silver price of $US17/ounce.


    2014 Feasibility Study Compared to 2013 Feasibility Study

    The operating parameters contemplated for a high-grade gold underground mine at Brucejack have remained fundamentally unchanged from the June 2013 feasibility study, with updates primarily reflecting more current metals prices and Canadian dollar exchange rate, and the updated December 2013 Mineral Resource estimate for the Valley of the Kings. Additionally, the experience from mining and processing the 10,000-tonne bulk sample from the Valley of the Kings and operating the site year-round for three years has informed the study both on a technical and economic basis. A comparison of the 2014 feasibility study and 2013 feasibility study is summarized below.

    -- Increase in overall reserve gold grade and the addition of the Proven
    Reserves category for the Valley of the Kings;
    -- Slightly higher metal recoveries;
    -- Mine life decreases from 22 years to 18 years due to higher grade, lower
    tonnage;
    -- Through-put of 2,700 tonnes per day unchanged;
    -- Updated metals prices and exchange rate:
    -- 2014 study uses US$1,100 gold/US$17 silver and 0.92US$:1C$
    -- 2013 study used US$1,350 gold/US$20 silver and 1US$:1C$
    -- Estimated capital cost has increased by 12.6% in US dollar terms,
    reflecting a depreciation in the Canadian dollar;
    -- Estimated capital cost increase primarily related to power, camp size,
    temporary facilities, water and sewerage treatment, waste disposal, and
    owner's costs;
    -- Unit operating cost has increased nominally.

    "Brucejack will be a high-grade, low-cost producer with average annual production of over 500,000 ounces of gold in the first 8 years," said President and CEO Robert Quartermain. "Even in an uncertain gold price environment, Brucejack can deliver high margins, and from a safe jurisdiction."

    Permitting, Project Timeline, Financing

    We expect to file our Environmental Assessment Certificate application with the British Columbia Environmental Assessment Office ("BCEAO") by the end of June. Once filed, the application will be evaluated for completeness over a 30-day period by BCEAO with the involvement of a working group including representatives of First Nations and local governments and other government agencies. Once the application has been accepted, the BCEAO has a maximum of 180 days to complete its review and prepare an assessment report for a decision by the Minister of Environment and the Minister of Energy and Mines.

    In coordination with the British Columbia provincial permitting process, the Canadian Environmental Assessment Agency will review the Environmental Impact Statement ("EIS"), which we expect to submit this July. Provincial and federal approval of the EAC application and EIS, respectively, allow for the issuance of the statutory permits and authorizations to begin construction of a mine at Brucejack.

    In consideration of the current permitting status of the Project and the updated construction timeline contemplated in the feasibility study, we now anticipate commercial production at Brucejack to commence in 2017.

    We will begin the process of evaluating financing options in the fall.

    The Technical Report for the Brucejack Project Feasibility Study is expected to be filed on SEDAR within 45 days and will also be available at www.pretivm.com.
    Avatar
    boersenbrieflemming
    schrieb am 19.06.14 23:48:46
    Beitrag Nr. 740 (47.180.522)
    Nächste Woche rechne ich fest mit dem FS-Update - hoffentlich in steigende Goldkurse hinein.
    Avatar
    boersenbrieflemming
    schrieb am 04.06.14 13:40:46
    Beitrag Nr. 739 (47.100.442)
    Pretium drills 10.93 m of 43.57 g/t Au at Kings

    Pretium Resources Inc (C:PVG)
    Shares Issued 108,476,377
    Last Close 6/3/2014 $7.16
    Wednesday June 04 2014 - News Release

    Mr. Robert Quartermain reports

    PRETIUM RESOURCES INC.: VALLEY OF THE KINGS EXPLORATION PROGRAM UNDERWAY; PROJECT UPDATE

    Pretium Resources Inc. has released initial results from surface drilling in the Valley of the Kings and has provided updates for the Brucejack project.

    Exploration

    A surface drilling program comprising three deep geological holes collared near the Brucejack camp and drilled to the south is now underway to test gold mineralization at depth in the Valley of the Kings. The results from hole SU-627 (1,158 meters) confirm that the gold mineralization extends below the block model for the December 2013 Valley of the Kings Mineral Resource estimate, and demonstrate the significant untested exploration potential at the Valley of the Kings. Assay results from SU-627 are in Table 1 below.

    The high-grade gold intersections encountered between 500 meters and 600 meters down hole in SU-627 are interpreted to be the down dip extension of the northern part of the Valley of the Kings. The mineralization encountered at depth from 900 meters to 1,121 meters down hole is over 500 meters below the deepest intersections used in the December 2013 Valley of the Kings Mineral Resource estimate.

    Drilling in hole SU-628 (750 meters) has been completed, and drilling in hole SU-629 (900 meters planned) has just begun. For a section view of the surface drill program shown in relation to the 2013 Valley of the Kings Mineral Resource estimate please see the following link: http://media3.marketwire.com/docs/950066-F1.pdf.

    Assay results from drilling will continue to be reported as they are received.

    Underground drilling in the Valley of the Kings from the 1345-level access ramp planned to target a deep zone of Indicated mineral resources is scheduled to commence in July following completion of infrastructure upgrades at site.

    Table 1: Selected Valley of the Kings Drill Results, June 2014 (SU-627)(1,2,3)



    Hole        Dip/            From          To   Interval       Gold    Silver
    No. Azimuth (meters) (meters) (meters) (g/t) (g/t)

    SU-627 -65/180 513.00 523.93 10.93 43.57 29.22

    incl 522.22 523.93 1.71 270.42 92.63

    or 522.22 522.72 0.50 531.00 200.00

    or 522.72 523.22 0.50 156.00 65.10

    or 523.22 523.93 0.71 167.50 36.40

    585.85 586.35 0.50 26.00 37.70

    712.12 712.62 0.50 5.54 881.00

    944.50 946.00 1.50 5.97 2.00

    1,006.00 1,007.50 1.50 6.22 2.10

    1,066.00 1,069.00 3.00 3.01 3.05

    1,120.00 1,121.50 1.50 5.21 2.30

    (1) True thickness to be determined.
    (2) Unless otherwise indicated as uncut, all gold assays over 540 g/t were
    cut to 540 g/t.
    (3) All samples were submitted for preparation and analysis by ALS Chemex at
    its facilities in Terrace, B.C. All samples were analyzed using multi-
    digestion with ICP finish and fire assay with AA finish for gold.
    Samples over 100 ppm silver were reanalyzed using four acid digestion
    with an ore grade AA finish. Samples over 1,500 ppm silver were fire
    assayed with a gravimetric finish. Samples with over 10 ppm gold were
    fire assayed with a gravimetric finish. One in 20 samples was blank, one
    in 20 was a standard sample, and differing one in 20 samples was a field
    duplicate half split core assayed at ALS Chemex in Vancouver, B.C.

    Permitting

    We remain on track finalizing our Environmental Assessment Certificate application and expect to file it with the British Columbia Environmental Assessment Office ("BCEAO") by the end of June. Once filed, the application will be evaluated for completeness over a 30-day period by BCEAO with the involvement of a working group including representatives of First Nations and local governments and other government agencies. Once the application has been accepted, the BCEAO has a maximum of 180 days to complete its review and prepare an assessment report for a decision by the Minister of Environment and the Minister of Energy and Mines.

    In coordination with the British Columbia provincial permitting process, the Canadian Environmental Assessment Agency will review the Environmental Impact Statement ("EIS"), which we expect to submit this July. Provincial and federal approval of the EAC application and EIS, respectively, allow for the issuance of the statutory permits and authorizations to begin construction of a mine at Brucejack.

    Amended Feasibility Study

    The amended Brucejack Project feasibility study for a 2,700 tonnes-per-day underground mine is on track for completion in June. The June 2013 Feasibility Study for the Brucejack Project is being amended based on the Valley of the Kings December 2013 Mineral Resource estimate using base case metal prices of $1,100 per ounce gold and $17 per ounce silver and a Canadian:US Dollar exchange rate of 0.92.

    Kenneth C. McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, Pretium Resources Inc. is the Qualified Person (QP) responsible for the Brucejack Project exploration program. Ian I Chang, M.A.Sc., P.Eng., Vice President, Project Development, Pretium Resources Inc. is the Qualified Person (QP) responsible for Brucejack Project development.

    We seek Safe Harbor.

    © 2014 Canjex Publishing Ltd.
    Avatar
    boersenbrieflemming
    schrieb am 16.05.14 23:33:43
    Beitrag Nr. 738 (46.999.748)
    Golden Opportunities In the Junior Space

    (...)

    Pretium Resources ($PVG) -- US$7.24, PVG.TO, C$7.92, US$785.4 million market cap
    The Pretium story is simple: a group of serially successful geologists have made an extraordinarily large and spectacularly high-grade discovery in an area called Valley of the Kings, which is part of the company’s flagship Brucejack gold project in mining-friendly Canada.
    We’re not talking about grams of gold per tonne (g/t) here, or even ounces, but kilos of gold per tonne in many drill intersections. And we’re not talking about a small, rich “sweet spot,” but a monster gold system with more than 6.6 million ounces of gold in Proven & Probable mining reserves, averaging 13.6 g/t gold, within 13.6 million ounces of gold in all resource categories, averaging 20.5 g/t gold.
    There are 1.7 million more ounces at the project’s West Zone. Both zones are wide open for expansion—and are adjacent to 35 million ounces of bulk-grade gold in Pretium’s Snowfield gold project (which itself is adjacent to Seabridge Gold’s 63.9-million-ounce bulk-grade KSM deposit).
    To give you an idea how rare a bird this is, a recent report shows 26 gold deposits larger than one million ounces—just 26 in the entire world—that have more than 10 grams of gold per tonne of ore.
    There are only 11 such deposits above 15 g/t, which the Valley of the Kings zone beats, if you consider its 8.7 million ounces of Measured & Indicated gold averaging 17.6 g/t. To count publicly reported gold deposits that are both larger and higher grade than Pretium’s Valley of the Kings, you only need one finger.
    That’s right: just one.
    Pretium’s Valley of the Kings is the richest gold discovery in the last 10 years, and one of the richest in recorded history.
    But that’s just the beginning. A deposit this rich will pay for many faults and still make for a highly profitable mine, but there are many questions to answer before one can say so. Is there a lot of mercury, arsenic, or other toxic elements in the mix? Is there a national park or endangered species living on top of the deposit? Is the local government likely to steal the mine if one builds it?
    I don’t have space in this column to deliver an entire “Casey 8 Ps” analysis of the company, but the questions above have been thoroughly addressed in the company’s June 2013 feasibility study. That study is being updated in view of the company’s late 2013 bulk sample, which produced almost 50% more gold than the company’s estimates predicted.
    Pretium also discovered more gold veins when it went underground for the bulk sample, and is incorporating those and other new discoveries into its mine plan.
    Nevertheless, and despite what is a somewhat aggressive—at the moment—gold price assumption of $1,350 per ounce, the study yields some terrific results, including:
    After tax net present value (NPV-5% discount) of $1.8 billion
    After tax internal rate (IRR) of return of 35.7%
    Project finance payback in 2.2 years
    Mine life of 22 years, at an annual rate of 425,700 oz. per year
    All-in sustaining cost of $508 per oz.
    Critical point: even at an unrealistically low $800 gold price, the project still makes money (IRR of 13.7%).
    In short, this project has all the signs of a world-class, high-margin gold mine in the making, at a rate of production large enough to make Pretium of interest as an acquisition target for any of the world’s major gold producers.
    That’s particularly important today, because one of those major producers, Goldcorp ($GG) ($G:CA), just lost out in a bidding war over Canada’s Osisko Mining ($OSK:CA). Goldcorp has shown its appetite for acquiring large, world-class assets while prices are down, and it has a good $3 billion in working capital to pursue them.
    It’s hard to imagine a more attractive takeover target than Pretium—and if that happens, these shares could easily jump 20% to 30% in a day.
    That’s no exaggeration; just look at Osisko’s stock chart, and you’ll see that it jumped more than 20% when Goldcorp made its offer last January and is close to doubling since then.
    But the beauty of the situation is that Pretium doesn’t need to get bought out in order to hand us a major win; the company is fully funded for this year’s work advancing the project, and even has a little cash flow coming from a small amount of (very high-grade) mining allowed under its exploration permit. Given the exceptionally high rate of return on investment the Brucejack project boasts, we think the company will be able to obtain bank and other financing to build the mine and become a highly profitable mid-tier gold mining company.
    Investors who buy now win either way, which is why this company is one of those listed in our special report, 7 Must-Own Mining Stocks for 2014, which you get free if you try a risk-free subscription to the International Speculator today.
    You can read all the details about Pretium in that report, but there’s one more thing I should tell you, in case you decide not to subscribe; there’s a reason besides gold’s correction that these shares are selling for less than half of what they were a couple years ago.
    It’s quite the drama, actually; last October, one of Pretium’s consulting engineering firms (a highly respected firm in its field) quit the job abruptly. On the way out, they basically said that the Brucejack resource estimate was bogus—that the deposit wasn’t really there!
    That’s pretty extreme, but even more extreme was the consultants saying that, based on their statistical analysis, the Valley of the Kings bulk sample then under way should be stopped, being a waste of time and money. Management and a second consulting firm that made the resource estimate calculations (also highly respected) said they wanted to see the proof in the pudding of the bulk sample.
    And a good thing, too, because their view was fully validated by the bulk sample; instead of the 4,000 ounces the bulk sample was originally estimated to produce, the sample actually yielded 5,865 ounces of gold—and that in a toll mill in Montana, not optimized for Brucejack ore.
    Of course, that took time to show, and before the company could prove its point, a ridiculous number of ambulance-chasers announced class-action lawsuits on behalf of shareholders, and the whole circus took this formerly $17.92 stock all the way down to $3.10.
    Now, I have known management at Pretium for many years, and was dead certain they were not faking their deposit, so I doubled down. (Yes, I personally own shares in the company; I bought them after recommending the stock to subscribers, and I am not allowed to sell them before giving subscribers a chance to do so first.) Many International Speculator subscribers were able to buy shares close to the $3 mark and have more than doubled their money on those investments since then. Because I was right: the bulk sample results vindicated management—and added a significant amount of cash to the till. The company is back in the race today.
    But it’s not too late to build a position in this great company with the discovery of the decade in hand. Due to gold’s continuing fluctuations, the shares are still selling for not much more than they were at IPO—before the company made its record-smashing Valley of the Kings discovery.
    Remember; a Ferrari is a Ferrari, value is value, and when you can buy a high-margin $1.8 billion asset for $785 million (or US$7.24 or C$7.92 per share), that’s a bargain.
    To find out more about Pretium and our six other 7 Must-Own Mining Stocks for 2014, I encourage you to subscribe to the International Speculator today. Remember that you have three full months to check out our newsletter, and if you’re not happy with it, cancel any time within those three months for a full refund.
    Or, if you decide to just buy or watch the stock to test us out, that’s fine too; I sincerely hope you’ll make a bunch of money, and come back for more.
    By Louis James
    Chief Metals & Mining Investment Strategist
    Casey Research

    http://www.equities.com/editors-desk/stocks/materials/golden…
    Avatar
    boersenbrieflemming
    schrieb am 16.05.14 13:55:26
    Beitrag Nr. 737 (46.995.966)
    PRETIVM ANNOUNCES NEW DIRECTOR

    05/16/2014
    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2014) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce that Mr. Peter Birkey was elected to the Board of Directors at its Annual General Meeting held on May 14, 2014.

    Peter Birkey is an Investment Executive who has over twenty years of experience investing in the financial markets and advising both public and private companies. Mr. Birkey was an Executive Vice President for Liberty Mutual Asset Management responsible for all Strategy, Public Markets, Risk Management, Real Estate and Special Situations. Prior to this, he was a Senior Vice President for AmerUs Capital Management (now Aviva USA) and a Portfolio Manager for AEGON USA. Mr. Birkey earned an MBA in Finance and Marketing with the highest honors from the University of Chicago. He is also a Chartered Financial Analyst and holds a Bachelors degree in Economics and Business Administration from Coe College.

    "We welcome Peter, who brings depth with his financial experience to Pretivm's Board as we advance our Brucejack Project to production," said President and CEO Robert Quartermain.

    Mr. Birkey, who was nominated by Liberty Metals & Mining Holding, LLC under the terms of its existing shareholder rights agreement, will serve on the Board's Audit committee.
    Avatar
    boersenbrieflemming
    schrieb am 14.05.14 22:13:35
    Beitrag Nr. 736 (46.983.266)
    PRETIVM REPORTS FIRST QUARTER 2014 RESULTS

    05/14/2014
    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 14, 2014) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the following highlights from the first quarter of 2014 and updates for the high-grade gold Brucejack Project in northern British Columbia.

    First Quarter 2014 Highlights and Significant Events

    On February 20, 2014, we announced a private placement (the "Offering") with a syndicate of agents for 568,182 Investment Tax Credit flow-through common shares of Pretivm at a price of $8.80 per share and 1,863,355 Canadian Exploration Expense flow-through common shares of Pretivm (the "CEE Flow-Through Shares") at a price of $8.05 per share for aggregate gross proceeds of $20 million. The agents were granted an option (the "Agent's Option") to purchase, or arrange for substituted purchasers, for up to 745,342 additional Canadian Exploration Expense flow-through common shares at the issue price at any point up until 14 days following the closing.
    In March 2014, we announced the increase of the Agent's Option by 248,448 CEE Flow-Through Shares and the exercise of the Agent's Option in full and closed the Offering in three tranches for gross proceeds of approximately $28 million.
    On March 10, 2014, we announced the appointment of James A. Currie as our Chief Operating Officer who will lead the development of the high-grade gold Brucejack Project into production as an underground mine and the promotion of Joseph J. Ovsenek, Chief Development Officer, to Executive Vice President.
    Working capital at March 31, 2014 was $28.1 million plus pending gold sale receipts from the 2013 Valley of the Kings Bulk Sample Program.
    Subsequent to the end of the quarter, on April 16, 2014, we announced, among other things, that we expected to file our Environmental Assessment Certificate application ("EAC application") this quarter once we receive the final Application Information Requirements from the British Columbia Environmental Assessment Office ("BCEAO"). We also announced that the 1,000 tonnes of bagged material from the 2013 Valley of the Kings exploration program was processed at the Contact Mill in Montana and produced gravity and flotation concentrates containing approximately 3,120 ounces of gold, with final gold production subject to remaining assays and final establishment of weights and assays and settlement.
    Brucejack Project Permitting

    On May 2nd we received the approved Application Information Requirements from the BCEAO which advances us to the stage of filing our provincial EAC application for the Brucejack Project. We are now reviewing and finalizing our EAC application and expect to file it with the BCEAO this quarter. Once filed, the application will be evaluated for completeness over a 30-day period by BCEAO with the involvement of a working group including representatives of First Nations and local governments and other government agencies. Once the application has been accepted, the BCEAO has a maximum of 180 days to complete its review and prepare an assessment report for a decision by the Minister of Environment and the Minister of Energy and Mines.

    In coordination with the British Columbia provincial permitting process, the Canadian Environmental Assessment Agency will review the Environmental Impact Statement ("EIS"), which we will submit concurrently with the provincial EAC application. Provincial and federal approval of the EAC application and EIS, respectively, allow for the issuance of the statutory permits and authorizations to begin construction of a mine at Brucejack.

    Amended Feasibility Study

    The June 2013 Feasibility Study for the Brucejack Project is currently being amended based on the Valley of the Kings December 2013 Mineral Resource estimate using base case metal prices of $1,100 per ounce gold and $17 per ounce silver and a Canadian:US Dollar exchange rate of 0.92.

    As part of the amendment, we have carried out various trade-off studies to manage capital costs, including staged development of the Project. The trade-off study on staged development has been completed and has shown a nominal difference in capital cost. Accordingly, Brucejack will be advanced as a 2,700 tonnes per day mine as previously planned. The amended Brucejack Project feasibility study is on track for completion in June.

    2014 Exploration Program

    The 2014 exploration program at Brucejack has been planned with a focus on continued resource definition in the Valley of the Kings and includes 15,000 meters of underground infill and step-out drilling to the east and west. The design of an access ramp from the 1345-meter level access ramp to the 1260-meter level has been finalized and a drill has been mobilized to site.

    A total of 3,120 ounces of gold was produced from processing 1,000 tonnes of exploration ore excavated in 2013 (see news release dated April 16, 2014). An additional 1,000 tonnes of material from the Valley of the Kings is permitted to be excavated and processed in 2014, and we are currently evaluating the optimal high-grade target area for this program.

    Ian I Chang, M.A.Sc., P.Eng., Vice President, Project Development, Pretium Resources Inc. is the Qualified Person (QP) responsible for Brucejack Project development. Kenneth C. McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, Pretium Resources Inc. is the Qualified Person (QP) responsible for the Brucejack Project exploration program.

    With our current working capital, and pending gold sale receipts and successful completion of our private placement, we believe we will have sufficient funds for our current planned expenditures on our Projects, updating our feasibility study and funding our permitting activities as we advance the Brucejack Project to production.

    Pretivm's audited consolidated financial statements and Management Discussion and Analysis for the quarter ended March 31, 2014 will be filed on SEDAR and available on Pretivm's web site www.pretivm.com.

    About Pretivm

    Pretivm is creating value through gold at its high-grade gold Brucejack Project, located in northern British Columbia. Permitting of a high-grade underground gold mine at Brucejack is underway, with commercial production targeted to commence in 2016.
    Avatar
    JamesMcFly
    schrieb am 12.05.14 22:22:48
    Beitrag Nr. 735 (46.967.464)
    Antwort auf Beitrag Nr.: 46.967.152 von boersenbrieflemming am 12.05.14 21:34:39Die letzte FS sucht ja schon ihres gleichen, wird spannend. buyout ist natürlich auch immer ein thema(wunsch):)

    JMF
    Avatar
    boersenbrieflemming
    schrieb am 12.05.14 21:34:39
    Beitrag Nr. 734 (46.967.152)
    Nun, diese angeblichen "dutzend Klagen" gibt es ja auch nicht.
    Es sind gerade einmal 3 ... und der Kurs zeigt was davon zu halten ist.

    Aber in den letzten Tagen waren die Shorties in Foren wieder sehr aktiv, vermutlich beginnt dann wieder
    das kollektive öffentliche Jammern ... Wenn es hier so weiterläuft.
    Mich interessiert im Moment das kommende FS-Update.
    Avatar
    JamesMcFly
    schrieb am 12.05.14 20:38:41
    Beitrag Nr. 733 (46.966.844)
    Antwort auf Beitrag Nr.: 46.952.286 von hingucker am 09.05.14 13:52:46Der Kurs scheint jedoch nur eine Richtung zu kennen:)

    JMF