Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Boolish who wrote (208256)	12/23/2011 11:48:42 AM
From: Anchan	Read Replies (1) \| Respond to of 312808

Heads-up on Pretium (PVG.TO). At last, it seems to be coming into its own. Even better are the warrants, up 38% today. Strike is at $12.50, expiry in April 2012. I have long wondered why Pretium is not more popular/discussed here on SI. After all, PVG's Snowfield/Brucejack combined project has 34.1 million ounces of gold and 191.9 million ounces of silver, both Meas&Ind; not to mention Inferred gold 21.7 MOZ and silver 202.2 MOZ; PEA completed, Brucejack PEA update due in Q1 2012. Project size is even bigger than CKG's Metates: PVG is calculated to produce 700,000 ounces/year versus CKG's 550,000 ounces/year; and their capex is similar, too: PVG expects initial capex of $3.5B versus CKG's $3.2B. True, peanuts this ain't. On the other hand, PVG has 88 million shares out, while CKG has only some 48 million shares -- yet the two stocks are presently priced equally in the low teens. PVG has risen by 50% during the last 30 days whereas CKG has dropped by 20% -- I am not happy with my CKG warrants...