RE:RE:RE:RE:News: Pretivm to Repurchase Precious Metals StreamI have generally been a sceptic of PVG and played the downside through puts.
I sold my most recent put position after the Viceroy report (the whole volume/tonnage business was rediculous) and bought calls. Sold them last week.
When I read this morning that they repurchased the royalty I kicked myself for selling the calls, thinking the stock would be up at least $1.
Up only 10c?
We now know that q3 is ok, maybe a bit light at say, 90,000 oz but that puts the grade at 12 gm or so which is fine.
This is a buy and I am now long calls again.