RE:RE:RE:Should close the year at about $12.50Agree with the idea of a stronger shareprice next week.
What happened today was an overdone reaction.
My quoted
5.95 B USD NPV was the value for Snowfield
plus Brucejack (@ 1,235 USD/oz gold) - according to PVG`s own Webpage calculations.
Our Snowfield mega resources of Gold /
Copper / Silver are gone now for pennies thanks to Mr. O`Brien in his home office armchair...
What remains to PVG as tangible NPV is the Brucejack mine.
This remaining Brucejack mine has a
NPV of 1.8 B USD (@ 1,300 USD/oz gold) and is a very strong cash cow. See PVG news release from March 2020.
So Mr. O`Brien`s
Snowfield give away had "only a NPV of around
5,95 B minus 1,8 B = 4,15 B USD (@ around 1,235 to 1,300 USD/ oz Gold).
Check out the News Release from March 2020 about the remaining values for Pretium (after the Snowfield sell out, which seems to had been cemented already at that time...)
https://www.pretivm.com/news/news-release-details/2020/Pretivm-Updates-Brucejack-Mine-Mineral-Resource-Mineral-Reserve-and-Life-of-Mine-Plan/default.aspx ---
What counts to Brucejack and what counts to Valley of Kings is not clearly expressed in this News release. Further I do not get sense for the quite strong differences at the cut off grades stated in this news release, as it seems that they may be mined within one enlarged mine.
The Brucejack Mineral Resource is reported at 3.5 g/t gold cut-off for the Valley of the Kings Zone and 5 g/t gold equivalent cut-off for the West Zone (AuEq = Au + Ag/53).
Hopefully on the January presentations we shall get a little, little bit more light into this big black box. Hopefully analysts do some sharper questions and insist on clearer answers this time compared to former times.
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P.S. All named NPVs are NPVs before taxes.