RE:RE:RE:RE:Opinions pleaseaucontrairenow...Don't even mention Bre-X. Except for the unfortunate presence of Strathcona, Bre-X has almost nothing in common with Pretium's situation, which is simply a professional difference of opinion with regard to sampling methods. An extreme disagreement, but nothing to do with the outright fraud that occurred at multiple levels with Bre-X. (For those few who may not already know the Bre-X story, this site has a brief and amusing history):
https://geology.about.com/cs/mineralogy/a/aa042097.htm
"First there is a gold mountain, then there is no gold mountain..."
Also, one thing I think you can be reasonably sure of is that there is "nothing wrong here that we will all find out in time." Pretium's brief delay in releasing the data from Strathcona has been sufficiently explained, regardless of the ethical fine points, and the cards are now on the table for everyone to judge for themselves. IMO, even if Strathcona's estimate somehow turns out in the end to be more accurate than Snowden's - which I highly doubt - it will be more from dumb luck than from superior methodology.
Nobody will be 100% certain how much gold there is in VoK until Pretium gets serious about digging it out, but the enormous amount of drilling done to date - along with the early bulk sampling results - suggests that unless they get extremely unlucky, they are probably going to easily surpass their conservative estimates. And the FS indicates that if they are anywhere in the ballpark at all, they have a profitable mine even at very depressed gold prices.
IMO, a number of circumstances - no doubt including the unfortunate Bre-X/Strathcona connection - have conspired to create a tremendous buying opportunity in an already highly oversold stock. After this all blows over, PVG can be expected to at a minimum return to where it was beforehand, and probably higher if (when?) the bulk sample confirms Snowden's estimates, which will put Pretium on serious buyout watch. PVG could very well drop 10-25% lower in the interim, but where else are you going to find these kind of odds outside of owning the casino?