RE:RE:RE:RE:Rick Rule on how to trade PVGRule is a strong proponent of buying the best juniors in tranches between the PEA and the bankable FS, and has no doubt already made a small fortune trading PVG under this strategy. In any case, as a billionaire early-stage investor, he makes most of his money at the private placement stage, which of course is not an option for us mere mortals. What he claims to be doing or not doing at this juncture is IMO largely irrelevant, especially since he cannot be expected to telegraph to the market in advance what his intentions are. He also repeatedly states that people should not blindly follow his strategy, since his situation is practically unique in the industry.
One thing Rule has frequently emphasized, however, is that you should "buy the absolute best of the best people at the absolute worst of the worst times". If that's not a description of Quartermain and Pretium at the current time, I don't know what is.