OTCQX:BGMZF - Post by User
Post by
GoldExecuteon Jun 20, 2014 12:53am
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Post# 22678286
Pretium - Uses another firm for updated feasibility
Pretium - Uses another firm for updated feasibility I see the new feasibility for Pretium was under the direction of Tetra tech.... I will state my opinion with regards to what FC had promised in the Snowden report... JMO, it was lacking... Analysis look for robust reports... These reports should include:
- Cross Sections, at least a typical
- Long Sections - more than one
- A statement with regards to Previous underground workings.... Including a model that shows historical workings and how it pertains to existing resource. ( if you don't know what was taken out, you sure as hell don't know what is there. And if you did model it, you better make it clear in your report.
- A well understood geologic model so you understand true widths at some level. Are you drilling down a 1 meter wide vein, or is it really as thick as you state.... See most recent P/R.... anyone find it funny that in the past they made comments about true width, and now they state they need to figure it out based on a geologic model?
- I could go on and on... I am primarily responding to the comments FC made about that anyone would understand what they have based on the most recent 43-101, and what industry and analyst expect inside a report...
I will provide more personal opinion as this goes on... My views are only what I would like to see in a report and my belief as to what serious analyst expect in a report in order to provide coverage.
How many investors here are aware that (based on a search on "the Gold Report") that not a single Brokerage is providing coverage on this company. If I am wrong, and you can provide a link to the guy outside of Germany (Mr. Red Pants), please let me know. As near as I can tell, not one analyst ( who is paid for comment), covers this stock..... Why is that?
My opinions are only my own as to what I like to see in a 43-101. My observations as to which brokerage covers BGM are based on my limited searches. If you have information as to non-paid coverage.... I Would love to know... TIA