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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by Risk_Assess999on Jul 29, 2017 6:45pm
261 Views
Post# 26525684

RE:The logical case for holding PVG

RE:The logical case for holding PVGI think some people have grown antsy looking for an update from the co. regarding the operations ... they won't have to wait much longer to get an update.



Goldbug52 wrote: I sense a lot of angst and nervous nellies on this Pretium forum. A word of advice, CHILL!                                                                                                                                                  Aside for the fine detailing by Risk_assess999 one can look at who owns the shares and how many shares they hold. Black Rock Asset Management owns 10.6%, Silver Standard Resources Inc. 9.4%, Van Eck Associates 8.7% and Zijin Mining 5%. OK? So what? That means that these entities hold approximately 65 million shares (about 1/3). The total number of shares outstanding are about 200 million.If these investors knew of any problems, they would be dumping shares. I've been watching the volumes traded over the last month. If anything volumes have been less than in previous periods.These large block investors are aware of things that the average retail investor doesn't have access to. You can bet they're carefully monitoring all aspects of Pretium's opperations and so far they seem to be quite happy judging from the volumes traded.


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