Valuing PretiumI am awe struck at the amount of speculation and worry here. I own a sizeable position in PVG which I accumulated in the 4-5 dollar range thru 1080 gold and amidst all of the other bs, dilutions, zijn selling,and that last crappy earmigs report wbich I believe could hve been so much better had they had the sales team in place actually selling gold above 1325. I valued the assets of this mine many years ago using 1150 gold. I didnt bother to add in silver pricing. PVG used a very aggressive drill program to identify what they have and they had the best management money could buy to get thru the permitting process and hire locals. I believe and continue to believe any take out price will occur in the 25 dollar a share range. If you wanna get short an actual, for real gold producing gold mine that a few majors running out of gold have to be eyeballing as the price of gold goes up- then go ahead. Get short
All in all, they've done exacty what they've said they would do.. All of the minutia and speculation on this board is blah, blah, blah. Are they ramping up production because the grades are low? Maybe they just wanna mine more gold as the price rises. What a novel, corporate approach that is. I am confident the gold is there. At 11 bucks, this stock is still a steal.