BRUCEJACK - 40 km AWAY - RED CLIFFThat's only 24 miles.
Pretty darn close when speaking in mining terms - hauling ores wouldn't cost that much.
But - is Pretium hot ot trot - in the market for more gold ?
Based on Pretium's 2020 gold resources - They're sitting around - 4.5 million ounces ( i deducted thier 385,000 - 2020 production )
If they're pumping out 385,000 ounces per year - it would mean they have an,
11.6 yr mine life left for - valley of the kings + west zone.
That's not that much of a buffer- now is it.
As for thier exploration - i just skimmed hte surface - but nothing really stands out.
Each year they mine 385,000 ounces keeps them on a downward trend of depleting
their resourcesd - what to do ?
Do they wing it - and bank on thier exploration efforts and hope they hit more gold ?
Or... do they utilize thier quartely profits and begin seeking out nearby - resources ?
Oh... hello. ( lol )
After all who would want ot play ythat game of - losing valuation each time they report mined ounces and see thier stock go on a downward trend...
In this business - GOLD MINING - once you spark it up - it becomes a constant to feed the beast - whch is - a continual battle to keep = adding to the gold ounces with more projects.
They now have the fire underneith - they need more gold ounces to offset thier mined ounces.
Otherwise - they're valuation will take a hit.
As mentioned in last post - Pretium is sitting with a cah purse of - $174,400,000 - million.
That's nice to flaunt and also keep as a cushion - just for bragging rights.
Sounds like Pretium is free of debt -
which could mean - every gold ounce mined has a profit attached.
Pretium is headed into their second quarter - 2021 if by chance they're on track wirth thier gold ounce porduction
Then - they should be in and around -
174,000 ounces mined.
X $981oz profit
= $170,694,000 usd
x 1.2 cdn
= $204,832,800 million cdn + $174,000,000 - cash reserve ( not sure if its cdn or usd )
= $378,832,800 ( +/- ) What would 8 million shares of Pretium fetch @ $14/share ?
= $112,000,000 - million
Suppose Pretium didn't touch their $ 174,000,000 million cash on hand
Suppose they only used thier gold ounce porduction moniey
And a few shares ?
Yeah... they could go shopping for more gold instead of - trying to find more gold
And... keep thier $174,000,000 million as a cushion.
2 Quarters of goldproduction + few shares
= what could they buy in gold assests nearby ?
Are there any other mines worthy of - Pretium's specifications ?
Couldthey seek further north - other mines ?
Or.. do they stick close to thier exisiting Brucejack ?
Just how many ounces does - Decade have ?
And.. that's the biggie question that's been a mystery for several years.
is the Montrose - 600m - 700m 800m long ?
Is it - 200m or 300m wide ?
Just how deep does it really go - 200m - 250m ?
Anyone ever notice al lthe former press releases showing the gram values
for Montrose are never under a gram - but always well above a gram ?
Yeah...i noticed this... makes me wonder what the over all grade really is...
Which would be nice to see a new update on the resouerce size.
If Decade avoids this resource assembly and just continues on with Del Norte + Lord
I'm sure this will not sit well with shareholders...
Has there ever been another junior - like ever - sit on a resource this long without
announcing it's size ? lol
Most junors can't wait to assemble the size of resource.
DISTANCE FROM RED CLIFF TO PRETIUM 
Will Pretium contiune thier exploration on own - look for more gold ounces ?
Or.. .will they play it smart and expend a few quartly profits and buy thier gold...?
Far easir to buy the gold ounces at a discount insitu value versus a proved up
junior whose share price is tied to the gold ounces - decade hasn't - yet - seen this
red cliff / montrose gold value tied ot its stock...
Decade should present a resource -
It could attract other interests with thier own production mines...
I'd like to see Decade at least make a press on this - stating they will - short term
It could provoke another intgerest into a bidding war - one never knows...
If.. by chance thier is an interest on the hook - are they willing to risk spot goldvalues
rising in this unpredictable world - that has about 10 different catalysts that might super
charge spot gold ? What if spot gold did go for another run and what if Dle or Lord has all the more big intercepts - yes... these are two catalysts that can work against an interest - and alkways the what if - Decade jumped ot $.50/cents ?
I'm already seeing an inferred triangulation constraint for - Norte.
With 30m - 50m intercepts.
Big silver andvery decent gold values/
Silver is suppose to go on another run -and - run 2x harder than gold.
Del Norte - has the big silver... and if there might be an interest in Red Cliff + Montrose - would a potential interest take this risk of more BIG silver intercepts ?
This stock has not even seen any appreciation ofthier silver intercepts and grades...
One could also point the - stick - and ask... is this stock being held ?
Then... ask the really important question - how long has this stock seen under a dime ?
Ahhh....too long holding a resource backandstock held -also - creates a vantage for another
to hold percentage share contorl - sure hope that has not happened after reading a reosurce was suppoose to be out 3 years aog.
Here's hoping shareholders see something - different tihs week.
Something that actually impresses shareholders.
Cheers....