Pretium Resources: The Brucejack Project And Second-Quarter 2014 Results.
- Pretium Resources, is a start-up company with a focus on gold. It owns the Brucejack gold mine project including the Valley of the Kings prolific site.
- The company released a new feasibility in June 2014, with a very impressive yearly production of 2,700 TPD at 15.7 g/t of gold. Commercial production is now scheduled for 2017.
- The mine presents a rare opportunity in the gold sector, even with gold at $1,100/oz. I still rate PVG as a speculative buy.