Pretium Resources Inc.

Pretium Resources Inc. is creating value through gold at its high-grade, advanced-exploration-stage Brucejack project. Located in northern British Columbia, Brucejack offers the potential for near-term gold production in an area of permitted gold mining. Brucejack hosts a significant, undeveloped, high-grade gold resource. Gold resources in the Valley of the Kings total 4.9 Moz Indicated (8.9 Mmt grading 17.3 g/t gold) and 10.4 Moz Inferred (12.7 Mmt grading 25.5 g/t gold). A feasibility study on the Brucejack high-grade gold opportunity is underway.

Expert Comments:

Jeff Wright, H.C. Wainwright & Co. (4/6/15)
"On Apr. 2, 2015, Pretium Resources Inc. announced an agreement with the Nisga'a Nation. . .with respect to the company's Brucejack project. . .outlining job and contracting opportunities for the Nisga'a Nation, as well as education, training and financial compensation. . .we do not expect the financial agreement between the two parties to have a significant impact on the overall economics of the high-grade project. . .both parties are expected to work together on finalizing the permitting process, which we believe should be completed sometime in Q2/15. . .we are increasing our price target to $12.00 from our previous price target of $11.00 per share."

Dan Rollins, RBC Capital Markets (4/2/15)
"The signing of a cooperation and benefits agreement with the Nisga'a Nation highlights the support Pretium Resources Inc.'s Brucejack project has from key stakeholders. Overall, we believe the agreement with the Nisga'a Nation as well as recent approval of the environmental impact assessment (EIA) by the government of British Columbia bodes well for approval of the EIA by the government of Canada. . .the company should be in a position to start mobilizing construction teams to site in order to commence construction this summer."

"There's a lot to be said if you can get underway with a smaller operation and then expand. Pretium Resources Inc., for example, is looking at starting with a smaller operation, a good tactical move for any company that requires a big-dollar capital expenditure check to get started." read more >

Joe Reagor, ROTH Capital Partners (3/30/15)
"On March 27, 2015, Pretium Resources Inc. announced it received environmental assessment approval for its flagship Brucejack project; we consider this a major milestone for the company and that it supports our expectation that it will begin construction of Brucejack in 2015. We are maintaining our $13 price target and reiterating our Buy rating."

Joe Mazumdar, Canaccord Genuity (3/30/15)
"Pretium Resources Inc. announced that the British Columbia Ministry of Mines and Energy issued an environmental assessment certificate for its high-grade, underground Brucejack gold-silver project. . .this is a positive for project development as this was ahead of our forecast (Q1/16E). . .we maintain our target price of CA$9.50 and Speculative Buy recommendation."

Jeff Wright, H.C. Wainwright & Co. (3/30/15)
"On March 27, 2015, Pretium Resources Inc. announced the receipt of British Columbia environmental assessment approval. . .we contend that the Brucejack project should advance through final stages of permitting through addressing the conditions set forth by the ministers with the construction of Brucejack occurring sometime in the summer. . .we are reiterating a Buy rating and our $11/share price target on the company."

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Experts Commenting on This Company

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Investing Highlights
High-Grade Underground Gold Project in BC
Commercial Production Target 2017
Located in an Area of Permitted Mining
Pretium Resources Inc. Content