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PVG - Pretium's Q1 Results Don't Surprise But The Technical Picture Looks Interesting
Pretium Resources Inc. (Canada)
Pretium Resources (PVG) released its Q1 2019 production and financial results. After the April 3 news release, the expectations were not too high. The news release stated:
As the mine continues to sequence through a lower grade area of the Valley of the Kings, all stopes above cut-off grade of approximately 5.0 grams per tonne gold are being mined as they become available for production. Accordingly, gold grade is expected to average approximately 10.4 grams per tonne over the course of 2019; both grade and tonnes are expected to be higher in the