Topic: How To Invest

I've looked at Pretium Resources, and I think it's a buy. I would appreciate your opinion. Thanks.

Article Excerpt

Pretium Resources Inc., $14.93, symbol PVG on Toronto (Shares outstanding: 93.7 million; Market cap: $1.4 billion; www.pretivm.com), continues to focus on its advanced-stage Brucejack project in northwestern B.C. Pretium is now conducting a feasibility study on the economics of building an underground mine at the site and expects to release its report next year. The company believes the combined mineable gold and silver resources at Brucejack are among the largest in North America. It estimates that the property’s Valley of the Kings zone could hold as much as 15.3 million ounces of gold. Brucejack’s president and CEO, Robert Quartermain, built Silver Standard Resources Inc., symbol SSO on Toronto, over a 25-year period from a junior explorer to a producer with a $1.2-billion market cap. Quartermain left Silver Standard in 2010, and then formed Pretium Resources. Pretium sold shares to the public and listed on Toronto in December 2010 at $6. The share issue raised $265 million. Pretium then bought Brucejack and the Snowfield property…