This is yet another post on Pretium. It’s not a particularly important one unless you are interested in following the on-going Pretium saga.
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Pretium: The bullshit engineering continues
Today, Pretium issued a press release: Pretium Resources Inc.: Mineral Resource Estimate Adds Measured Gold Resources, Increases Grade at Valley of the Kings
Basically, Snowden is pretty much going to stick with its aggressive approach in modeling the VOK deposit.
The press release also contains some information aimed at invalidating Strathcona’s competing theory about how the resource should be modeled.
Pretium recap
This is a chronological summary of everything that’s happened to make the story easier to follow, plus my updated thoughts on this strange saga.
Pretium: Now the pieces of the puzzle are coming together…!
Read the article “Strathcona Minerals responds to Pretium’s bulk sample result” if you haven’t already.
Originally I thought that there was either (A) fraud or (B) Strathcona screwed up. In a totally bizarre and unexpected turn of events, Strathcona is right but there is no fraud*.
Strathcona’s Farquharson responds to Pretium’s bulk sample result
Pretium / Nugget gold effect
(The synopsis of this post is that I still haven’t been able to put all of the pieces of the puzzle together.)
