PVG is trading at 6.20-6.29 at the moment.

It reached a high of 6.49 over the last few days.

Volume has been modest.

Overall, this indicates that the IPO was reasonably well received.

I am looking forward to Pretium announcing further plans in more detail.

Clearly, they are going to go forward and "prove up" Snowfield and Brucejack to firm up the exent of the resource and move toward a mining plan.

Also, clearly, they will need to raise significant amounts of capital to actually move forward with a real mine.

They have a large resource here, but also a correspondingly big capex to proceed to full production.

I am waiting to see how that obstacle course will be negotiated.

The creation of Pretium is obviously one step in that journey, but there is still a long way to go before the value of Snowfield and Brucejack are fully unlocked.

Merry Christmas to all.

Revenant