December 31, 2018
PRETIVM INITIATES INQUIRY INTO TRADING OF ITS SHARES
Today I saw this press release from Pretium Resources
VANCOUVER, British Columbia, Jan. 10, 2019 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) reports that it has retained independent legal counsel to initiate an investigation of unusual trading activity in its shares.
Pretivm is a low-cost intermediate gold producer with the high-grade underground Brucejack Mine in northern British Columbia
For further information contact:
Joseph Ovsenek Troy Shultz
President & CEO Manager, Investor Relations & Corporate Communications
Pretium Resources Inc.
Suite 2300, Four Bentall Centre, 1055 Dunsmuir Street
PO Box 49334 Vancouver, BC V7X 1L4
(SEDAR filings: Pretium Resources Inc.)
So, what is really going on?
This is not rocket science. Insiders (officers and directors) have been selling shares in PVG from May 17, 2018 through December 24, 2018.
8 insiders, all sellers in the open market have reported to authorities and via my subscription to INKResearch.com, I see it all.
Perhaps PVG does not need an attorney to investigate trading activity, just ask their own officers and directors why ‘they’ are selling.
Total shares valued at C$9,178,605 have been sold from May 17 – Dec 24, 2018.
Ovsenek J.J. – President & CEO
Smith, D. – Director
Paspalas, G.N. – Lead Director
McNaughton, K.C. – VP & Chief Exploration Officer
Vip, T. – Executive, VP & CFO
Romero, M.A. – Executive VP and Corporate Affairs & Sustainability
Quartermain, R.A. – Executive Chairman
Board, W. – VP, Geology & Chief Geologist
From my personal experience, when 1 or 2 insiders are selling, I don’t get too alarmed. But, when you have 8 insiders selling as in this situation, well, to me, something is going on (news) that has not yet been reported by the company. (Only time will tell)
I have never personally owned shares in PVG and do not have a short position, but I keep my eyes are hundreds of companies and the insider activity. I saw this selling going on a couple of months ago and thought about an article at that time. But with today’s press release I just had to do something.
Interesting to me that the press release above, stated for additional information contact,
Joseph Ovsenek, President & CEO.
Mr. Ovsenek is one of the insiders selling a total of 160,175 shares.
I have always enjoyed following the insider trading activity on all of my personal positions and other high profile companies, like PVG.
Many times, insider buying can alert us to great opportunities and in this situation, insider selling at a minimum, must be a big caution flag, if not, an out right sell signal.
I am sure this article will get a lot of views and responses, but folks, it is what it is and I am only the messenger.
If you would like to know more about my services, visit the links above.
By January 3, 2019– Published on
VRIC 2019 Featured Speaker: Jeff Clark
The world is filled with toppy markets, financial bubbles, and bloated debt levels in virtually every segment of society. And it’s all taken place within a global monetary system where, for the first known time in history, all currencies are fiat.
This financial and monetary cocktail has pushed risks high, and not for just investors but citizens. It’s crucial that gold and silver comprise a meaningful portion of one’s asset base. Given the nature of similar crises in the past, they will not only preserve purchasing power but are likely to lead to extraordinary capital gains.
And of the two metals, silver has the most explosive potential.
Why it’s Important: There are many reasons why silver tends to outperform gold. But there’s one major factor that is set to make the silver price scream higher in the next bull market. I’ll point it out in my talk, “The Silver Slam-a-Rama: The #1 Reason Silver & Silver Stocks Will Explode Higher.”
The investment opportunity: In a soaring metals environment, silver equities have the potential to provide extraordinary gains, especially coming from such a historically low undervaluation. And some silver stocks are set to rise the most.
Don’t Miss Out: This is an incredible time to come catch Jeff Clark at The World’s Largest Resource Investment Conference that happens only once a year. Register for VRIC before it’s too late.
SILVER STARTS A BREAKOUT MOVE HIGHER
Watch Silver, folks. This quiet shiny metal is starting a move that could be very foretelling of global market concerns and risks. Early on December 26, 2018, Silver broke through recent resistance, to the upside, with a relatively large 2.8%+ upside move. Why is this so important to traders? Because Silver is the “sleeper metal” that is typically the last to react to global economic concerns. Once Silver starts to move to the upside with a renewed bullish trend, we believe this move would indicate that bigger players are starting to accumulate Silver as a safe haven for future economic concerns/crisis events.
This Daily chart of Silver shows the December 26 upside breakout move. We can clearly see the breakout above $15.00 and the historical resistance just below $15.00. This move is extremely important in the context of the total risk play that has recently played out through the past two months. Take a look as how quiet the Silver market has been over the past few months. Take a look at how Silver reacted only moderately to the recent market selloff and Fed statements. There was no real “fear” exhibited in the metals markets or in Silver over the past 60+ days. Yet, today, there is some real fear that is playing out in the price of Silver.
This next Weekly Silver chart helps us to understand the total scope of this move and what we could expect to see as an immediate upside price target. Our Adaptive Fibonacci Price modeling system is suggesting that $16.00 is an immediate upside price target and is showing us the current trend is bullish and that price volatility is increasing. Overall, we could see a move well above $17.00 on an extended run in the metals.
Watch how this “sleeper metal” plays out over the next few weeks and months. This upside breakout is very important to investors for the simple reason that it indicates a renewed level of “fear” is entering the markets and we could be starting a very big upside move in the metals markets again. The last time Silver entered a massive bullish phase it shot up over 400%. If a similar move happens again in the near future, Silver could reach a price level near $60~65 per ounce.
Want to know how to position your investments to take advantage of these types of moves and learn how to capture greater opportunities in the markets? 2019 is setting up to be an incredible year for traders with the skills and insight to find and execute these types of trades. We have already been positioning our members for this move and we believe 2019 will provide incredible opportunities for all skilled traders. Take a minute to visit www.TheTechnicalTraders.com to learn how we can help you in 2019 and join our other members in finding greater success.
Gold, silver, uranium and perhaps base metals are expected by many experts and analysts, to be poised for a good, if not, great 2019.
With that premise, I want you to be able to access my services and take advantage of some great discounts for the Holiday Season only.
There are many great opportunities with gold, silver, uranium companies, etc., selling on the cheap right now, many of which could be 10 baggers or more.
If you can find companies that you like and that have long-term stock warrants trading that would be better yet giving you even more upside leverage.
Some of you receiving this email have been previous subscribers to my services and I understand your previous frustration.
But the times are a changing and it is time to being positioned to capitalize on the next big up move in the resource sector.
In my personal portfolio which is viewable by my Gold and Lifetime Subscribers you can see all of my positions, whether common shares or stock warrants giving you some ideas for your own investments.
I am prepared to offer you a 50% discount off of my services (except for my Lifetime and Platinum Subscriptions) which are already a great deal at current prices.
If interested you must enter the discount code when signing up:
Discount Code – gold
The discount will be calculated automatically for you upon signup.
While on my website, don’t forget to get your Free copy of “The Stock Warrant Handbook, Your Personal Guide To Trading Stock Warrants”)
Merry Christmas and Happy Holidays from our team,
Bill Murphy: Don’t Give Up – Gold Is headed For A Big Move Higher By Interviewed by Investing News 2 days ago 3454 Views No comments Nov 14, 2018 Bill Murphy of the Gold Anti-Trust Action Committee (GATA) interviewed by Investing News Bill Murphy, chairman of the Gold Anti-trust Action Committee (GATA), believes an explosive move in gold and silver prices is in the cards — but not before manipulation comes to an end. “This past year and years have been so frustrating because other assets have soared … the stock market, the cryptocurrencies, art, real estate. And gold and silver have just been in the weeds,” he said on the sidelines of the recent New Orleans Investment Conference. “From our standpoint … it’s all because of the gold cartel,” Murphy continued. “The government’s going to use all this quantitative easing, they’re going to budget deficits, debt’s going to go like crazy, interest rates are going to go to … Continue reading
By Jim Bentein Wednesday, October 17, 2018, 7:05 AM MDT A senior manager of a company specializing in drug and alcohol testing at worksites says he’s concerned about impediments to implementing legislation and practices that will prevent workplace deaths. Provinces across Canada enter a new era today with the legalization of cannabis. It’s something industry has been preparing for, for some time. Dan Demers, who specializes in drug and alcohol testing for CannAmm Occupational Testing Services, which has offices in Edmonton and North Bay, Ont., said he doesn’t believe governments have taken enough steps to protect Canadians, at worksites and on roadways, as marijuana becomes legal countrywide today. And Demers thinks the sheer size of the marijuana sector, with companies such as Canopy Growth Corporation having stock market capitalizations in the billions, will prevent governments from moving ahead on needed legislation and marijuana research. “I worry that the cannabis producers will outspend energy … Continue reading
October 14, 2018 There has been quite a bit of information and opinion in the news recently regarding the recent downside price action in the US Equities markets. We’ve seen everything from “The sky is falling” to “The markets will rally into the end of the year”. If you’ve been following our research and analysis, you already know what we believe will be the likely outcome and if not – keep reading. There are a number of key components of the global economy that are of interest currently; US Treasuries, Precious Metals, Emerging Markets, the European Union, Trade Issues and Capital Shifts. When one considers the scope of the entire global market environment in terms of these individual issues, a fairly clear picture of what is really happening begins to take shape. Here is our summarized opinion of the current state of the global markets. Capital is shifting (again) as … Continue reading
October 11, 2018 Chris Vermeulen Our research team, at www.TheTechnicalTraders.com, is alerting our members that the Transportation Index has reached its first level of support near 10,500 and this level may be the start of an extended bottoming formation. If you have been following our research posts, you already know that we predicted this recent downside price swing over 3 weeks ago with our Adaptive Learning Predictive Modeling systems. You will also understand that our modeling systems suggest this move may not end till early November (somewhere between November 8~12). Keeping this in mind, we are now alerting you to be prepared for the following. This Weekly US Transportation Index chart highlights what we believe will become support for the US stock markets. The 10,500 level, highlighted by the GREEN horizontal line, is a key support level that goes all the way back to late 2017 and early 2018. This level will … Continue reading