{"id":1093687,"date":"2019-01-11T04:08:38","date_gmt":"2019-01-11T04:08:38","guid":{"rendered":"https:\/\/juniorminingnews.com\/?p=1093687"},"modified":"2019-01-11T04:08:38","modified_gmt":"2019-01-11T04:08:38","slug":"what-a-joke-pretivm-initiates-inquiry-into-trading-of-its-shares","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1093687","title":{"rendered":"What A Joke – Pretivm Initiates Inquiry Into Trading Of Its Shares"},"content":{"rendered":"

\"\"
\nPRETIVM INITIATES INQUIRY INTO TRADING OF ITS SHARES<\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

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January 11, 2019
\nDudley Pierce Baker
\nFounder – Editor
\nhttp:\/\/JuniorMiningNews.com<\/a>
\nhttp:\/\/CommonStockWarrants.com<\/a><\/p>\n

Today I saw this press release<\/a> from Pretium Resources<\/strong><\/p>\n

01\/10\/2019<\/span><\/div>\n
<\/div>\n
\n
\n

VANCOUVER, British Columbia, Jan. 10, 2019 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX\/NYSE:PVG) (\u201cPretivm\u201d or the \u201cCompany\u201d) reports that it has retained independent legal counsel to initiate an investigation of unusual trading activity in its shares.<\/p>\n

About Pretivm<\/strong><\/p>\n

Pretivm is a low-cost intermediate gold producer with the high-grade underground Brucejack Mine in northern British Columbia<\/p>\n

For further information contact<\/span>:
\nJoseph Ovsenek\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Troy Shultz
\nPresident & CEO\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Manager, Investor Relations & Corporate Communications<\/p>\n

Pretium Resources Inc.
\nSuite 2300, Four Bentall Centre, 1055 Dunsmuir Street
\nPO Box 49334 Vancouver, BC V7X 1L4
\n(604) 558-1784
\ninvest@pretivm.com<\/a>
\n(SEDAR filings: Pretium Resources Inc.)<\/p>\n

_________________________________________________________________________<\/p>\n

So, what is really going on?<\/strong><\/p>\n

This is not rocket science. Insiders (officers and directors) have been selling shares in PVG from May 17, 2018 through December 24, 2018.<\/p>\n

8 insiders, all sellers in the open market have reported to authorities and via my subscription to INKResearch.com<\/a>, I see it all<\/span>.<\/p>\n

Perhaps PVG does not need an attorney to investigate trading activity, just ask their own officers and directors why ‘they’ are selling.<\/p>\n

Total shares valued at C$9,178,605 have been sold from May 17 – Dec 24, 2018.<\/strong><\/p>\n

Sellers are:<\/strong><\/span>
\nOvsenek J.J.\u00a0 \u00a0 \u00a0 \u00a0 –\u00a0 President & CEO
\nSmith, D.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0– Director
\nPaspalas, G.N.\u00a0 \u00a0 \u00a0 – Lead Director
\nMcNaughton, K.C. – VP & Chief Exploration Officer
\nVip, T.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0– Executive, VP & CFO
\nRomero, M.A.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0– Executive VP and Corporate Affairs & Sustainability
\nQuartermain, R.A.\u00a0 – Executive Chairman
\nBoard, W.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0– VP, Geology & Chief Geologist<\/p>\n

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)<\/p>\n

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.<\/p>\n

Interesting to me that the press release above, stated for additional information contact,
\nJoseph Ovsenek,\u00a0President & CEO.<\/p>\n

Mr. Ovsenek is one of the insiders selling a total of 160,175 shares.<\/p>\n

\"\"\u00a0I have always enjoyed following the insider trading activity on all of my personal positions and other high profile companies, like PVG.<\/p>\n

Many times, insider buying<\/span> can alert us to great opportunities and in this situation, insider selling<\/span> at a minimum, must be a big caution flag, if not, an out right sell signal.<\/strong><\/p>\n

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.<\/span><\/p>\n

If you would like to know more about my services, visit the links above.<\/p>\n

Stay alert…..<\/p>\n

\"\"<\/a>\u00a0 \u00a0 \u00a0\"\"<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

PRETIVM INITIATES INQUIRY INTO TRADING OF ITS SHARES       January 11, 2019 Dudley Pierce Baker Founder – Editor http:\/\/JuniorMiningNews.com http:\/\/CommonStockWarrants.com Today I saw this press release from Pretium Resources 01\/10\/2019 VANCOUVER, British Columbia, Jan. 10, 2019 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX\/NYSE:PVG) (\u201cPretivm\u201d or the \u201cCompany\u201d) reports that it has retained independent […]<\/p>\n","protected":false},"author":1,"featured_media":1093689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[372,4,1],"tags":[138,137,889,992,991,135,338],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1093687"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1093687"}],"version-history":[{"count":6,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1093687\/revisions"}],"predecessor-version":[{"id":1093695,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1093687\/revisions\/1093695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/media\/1093689"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1093687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1093687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1093687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}