Bob Chapman highly recommends the Gold miner Pretium PVG

Bob Chapman highly recommends the Gold miner Pretium PVG

Bob Chapman highly recommends Pretium Resources Inc., PVG Stock Quote (PVG) - (TOR) PVG besides the usual Agnico Eagle . Pretium Resources Inc. is a Vancouver-based Canadian Gold and Silver Miner led by Chief Executive Officer Bob Quartermain, The company has started planning its 2011 exploration program “to follow up on the high-grade gold intercepts encountered in 2009 and 2010 in the Brucejack area,” Investors who bought into Pretium Resource’s initial public offering must be grinning from ear to ear. In just over a year, the stock has skyrocketed from $6 to just shy of $17, almost a three-fold gain. This return is especially surprising because so many large cap gold producers have seen their stocks lag behind the surging gold price, and some smaller development plays like Osisko (the glob and mail reported )

The Pan Asia Gold Exchange will end the COMEX Monopoly

Ned Naylor-Leyland from Cheviot Asset Management talks about the new Pan Asia Gold Exchange , the latest on precious metals market, why physical gold is the only safe heaven and how the new Pan Asia Gold Exchange (PAGE) will change the price discovery mechanism for gold. Ned explains that the futures market currently takes the lead in price discovery over the much larger spot market and how this may change once PAGE starts to operate. PAGE will provide a valuable alternative because its fully backed, allocated gold contract will provide a better title, closer to physical, than unsecured unallocated contracts. Ned graduated with a BA (Hons) degree from the University of Bristol in 1998. He began his career in 2001 at Neilson Management, later moving to Smith & Williamson (formerly NCL Investments) in 2003 where he was an Investment Manager. Ned joined Cheviot in July 2008 and is advising a specialist Precious Metals fund.