Pretium Resources' Joe Ovsenek: 'We're Doing What We Say We're Going to Do'

By robert quartermain / January 27, 2015 / www.youtube.com / Article Link


At last week's 2015 Vancouver Resource Investment Conference, put on by Cambridge House International, Resource Investing News had the chance to speak with Joe Ovsenek, executive vice president of Pretium Resources (TSX:PVG,NYSE:PVG). He touched on how the company was able to close a financing for just over $80 million in today's tough markets, also explaining what that money will be used for. "That money is dedicated for the development of a mine at Brucejack," he said, adding, "we're currently in the permitting process, we expect to get our BC environmental permits late March/early April. With those in hand, construction permits will follow on after that, and we expect to start construction in May or June this year. And then there's a two-year build after that." Ovsenek also spoke briefly about the divisive effect Pretium seems to have on analysts and investors. "From our perspective, anyone who's been to site, been underground, seen our resources, heard what we're planning to do - they're all on side and they can understand what we're planning on doing," he noted.

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