PVG production start?
In response to a private message (sorry ihub I'm not paying up!)...
As far as I can tell Pretivm is doing everything the old school way, carefully taking all of the tedious steps involved, and frankly all of the steps that are probably necessary for a project like this. (As much as I keep looking, it sadly seems GORO was one of a kind). A feasibility study is expected to be completed in Q1 2013, so we may have a better idea then, but there is A LOT involved here. A good deal of infrastructure will be needed, and I would not be surprised if it ends up being one big mill that would process ore from Brucejack, Snowfield, and Seabridge's nearby KSM project. That is a lot of planning, and a lot of CAPEX, and no one is very eager to spend right now, despite their depleting reserves. Rest assured, it is quality projects like this one that will go first.
Sure everyone wants to just dig up the easy high grade stuff, but the smart longer term view is to figure out how to do it all first, before just jumping in and getting started. That's how the majors like it, and they will wait until all the studies are nearly done before they get involved.
So patience is still needed with this one, but I am pretty certain it wil pay off.
