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elijahofmalone

02/04/11 9:06 AM

#23706 RE: cl001 #23704

PVG.TO

Cl, I am confused by this statement you made: "SA is selling its flagship deposit next door, should provide another big catalyst. They could merge with SA to sell the assets together, but the market cap has to go higher first."

Are you implying that Pretivm might sell both Snowfield and Brucejack, or simply Snowfield when KSM sells their Seabridge deposit nextdoor, sometime later this year? Please correct me, but I thought Brucejack project seems to be the one they will be focuseing on. The high hits of gold are what brought their CEO out of retirement. I very seriously doubt they sell Brucejack. This will be the main focus of drilling and this is their future.

Now I'm all for selling Snowfield when Seabridge is sold. That makes sense to me since they are going to need cash for Brucejack and Snowfield is such a large project that they would at least need a major partner. I think they advance it going forward and then bring someone else in to create this project. Perhaps that is what you meant. Just asking for a bit of clarification.

Thanks!

Ryan K