Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,305.85 hectares located in northwestern British Columbia. It also owns 100% interest in the Snowfield project consisting of 1 mineral claim covering an area of 1,217 hectares located in northern British Columbia. The company was founded in 2010 and is headquartered in Vancouver, Canada.
On 06/04/2020, PR Newswire posted a story about Space Travel and an Unknown Metal called Cesium
www.prnewswire.com/n...rd-of-301029446.html
www.prnewswire.com/n...metal-301006367.html
www.kitco.com/commen...s-Sold-to-China.html
In the article, it went on to say that Cesium can be used in ion propulsion systems, with 1 kilogram of Cesium used in outer space able to propel a vehicle 140 times as far as any other known liquid or solid, but it could be the game-changer for solar system navigation.
Cesium is a critical element of Global Positioning Systems (GPS). Atomic clocks track vibrations inside Cesium to measure time accurately. The same goes for GPS satellites orbiting Earth. It's only because of Cesium that they are able to precisely triangulate.
Now, the prospects of deep space make Cesium even more critical. Future missions in deep space could navigate the solar system with a form of GPS-and the defining moment will be the successful testing of the Deep Space Atomic Clock.
It will also be a huge part of the brewing "Cold War" with China.
The "Cold War" with China is being played out on multiple fronts: Control of critical metals, dominance over 5G, national security and deep space. All these fronts involve Cesium (Cs).
China has been in control of almost 100% of the world's Cesium but now, Washington is stepping up its game by adding Cesium to the United States list of critical minerals in 2018.
The article also said Pretium Resources (PVG) has an impressive portfolio with a huge opportunity for upside.
Construction and engineering activities at its top Cesium location continue to advance, and commercial production is targeted for this year.
On 05/01/20, PVG announced earnings that rocked Wall Street Estimates coming in at $0.140 Beats $0.06 Estimate, Sales $126.560 Million Beat $83.480 Million Estimate.
Price targets are continuing to rise.
On 05/19/20, B. Riley lifted Pretium Resources Price Target to $28 from $27, Keeps Buy Rating. - What does B. Riley know that we don't.???
The Daily Chart looks Bullish
Volume is Bullish and rising
PMO is trending up, Bullish
MACD is trending up, Bullish
RSI just crossed up over the center line, Bullish
Stochastic is trending up, Bullish
Sector is Bullish
PVG is getting ready to break out above the cloud.
6-Jul-20 8.53
▲ Mon PVG New York
6-Jul-20
8.53 Bullish Kijun Sen Cross
2-Jul-20
8.17 Bullish Tenkan/Kijun Cross
19-Jun-20
8.36 Bullish Chikou Span Cross Strong
"
" Bullish Kumo Breakout
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
On 06/04/2020, PR Newswire posted a story about Space Travel and an Unknown Metal called Cesium
www.prnewswire.com/n...rd-of-301029446.html
www.prnewswire.com/n...metal-301006367.html
www.kitco.com/commen...s-Sold-to-China.html
In the article, it went on to say that Cesium can be used in ion propulsion systems, with 1 kilogram of Cesium used in outer space able to propel a vehicle 140 times as far as any other known liquid or solid, but it could be the game-changer for solar system navigation.
Cesium is a critical element of Global Positioning Systems (GPS). Atomic clocks track vibrations inside Cesium to measure time accurately. The same goes for GPS satellites orbiting Earth. It's only because of Cesium that they are able to precisely triangulate.
Now, the prospects of deep space make Cesium even more critical. Future missions in deep space could navigate the solar system with a form of GPS-and the defining moment will be the successful testing of the Deep Space Atomic Clock.
It will also be a huge part of the brewing "Cold War" with China.
The "Cold War" with China is being played out on multiple fronts: Control of critical metals, dominance over 5G, national security and deep space. All these fronts involve Cesium (Cs).
China has been in control of almost 100% of the world's Cesium but now, Washington is stepping up its game by adding Cesium to the United States list of critical minerals in 2018.
The article also said Pretium Resources (PVG) has an impressive portfolio with a huge opportunity for upside.
Construction and engineering activities at its top Cesium location continue to advance, and commercial production is targeted for this year.
On 05/01/20, PVG announced earnings that rocked Wall Street Estimates coming in at $0.140 Beats $0.06 Estimate, Sales $126.560 Million Beat $83.480 Million Estimate.
Price targets are continuing to rise.
On 05/19/20, B. Riley lifted Pretium Resources Price Target to $28 from $27, Keeps Buy Rating. - What does B. Riley know that we don't.???
The Daily Chart looks Bullish
Volume is Bullish and rising
PMO is trending up, Bullish
MACD is trending up, Bullish
RSI just crossed up over the center line, Bullish
Stochastic is trending up, Bullish
Sector is Bullish
PVG is getting ready to break out above the cloud.
6-Jul-20 8.53
▲ Mon PVG New York
6-Jul-20
8.53 Bullish Kijun Sen Cross
2-Jul-20
8.17 Bullish Tenkan/Kijun Cross
19-Jun-20
8.36 Bullish Chikou Span Cross Strong
"
" Bullish Kumo Breakout
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.