Before you try to justify PVG at $9.00 in the open market vs. the flow thru pricing of the latest financing, I suggest you educate yourself a little on the "massive tax right offs available to B.C. residents" to really value what was "paid net" for these flow thru shares...

http://www.amebc.ca/policy/taxation-and-economic-incentives/flow-through-shares.aspx

GL to you,

Cheers,Magnum

PS perhaps Quebec gets similar benefit,but B.C. residents by far are encouraged to participate in flow thru financings as per the tax code