As in Cash Cow? Milk cow?

Pretium’s six-month financials for the period ending June 30, 2012, show that the company spent $36.54 million on mineral property expenditures and $748,595 on equipment. Cash cost administrative expenses for the six months were $2.55 million. Between July 1 and September 30, it spent $37.9 million on mineral property expenditures and $886,000 on equipment. Cash cost administrative expenses were $1.27 million.

 

BGM’s six-month financials for the period ending August 31, 2012, show that the company spent $2.46 million on mineral property expenditures and $19,457 on equipment. Cash cost administrative expenses for the six months were $1.81 million.

 

 

 

This is from Pretium's December 31, 2011 financials (first full year)

Investor relations $876,926

Pretium's cash cost administrative expenses for 2011 were $5,200,819

 

BGM's cash-cost administrative expenses for 2012 were $6,493,986. In 2011 they were 7,907.692.

In 2011 and 2012, BGM spent $1,376,858 and $1,497,376 on travel and entertainment (and they sure didn't spend that on getting to Barkerville or entertaining in Barkerville).

 

Pretium spent $122,788 on travel and entertainment in 2011.

 

And Pretium is trading at about $12.00 with 94,827,636 shares out.  It went from $6.00 to $17.00 to its present $12.00 in the last 1 1/2 years.

 

NUFF SAID?