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Platinum Group Metals Ltd. (Canada) T.PTM

Alternate Symbol(s):  PLG

Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Platinum Group is listed on the NYSE American Exchange (PLG) and the Toronto Stock Exchange (PTM). Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil Gas and Metals National Corporation (JOGMEC) and Hanwa Co. Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium and gold.


TSX:PTM - Post by User

Comment by Leakydinghyon Jul 29, 2009 12:52am
272 Views
Post# 16174005

Bear

BearPTM will bob along with the price of Platinum it seems until something big happens.  I'll wait and see.

Yes, I meant prices in general.  Although, the CEO of Anglo Platinum thinks prices will go up in the second half of 2009, and he would probably know since they are part of the supply chain, not to mention putting expansion projects on hold for years.

All indications are that supply and demand remains balanced with demand slightly greater than supply, as they both stumble-- according to the website you provided and most others I've read.   So if PTM follows the price it should see a rise soon.  We'll see.

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