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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 Bigseeon Feb 05, 2015 8:51pm
99 Views
Post# 23402146

RE:RE:RE:Resource update

RE:RE:RE:Resource updateThe underwriter's break-even is a few cents less, so USD 0.5035.  More than 200M is a lot of shares to divvy out.  

Franklin Advisers just reported acquiring a large block of PLG today. They had showed 48.7M, end of Q3, and now report 81.2M.

From the SEC filing today.
AGGREGATE AMOUNT BENEFICIALLY OWNED  81,203,880
PERCENT OF CLASS REPRESENTED 14.7%


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