Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Sep 09, 2016 3:25pm
55 Views
Post# 25223326

RE:RE:Ptm

RE:RE:Ptm Why do you think they are in a news black out period?   Or a deal looming?   I'd be cautious about speculating on an eminent big deal.  Maybe, it depends on what you mean by "horizon". 

There is alway a long-shot for a buyout.  So, I'm buying some cheep long-shot option calls, with some of my gambling allotment.

Reaching Block 11 would be just part of what I'm looking to hear.  How much ore are they bringing up?  Is the grade consistent with their expectations / drilling estimates?  Has there been any other issues impacting the speed of the ramp up?  or the cash burn rate?  I'd hope to hear some of these answered before the next quarterly.

Thank for your post on the base metals in Waterberg.  I hadn't been fully considering that positive impact to valuation.  

Some bullish PGM forecasts are start to come out.  Hopefully, that impact won't be too thwarted by a Fed rate hike.
Bullboard Posts