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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

Post by Bigseeon Dec 15, 2016 3:15pm
1380 Views
Post# 25606235

SA Platinum Outlook

SA Platinum OutlookPLG was discussed in a two part Seeking Alpha piece, "The Outlook For The South African PGMs Industry".

In short, the author, a hedge fund manager, expresses doubts as to the Waterberg timeline, and offers several reasons why. In the second part he also mentions, "In particular, we have been engaged by the management of Platinum Group Metals (NYSEMKT:PLG) following the publication of our first article in which we expressed some skepticism regarding the proposed timeline for the various planned projects in the Northern Limb." So, it would seem that PLG/PTM is talking to some investors (i.e. hedge funds), while retail investors do not appear to rank in their communication hierarchy. Perhaps, if enough retail investors bail, they will revisit their selective communications practices.


Part 1)Link 1
Part 2)Link 2
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