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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 Dec 15, 2016 7:53pm
115 Views
Post# 25607595

RE:RE:RE:SA Platinum Outlook

RE:RE:RE:SA Platinum Outlook
nightflightnite wrote: I will assign 0 value to waterberg - until I see a deal on it with meaningful money behind it.


While I see the $5 or $10 valuations which some are suggesting for Waterberg as being unrealistically high, in the current market, I also would have to give Waterberg more than $0 (deal or not).  I guess I would arbitrarily ascribe a minimum of $0.40-$0.50 (whether developed near term or not), simply based on future (someday) potential. 

nightflightnite wrote: 2 other legs are what we may have left - meaningful production numbers from Maseve and/or future increases in PGM prices. Hopefully, one or both will happen at some point while we are stil young.


Hopefully, one or both will happen in the coming 3-4 months, or we may be facing another dilution, or worse. 
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