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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 grape562000on Jan 24, 2017 12:56pm
131 Views
Post# 25747540

RE:RE:NEWS: More Dilution - thanks Jones et al

RE:RE:NEWS: More Dilution - thanks Jones et alYes. It seems to me that last may when $33M was raised at $3 a share (11M shares)...with any foresight whatsoever, a larger financing would have filled the coffers at a cost of half the shares issued since. I imagine the company (Jones) would tell us that they took what financing was available at the time and what has happened since was just a matter of bad luck and a bad Platinum/Palladium market combined with underperforming contractors.
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