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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 Nov 09, 2017 7:40am
78 Views
Post# 26931017

RE:Waterberg

RE:WaterbergWhat is rotten is management. Given that shareholders have little to say about matters pertaining to the operation of the company, one could conclude that management feels that it is good to receive a paycheck and that shareholders are nothing but a nuisance to be largely ignored. For things to change, there would be need to be an activist investor, but Sprott and others continue to make a lot of money from PTM as things stand. Not sure who else would step in and by now, it may simply be too late.
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