Plato Gold Corp V.PGC

Alternate Symbol(s): NIOVF

Metals & Mining Gold

Plato Gold Corp. is a Canadian exploration company with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina. The Timmins Ontario project includes four properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold. In Argentina, the Company owns a 95% interest in Winnipeg Minerals S.A. that holds a number of contiguous mineral rights totaling 9,672 hectares (ha) with the potential for gold and silver. Its Good Hope Niobium Project consists of 5,146 ha in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon, Ontario, with the primary target being the niobium. Its Pic River Platinum Group Metals (PGM) Project consists of about 2,247 ha in Foxtrap Lake and Grain Township, 21 kilometer (km) northwest of Marathon, Ontario, of which 19 claims are contiguous to the western boundary of Generation Mining Limited's Marathon Palladium-Copper Project. It also operates the Lolita Project.

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Plato Gold Corp

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Comment by wildman4on Jun 11, 2011 10:39pm

265 Views

Post# 18703613

RE: ANOTHER FAILED WEEK FOR PLATO

Actually, it wasn't a failed week for PGC at all. I don't know if you noticed, but any gold stock that held its price this week was one heck of a strong stock.

Maybe read this. A little info overall never hurts your overall understanding about your stock.

The gold to gold miners stock price ratio is at an all time high in divergence with the miners never more sold off in ratio than right now. The miners are at an RSI of lower than 30. The Venture is in a bear market in two-three months down 22% from 2450 to 1930. All this adds up to one thing: gold miners are oversold and will reverse. Now the challenge is to get the timing right.

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