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Platinum Group Metals Ltd T.PTM

Alternate Symbol(s):  PLG

Platinum Group Metals Ltd. is a Canada-based platinum and palladium focused exploration and development company. The Company is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project is located on the Northern Limb of the Bushveld Igneous Complex, approximately 85 kilometers (km) north of the town of Mokopane. The Waterberg Project covers an area of approximately 29,161 hectares (ha) consisting of the Waterberg Mining Right, one active prospecting right, and one application for the incorporation of two adjacent farms into the Waterberg Mining Right. Of the total project area, 20,482 ha are covered by the Waterberg Mining Right. Waterberg is a joint venture between the Company, Impala Platinum Holdings Ltd., HJ Platinum, which consists of JOGMEC (Japan Oil, Gas and Metals National Corporation) and Hanwa Co. and Black Economic Empowerment (BEE) partner Mnombo Wethu Consultants (Pty) Ltd.


TSX:PTM - Post by User

Bullboard Posts
Comment by greener12345on Apr 12, 2008 7:29pm
172 Views
Post# 14965424

RE: NR: Hoisting Equipment Purchased

RE: NR: Hoisting Equipment Purchaseda good point probe

however i think that works to ptm advantage--the majors like anglo abx etc etc always leave themselves with an exit from the deal itself and things like this--if they chose not to participate then the partners can take their position outright or the major could go on penalty (party who puts up the money gets 3xs their investment back then reverts back)

i dont see that happening--reserve calculations are increasing every time the drills turn (4 are now going 24/7)

i foned vancouver re this--this acquistion speeds everything up in a very very significant way

i just wish the markets would pay more attention--ptm has to get get word out in a better way--i told them that --they know that and are working hard ..................

cheers
Bullboard Posts