Platinum Group Metals Ltd T.PTM

Alternate Symbol(s): PLG

Metals & Mining Industrial Metals & Minerals

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.

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Platinum Group Metals Ltd

Bullboard Posts

Post by bluerayon May 21, 2010 12:24pm

312 Views

Post# 17122282

while it looks tempting to add here

the closer U get to the memorial day in the us volume drys up. they still may be able to clean the rest of those 1150's out. Even those first couple days of the month have not been PM friendly this year until all the OTC metals dervivatives clear.

harvey organs may 18 piece

In case you hadn't checked yet, the June OptionsExpiration is coming up next Tuesday, May 25:
price calls
1100 7,105
1150 4,976
1200 18,103 - W-O-W !
1250 4,781
1300 5,306
1400 6,227
1800 5,814 - W-o-w again: at+1800+ !
PLUS +another+ 18,000 (or so, aggregated) from 1155 to1195.
That sets up a task for the Cartel to take gold down to1150 if they want to neutralize some 41,000 potential calls fordelivery. Alternatively: if they fail, perhaps the melt-up will finallystart. High stakes...