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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
Post by bluerayon Jul 16, 2010 7:28pm
450 Views
Post# 17276196

Rockhound.....since Jones seems to miss

Rockhound.....since Jones seems to missall his published timelines I bailed this week as my original PLG postion turned into a short term cap gain recently.
Its crazy to give profits back and with this BDI index cratering and the stock below the 200ma you could easily see PTM fall hard during the summer low volume sessions.  It doesn't look like they're buying a lot of cars (PT cat converters) according to that Michigan sentiment index released today. 

I'm sticking with GORO, Franco, & Fresnillo over the summer but I'm done with jrs...............................if  I'm wrong on PTM PLG I'll just add to the above as they all all firm growth plans in place .

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Bullboard Posts