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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 bigguy6on Jan 26, 2011 12:21pm
290 Views
Post# 18029053

RE: We still need more selling....

RE: We still need more selling....I really like the platinum space, the company and it's prospects, and the chart looks ripe for next leg up....but what makes PTM a really easy pick for me is the confidence the key insiders seem to have in the company. 

At the risk of boring you to tears yet again ...note significant insider buying over the last couple months seemns to be continuing.  Appears an insider may have bought yet another 10,000 shares on the open mkt yesterday.  This will be confirmed tomorrow.  Not counting this possible 10,000 share buy...that makes just shy of $825,000 of insider buys on open mkt by Hallam and Jones over the last couple months.  They are the companies CEO and CFO!

Happy investing and GLTA longs!



Bullboard Posts