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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 cenderon Nov 11, 2015 4:11pm
98 Views
Post# 24282496

1 year ago , this looked good at $1.20 /share

1 year ago , this looked good at $1.20 /shareMy how times have changed  ,  I might start buying a bit here  but would prefer to see a few months of production as they seem slow to execute  with resulting  financial troubles - which could take this to under .10  if there are any further major unforseen hurdles . Very poor management to under budget and  get off track  on the  timeline  for start up , I feel badly for those holding large positions  , shareholders always the first to be sacrificed .
Bullboard Posts