Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

RE:Sounds like another Rubicon.

[Prospector78]

There is actually a very significant difference between PGM and RMX.  Half of the ore body at PGM (the Austin Tuff) has already proven it can be economically extracted.  There is a plethora of historical data available to review, and the opportunity to study the ore underground before a production decision is made. The auriferous "tuffs" in Madsen are also a disseminated replacement-style of gold mineralization, not the narrow, high grade vein ores that are often erratic in grade variability and continuity.  In other words, there is much, much less risk of negative surprises with grade and continuity here.

Imho there is something real developing here...

Prospector78