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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 Duniteon Sep 17, 2016 10:58pm
107 Views
Post# 25249155

stock price.....

stock price.....This should be a 7 or 8 dollar per share stock. The company turned a profit from mining activities. Even though it was just a cent a share. It still was a profit. Many other companies in this sector did not last quarter post a profit. This company seems to have good management. It Seems to get along with the authorities of South Africa. PTM has PGE grades and intercepts that every economic geologist dreams of finding. So what is the ball and chain that is keeping this stock in the bargain basement ?????
Bullboard Posts