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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 gruntov1on Nov 16, 2016 5:01pm
70 Views
Post# 25471605

RE:RE:RE:$1 Trillion in Infrastructure ='s Diesel ='s PGM Demand

RE:RE:RE:$1 Trillion in Infrastructure ='s Diesel ='s PGM DemandHR, I agree that the auto/truck industry is doing great, CURRENTLY. Unfortunately, they're eating their young to do so. Incentives are up, loan length is much longer, and interest rates are as low as you could expect in a generation. Add in the low current gas prices, and you have perfect buying conditions. Will they all continue going forward? Maybe, but I don't think so. I'll be in the market for a new vehicle next year. I plan on waiting until this time next year, and expect to get a great deal on an unsold 2017, as the 2018's keep arriving. Cash will be king. You don't hear a lot about this yet, but foreclosures are up sharply in the last 6 months. Who is left to buy a car/truck when the smoke clears, and credit tightens?
Bullboard Posts