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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 Mar 04, 2017 5:56pm
125 Views
Post# 25932539

RE:RE:Stellar performance: $2.16

RE:RE:Stellar performance: $2.16
oneeno wrote: This down price hopefully will rebound after the fed jawbone passes. Fed hike, economy ok = Platinum demand Fed not hiking, platinum Precious metal play. CAT being raided by the feds didn't help PT, but fuel cell tech hopefully will sooner than later.



What happens if the US does not pass a new budget?

The current one expires 3/15-the Ides of March.

With the current political snafu in Washington, I doubt one gets passed, as they play chicken with the US economy. They should run out of $ by sometime this summer.
Bullboard Posts