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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 sevushkaon Mar 23, 2017 1:06am
154 Views
Post# 26018392

IVN is the example of the move we are looking here at

IVN is the example of the move we are looking here at10-11 target by 2019 here.  Maybe 20.  Laugh all you want, but I've seen it before in a bull market.   Companies pumped by people like Sprott move first, but then investors take their profits and put it into underperformers.  By the end of this bull market move, we will have similar relative valuation of our assets to IVN and other "sector leaders".

We are in the late cycle of a major bull market, aka 2005-2008.   Look what precious metals did then.  The cycle is going to repeat again, its inevitable.  Before the next major economic crash in 2020 that would partially be caused by bubbles due to a repeal of Dodd-Frank, we will have a 5-10 bagger here.

Good luck!
Bullboard Posts