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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 grape562000on Sep 06, 2017 11:07am
195 Views
Post# 26661170

RE:All is not lost

RE:All is not lostAs I read the press release, PTM sold the mine. mill, the whole shebang. Which leaves Waterberg.
Am I missing something? I am happy to know that I am and what the other shoe (boot) to drop might be.  Again, the press release made it sound like Masseve has been sold, lock stock and barrel and that Waterberg remains...and that PTM plans to bring it online with their partners in 2021 (according to the company presentation dated today. Are there other assets I am not aware of/have not considered?
Bullboard Posts