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Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM


Primary Symbol: PGMFF

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.


OTCPK:PGMFF - Post by User

Post by kirk15on May 22, 2020 12:45pm
618 Views
Post# 31061484

Just be happy

Just be happythe mining community management as decision makers mostly have their heads up their butts, they do nothing,  they wait, they cogitate, they have a scratch, they think about it some more, they get distracted, and when they finally have their ducks all lined up and are prepared to act, hopefully advancement has taken place and retail types get a higher valuation. By now PGM should have been taken out, but the potential buyers are still cogitating and scratching. The plus side, Red Lake is a PROVEN historical performer and will provide more than just a 12 year mine life which is well sought after in PM, the POG has every reason to move higher given increasing debt and lowered interest rates. New projects with large resources are just not available these days, the juniors have had problems getting funded, and now PGM is an advanced stage development project. I was in Pacton, they are doing everything wrong, but they have a LOT of ground in Red Lake, and when they get low enough I would like PGM to grab them to guarantee long life mining. Enjoy the ride, there will be ups and downs, but s/p will move higher, and it won't be sold cheaply with guys like Sprott in maximizing value.
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