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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

Comment by Barewoodon Dec 13, 2020 2:39pm
515 Views
Post# 32096059

RE:Finally~

RE:Finally~Here's how I see it; PTM anticipates a 20.7% annual rate of growth after tax, its Waterberg mine life estimated at 45 years, 19.5 million OZ of reserve mineral, 45% ownership, and significant strategic investors, including: Implats 15% (World's third largest producer of Platinum), JOGMEC (Japan Oil, Gas, & Metals National Corp.) 12.95%, Hanwa Co. (Diversified Japanese Trading Co.) 9.5%, and  Hosken Consolidated Investments (South African Black Empowered Holding Co.). In other words, if these investors are willing to put their money down based on this discovery and the Company's positive DFS, it demonstrates and confirms that following the smart money is where it is at! This stock will be well worth the wait especially once "green energy incentives fall into place over the next couple of years. Having a research group finding ways to utlize Pd for Li is also an ingenious strategy to have up and coming EV markets take a good look at this companies resource as well. Feasibility
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