RE:RE:RE:RE:RE:RE:RE:A comment that really caught me.Comparitively, the Red Lake deposits are a district play, more infrastructure, more drilling, better known, power lines running all over, contract drillers and contractors very active.
Even while PGM has morphed from an exploration to a development, and now a producer company, they have / are having the requisite growing pains, there is a huge difference between sitting down at a table and drawing hopes and dreams, selling Blue Sky hopes that an explorer does to gain attention, and the reality of trying to develop underground stopes while at the same time perfecting the circuit above ground.
I sold the hype near $3.00 here, and I have missed the pain of the fall from there, with re-entry occurring just recently, apart from a dabble from $1 to 1.50 a while back. I believe in the model of explorers drilling and defining a resource, and then handing off to deep pocketed experienced miners, that model works best, everyone staying in their lanes and tending to what they are set up to do. Pgm has suffered this past while, some of the current shareholders have suffered right along, history of the district says gold will be extracted profitably if done correctly.
Those things that appeal to me at present value in PGM, were missing in a lot of cases with Harte. I point to Island Gold often, I learned a lot off of that effort, they are operated by Alamos successfully, they mine the same type of ground that Harte misfired on, I think the Aussies will do well because they simply have to experience to do so and are gaining cheap infrastructure, Harte took much of the pain. Wesdome mines very similar ground successfully as well.