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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

Post by ApexWealth99on Nov 28, 2024 12:25pm
21 Views
Post# 36335800

PTM: Hidden Gem or Trap?

PTM: Hidden Gem or Trap?
Been watching $PTM for a minute now. The Waterberg Project looks like a game-changer, but here’s the catch—financing could either make or break this play. The shelf prospectus filing is a double-edged sword: sure, it’s flexibility for growth, but dilution risk is real. Platinum and palladium prices are volatile as hell, so timing matters big time. My take? If you’re holding, have a clear exit strategy. This one’s not for weak hands. Also keeping an eye on $BOLT; hearing it might skyrocket soon.
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