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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 TradeCraft123on Nov 29, 2024 6:04am
28 Views
Post# 36336884

The South Africa Factor

The South Africa FactorOne thing people overlook with $PTM is the geopolitical risk. Mining in South Africa isn’t exactly smooth sailing—power issues, strikes, and regulatory hoops can hit hard. That said, the country’s PGM reserves are unmatched, so the risk is part of the game. For me, it’s about balancing potential upside with these factors. Just don’t go all-in without considering the risks. Also, watching $BOLT; rumors say it might skyrocket.
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