Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Comment by Minefinder1on Jun 19, 2002 9:55pm
103 Views
Post# 5223578

RE: Too many players in the same game!

RE: Too many players in the same game!MacFly - best I could do from previous releases is as follows - Stinger is on Shelby Lk Property which PGM - now PTM - optioned from New Claymore Resources. PTM through PGM merger can earn 60% interest in Shelby Lake Property. Subject to recent agreement Wheaton River can earn 50% of PTM's interest in the property - however this deal is convertable to stock so doesn't seem likely Wheaton will get an interest (they tried to explain this to me but I still don't quite get it). Just to add to your confusion East West and Maple each hold 50% of adjacent Lac Des Illes Proeprty, on which PTM (again through PGM option acquired in merger) can earn 60% and Wheaton can earn 50% of PTM 's 60% - that's as close as I can get - drilling set to start next week so keep your fingers (or at least 50% of them) crossed
Bullboard Posts