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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

Bullboard Posts
Comment by ploddinalongon Dec 12, 2002 7:34am
59 Views
Post# 5670643

RE: Question for the Longs?

RE: Question for the Longs?NOJETYET; No movement, you ask? .25 to a dollar in 5 months? Right now a financing is being done. As you know, nothing will likely happen (news, share appreciation) until it is completed. Likely to be a series of announcements after that. My understanding is that PTM has been trying to keep under the radar screens of the big SA producers until they had the whole package together that they envisioned. Hence the drifting lower the last few months. The Struther's report is a good read too. Web Site https://www.playstocks.net If you can see the big picture of what this company is putting together (phone the company), I think they will prosper.
Bullboard Posts