Price of Platinum is exploding:

[oak333]

Price of Platinum is exploding:

https://finviz.com/futures_charts.ashx?p=d1&t=PL

Platinum Group Metals is doing fine:

https://bigcharts.marketwatch.com/ad...false&state=11

Remark that price of Platinum Group Metals was over 400 $ in 2008.

[Nikko]

Price of Platinum is exploding:

https://finviz.com/futures_charts.ashx?p=d1&t=PL

Platinum Group Metals is doing fine:

https://bigcharts.marketwatch.com/ad...false&state=11

Remark that price of Platinum Group Metals was over 400 $ in 2008.

this is a horrible company. They dont produce anything and Impala walked away. Stick with Impala or Sibanye who are real producers and pay a real dividend.

[oak333]

Platinum might lead the commodity rally:

http://www.24hgold.com/english/news-...hris+Vermeulen

[oak333]

this is a horrible company. They dont produce anything and Impala walked away. Stick with Impala or Sibanye who are real producers and pay a real dividend.

They move the Waterberg project towards production.
The reserves of this deposit are huge: gold, platinum, palladium and rhodium.

https://www.platinumgroupmetals.net/...2/default.aspx

Sprott gave them financing for 20 million $. They are cooperating with
foreign companies with deep pockets, and with Anglo-American of SA.

Until they come into production, they are a great optionality investment
in precious metals.

[jrtjrt]

Thanks for the 24hgold article.

[Nikko]

They move the Waterberg project towards production.
The reserves of this deposit are huge: gold, platinum, palladium and rhodium.

https://www.platinumgroupmetals.net/...2/default.aspx

Sprott gave them financing for 20 million $. They are cooperating with
foreign companies with deep pockets, and with Anglo-American of SA.

Until they come into production, they are a great optionality investment
in precious metals.

its a garbage asset...thats why Impala walked away

[oak333]

its a garbage asset...thats why Impala walked away

Not really. Impala walked away from this project because of uncertainties with Covid-19. Impala
actually commended the progress of the Waterberg project. At least this is what Impala said.

https://finance.yahoo.com/news/plati...html?.tsrc=rss

You might find some useful info on this forum:

https://www.valueforum.com/stocks/?a...&ticker=PTM.CA

Note: On USA exchanges the symbol is PLG. On the Canadian exchanges it is PTM.

[oak333]

The price of platinum is exploding. Look at a beautiful chart:

https://schrts.co/TNzMYcTk

Platinum seems to lead the commodities upwards.

[jrtjrt]

Hi oak, if we have a march 2.0 do you see the pt spot price crashing again like last time? Ot this time will all the metals trend upward faster? because of no physical supply? Thanks for any thoughts.

[oak333]

Hi oak, if we have a march 2.0 do you see the pt spot price crashing again like last time? Ot this time will all the metals trend upward faster? because of no physical supply? Thanks for any thoughts.

In my opinion, the best way to invest in precious metals is simply just to buy and hold
them, until the next business cycle anyway. Physical precious metals are great. However,
miners of precious metals are leveraged; they go up significantly more than the physical
precious metals.

Trading of paper metals is just......well, everybody knows nowadays what it is.