Platinum Group Metals Ltd (NYSEMKT:PLG)

CAPS Rating: 5 out of 5

The Company aims to be an emerging platinum producer. Its business is conducted primarily in South Africa, and to a lesser extent, in Ontario, Canada.


Player Avatar TheAmerican7676 (< 20) Submitted: 1/11/2013 3:11:27 PM : Outperform Start Price: $0.94 PLG Score: -92.03

Platinum is the rarest of all precious metals. More rare than Gold Silver and its cousin Palladium which has gone up and I believe Palladium will continue to rise as long as auto sales continue to stay strong globally. We are seeing some shortage in Palladium and as long as we have the economy continue to grow Palladium will still be in high demand along with Platinum. If the world economy grows this year we should see Platinum Silver and Palladium outperform Gold. If we are sluggish and the dollar continues on a downtrend with higher energy prices it may help boost gold and the most undervalued precious metal of Silver which I believe will fair well over the next 2-3 years PLG has already been one of my picks and is up 10% today. Last year I was up 126% in my portfolio of stocks. I still own DDD SSYS ADSK

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