PLATINUM GROUP METALS Ltd. (AMEX:PLG)
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.
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Platinum is beaten down more than gold. Plg is at less than 1/2 it's one year high. Platinum use is going up. What's not to like?
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Its looking Bullish.
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Cheap price, high potential
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It's hit its low. White metals are bound to rise at some point.
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This has been churning voraciously over the past few weeks but (1) long term this there are dirt cheap assets here, and (2) it's probably a good trade in the near term.
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A lot of hype behind this stock.
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I don't like Soros, but I think he knows what he's doing on this one....
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outoffocus haiku
Platinum Miner
I like their fundamentals
Speculative Play
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up up and away
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(MS) has property in south africa where they dig up sweet rocks. platinum group is sweet.
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Solid Co Platinum
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Platinum making a strong move upwards in the next few months. This company is positioned with over 100M in cash and no debt. A takeover target for certain.
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Bright future for Paladium
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Platinum use is expanding and it is a limited resource
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Platinum has not been on as much of a tear as gold or silver has, and has large industrial demand. Still has a long way up to go.
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I've been bullish on platinum in my personal account since just before the ETF for platinum was created. I think the ETF will create additional demand on an already undervalued metal.
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Increasing my exposure to Platinum, because I think it is undervalued (the metal), as are many companies mining for it. Precious metals will go up if the economy recovers because of inflation fears; precious metals will go up if the economy makes a double dip, because they are the ultimate safety. Miners follow the metal. The only way this may not play out if the economy does not recover, but also does not fall back into recession...
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Platinum was suppose to be nothing more than my traditional seasonal trade...this is a tight market that can not handle the Chinese government lifting its ban on index futures....and a new EFT position....without making an investor $.
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platinum underpriced...plg one of few explorers...company suggests that it is ripe for takeover..plg relative cheap compared to slv, gld
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Commodity matters.
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