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Platinum Group Metals Ltd. (PTM.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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1.6800-0.0600 (-3.45%)
At close: 03:59PM EDT
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  • d
    dan
    Copper, gold and battery metals prices are expected to hit record highs and should be very positive for PLG. The lack of new copper discoveries in the last ten years means that companies like PLG could soar. Another impressive copper gold cobalt company Red Metal Resources (RMESF: OTC) (RMES.V) recently reported impressive drill results showing what could become high-grade copper mine. Cobalt was also encountered that could be worth as much as the copper. Red Metal 100%-owned claims of about 3,378 hectares are in the Chilean Carrizal district that is estimated to have yielded more than 3 million tonnes of copper which translates to over $24 billion at todays’ prices. Additional drilling results from the same drill program are due in a few days and could send shares higher. RMESF or RMES is undiscovered and undervalued and trading between 12 to 15 cents with tiny market cap of about $5.5 million.
  • T
    The Boss of Bosses
    So the G7 just sanctioned Russia's gold exports. What happens to the price of platinum if that's next to be sanctioned? Russia accounts for 15% of the world's platinum production so taking that off the free market I would think will squeeze the supply of platinum big time, especially if buyers like Caterpillar and all the others panic buy to make sure the have enough supply to last them. Hmmmmm....
  • T
    TruthWillBeFound
    Issuing up to $250M in new shares over next 25 months. That does not bode well for the remaining $156M in share holder value. Free haircuts anyone?
  • R
    Roger47
    They have a project with great potential, and now a partner to help make it happen. The question is, how long will it take to get the mine into operation? Buyers for the long term might do REALLY well if it works out. Does anyone know what the timetable is??
  • T
    TheWayItIs
    so what's the deal? why am I happy with this company for a change? Phenomenal day
  • t
    twig
    Dont be short tomorrow. Judge ruled in favor.
  • J
    Jason
    PLG is showing pretty strong support at 1.26/share. The only thing that will drive us lower is if the US dollar index or the dxy goes up it could go up to around 112 I predict or wait and see though what the FED does
  • j
    jatt
    Sold it today.... good luck.
  • T
    TheWayItIs
    looks like we are verifying the Lassonde Curve.
  • 少軍
    the price will probably drop today. but if it doesnt we should see big gains again soon
  • M
    Magnus
    Nice run by PTM
  • L
    Leo
    back to reality
  • L
    Leo
    platinum looks like to break up soon
  • T
    Tesla_Fan
    2 years long in every press release they are writing the near objectives of the company are... The management of PLG are terrible they are not reacting on mail or phone. The PR person is very rude. 100% sure that PLG is causing those low share prices in order to pay the rental cost office and salaries. But in fact they are stealing money of us. Once again this is a scam company with every time a delay in planning! Not long anymore and I will put a lawyer on them.
  • J
    Joe
    Company has 13 employees, no cash, no revenue, earnings losses, not mining, no operations, they are basically out of business. Look it up. Keep chasing it up so the insiders can steal your money when they sit around doing nothing but selling stock because the company is no longer operating.
  • M
    Matthew
    Odd .27 spike ptm is waking up
  • j
    jatt
    very nice
  • D
    Doug O
    They plan on mining in 2024, accumulating for the long run, have some patience, they are not down more than just about any other stock
  • P
    Paul
    Bulls powering up 🐂💥💨
  • T
    TruthWillBeFound
    Will PLG issue another 1-10 split, making it effectively 1-1000 with (3) 1-10 splits? If this goes under 1.00 again, then yes you can bet the farm on it!,