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TSX edges up during U.S. holidayEarning Reports to Watch (Jan 14-18)Earning Reports to Watch (Jan 7-11)Sprott is a secured lender in this project, as well as a shareholder. The mining start-up looks like it has been fairly troublesome. If they work through their problems, which he thinks they will, he thinks there is tremendous upside. However, there is risk. There is tremendous upside if they can make all this work. This is not for the faint of heart.
Likes the people and likes the platinum business a lot, and the balance sheet is a little tough. If you own it, pay continual watch on the balance sheet. Look at it every quarter. If they are successful in turning on this plant without any hiccups, there is an awful lot of upside leverage. Their cash position, relative to their need for cash in the next 3 quarters is going to rate real monitoring.
Platinum only comes from Africa and is used in Catalytic convertors. This stock is expensive and he has probably missed it now.
Platinum Group Metals Ltd is a Canadian stock, trading under the symbol PTM-T on the Toronto Stock Exchange (PTM-CT). It is usually referred to as TSX:PTM or PTM-T
In the last year, there was no coverage of Platinum Group Metals Ltd published on Stockchase.
Platinum Group Metals Ltd was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Platinum Group Metals Ltd.
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0 stock analysts on Stockchase covered Platinum Group Metals Ltd In the last year. It is a trending stock that is worth watching.
On 2024-11-08, Platinum Group Metals Ltd (PTM-T) stock closed at a price of $2.3.