PLA 0.00% 6.7¢ platinum australia limited

platinum price set to shine !, page-7

  1. 1,245 Posts.
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    Hi fakeshark

    Yes, I agree the ducks are looking like they are beginning to line-up again. As you should be able to tell from my previous posts I am positive on the stock (still), having commenced accumulating back in June last year. My position is now set in place and the wait begins.

    PLA has disappointed the majority of holders and so has to re-build confidence. This can be a slow process, esp. when there have been so many broken promises.

    What is needed is one or two positive announcements for people to start considering the stock again as an investment. I think the majority of people (who might still be watching) are currently sitting on the sidelines waiting for a confirmation that the stock has hit the bottom and for a new share price trigger.

    One thing I have noticed over the past few weeks are the number of new people in the forum and old faces picking up a few shares and changing their sentiment.

    I'm expecting a couple (or maybe a few) announcements in the next month, which might provide a little more light on the company's outlook. However, for any confirmation of a turn-around at Smokey Hills, I get the feeling we might have to wait for the June Quarter production figures.

    Remembering that while PLA has the Smokey Hills Mine which we need to become profitable so we can be cash-flow positive in the near term. It also has three other exciting projects which are now getting to stage where they might soon get underway. Meaning more announcements and more clarity.

    I'm sure I could write more, but I got to go.

    Cheers

    Gus
 
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Currently unlisted public company.

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