PLA 0.00% 6.7¢ platinum australia limited

splitset...Valuable lesson is best best money can be made when...

  1. 17,783 Posts.
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    splitset...

    Valuable lesson is best best money can be made when they are explorers.

    Ever since PLA became a producer it has been plagued with problems and issues.

    As i have stated before, BOA is the driver on this stock, they are churning the stock relentlessly, they are the main shorters here.

    Imo they will want to exit asap but they need volume to do so.

    Imo downside risk is limited at these levels. However I have sworn not to invest in any South African miner.

    I still have a spreadsheet analysis on PLA, 'IF' they can deliver consecutive quarters of targeted ounces then I would value the company at $89.6mil or 0.18 cents per share.

 
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Currently unlisted public company.

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