OK there it is. DFS on Scandium at Owendale. Nice long term spec play until an order or two appears to back stage 1 PF. Thats what it was all about. New tech new market development, long term nice.
Now put it on the shelf, assign a juniour marketer to advertise it in the relevant places seeking expressions of interest in due course, and FOCUS ON WHAT THE WORLD NEEDS NOW.
PGM was and Is all about its MASSIVE SKAERGAARD PRECIOUS METALS PROJECT FOR GOLD AND PALLADIUM WHICH HAS BEEN ON THE SHELF SINCE THE 2013 SCOPING STUDY WHEN ITS METAL CONSTITUENT PRICES WERE A FRACTION OF WHAT THEY ARE NOW. JORC RESOURCE ALREADY DEFINED.
THAT'S what a new hotshot MD should be all about as we enter a new deflationary pause for the new tech, and global economies are about to enter a competitive paper burn phase for survival.
Skaergaard is what the company and its shareholders can make the megabucks on now while we wait for Santa to appear for the new high tech stuff. Market has spoken. You gotta be creatively proactive otherwise I will soon have the opportunity to consider adding to core at two pivotal support levels below.
Where's that juniour marketer we can still afford before the next dilutionary cap raising nigh?
We dont have to spin off anything at current pennies market cap now. We already have the appropriate name, PGM, PLATINUM GROUP METALS, PLATINA RESOURCES LTD. We can spinoff Scandia Resources later when we have some supply agreements in hand.
Come on Teddy, argue with me if you have anything relevant to say.
I will continue to trade the pivotal levels but also OK to see this lower now to add to core.
PPs 1.8. 3.8. 5.4 6.5. 8.2. 9.5. 11.5. 14. 18. 26. 32. 42. 62. 90. 120. 187. (opinion) That's its entire trading range
But I am not happy with current project direction focus, or lack thereof, so have other things to focus on until the Ice Queen awakens.
Meanwhile Pd charts looks hot and Gold looks warming with AUD again looking like it wants to help.
Opinions gents.
DM I abstained from voting cos CM needs a chance to show what he's made of, not that it would have made any difference as the major holders obviously also had same idea. How right they will end up being will soon be decided by the market.
Btw great Sc report confirms we are the global numero uno if anyone wants a cheap stable primary source of Sc with yet to be completely defined Co and Ni extras. Good long term investment u would think. Geez if I was a Musk I'd be trying to steal PGM now. 15 mill MC ? RIDICULOUSLY cheap to a creative proactive pirate. But no one will make an attempt unless they can first secure the top holders' parcels and they aint likely to give them away with all them hot precious metals beckoning at Skaergaard.
Opinion opinion.
