Originally posted by soarer
And with gold @ $Us 1317
Palladium @ $Us 1350
Platinum @ $Us 820
Just put a $$$ value right now (not 5 years later ) on this .... JORC Code (2012 edition)
• JORC Resource of 203Mt @ 0.88g/t Au and 1.33g/t Pd:
• 0.69Moz platinum
• 8.67Moz palladium
• 5.69Moz gold
When market wakes up to this and start looking for any asx available palladium stocks it ll be too late ...
And your problem is ?
Maybe you should read all my posts regarding Skaergaard and Munni Munni .. have held this stock for a long long time.
My last post does not mention the Munni Munni at all.
It's not up to the market to wake up to what PGM has or does not have . it's up to the company to educate them. Their last announcement is in the right direction. The educated market knows what PGM has. The problem historically has been, especially in the last 12 months, too little too late on all fronts after the sudden departure of Robert Mosig. The other problem was the part time board showing a distinct lack of direction until CN finally arrived.
Are you seriously suggesting that Skaergaard is going to be mined by Platina ??? Have you ever run an exploration company ?? I have and still do.
I have been around the traps a lot longer than you have in the mining game.
The Munni Munni deposit is a genuine resource with mining licenses in tow .. Platina now only hold 30% of it. ARV seem to be all over the shop and I fear the Munni Munni potential will not be realised for some time if ever.
Can PGM revive Munni Munni or Skaergaard quickly to benefit the current shareholders with their professed total focus on the Scandium resource
at Owendale for early cash flows ??? Time will tell. But I am not interested putting in any more money into this stock.
It's no wonder that the last quarterly announcement mentions that Platina are actively looking for OTHER assets .. undervalued / strategic etc etc.
Why do you think that may be, when you think the answer lies in the Skaergaard.
Maybe ARV could do a better job with it.. maybe not, at this stage neither will ever mine it unless they are taken over by much larger players with very deep pockets. The global majors are no fools .. they are looking for bargains. Have you ever tried to raise $AU5- 20 Mill for one of you own projects in the last 6 months .. hardly likely!
The Junior Resources listed companies are having a hard time of it right now, the ones that are smart and cannot raise funds in the Global funding market usually do well with doing JV's with cashed up and Savvy majors.
If you have a problem with what I write .. put me on ignore, otherwise I will give you a reply that involves a lot of hands on experience on the ground and with investors, doing the hard yards, unlike you.
Just my views at this point in time.
HR
Put it this way, because you turning it to a personal … compare our projects , experience in mining/investing etc ..
I stated what I believe, you did what you believe time will prove the rest .. not need ignore button I like to read all posts …
