what next, page-16

Will be interesting to see how things go re profitability of this qtr. Just read the latest edition of Platinum Gazette (google it, its not one of those sites you can cut and paste easily) the local paper in the area of the Smokey Hills Mine, and a nearby mine like Smokey Hills, along with its concentration plant, has just been placed into mothballs. The platinum mine was under construction and 30% complete when they stalled development. They stated it was a mix of poor demand in the current market, lowering platinum price, South Africa being a bad place to mine (workforce issues etc)and poor future outlook that helped the decision. Time will tell if that was a wise move relative to PLAs approach of crashing through by taking over operations. Hopefully the next qtr report will reveal all. But wish they would release monthly production updates along the way to inform shareholders, and perhaps help to generate shareholder pressure to keep a focus on improving things.