PGM 4.55% 2.1¢ platina resources limited

Skaergaard, page-71

  1. 7,486 Posts.
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    One thing to realise about Skaergaard.
    GRD Minproc did the original scoping study for the resource for us 10 years ago.
    Gold was 654 and Palladium 400 at the time.
    Yet Case 4 in Hots post of that SS shows IRR 35 pct at THOSE old prices ?????

    Then in 2013 it was upgraded so a small portion could be defined under JORC 2012 and Canadian standards .... thats the 6 mill ozs Gold + 9 mill ozs Palladium we talk about in here.
    Obviously preparing to launch it.
    But gold fell away and Pd remained at the lows, so Skaergaard was put back on ice.

    We are basically ready now for next stage PFS with some in fill drilling.
    We are ready for spin-off and prep listing elsewhere once that decision is made.
    It is too big to be part of PGM's cornucopia .... it has a cornucopia of its own.

    I wasn't aware of the high grade Vanadium included among the goodies ... ta Hotrock.
    Hotrock no doubt is now doing the back of envelopes ta mate.

    I would be very surprised if it isn't already capable of attracting a major player. Reckon they are already looking. Maybe as Winfield muses it could be part of a larger combo pack for an appropriate suitor .... now THAT could be speciaaaal.

    Reckon a 10 mill IPO for 20 pct would start the snowball rolling and shouldn't be hard to justify with the right support in the right place, Canada, espesh given the Munni Munni attraction which must already be creating some kinda valuation in insiders' brains there ..... MM shld be part of the pms vehicle ....and maybe even the Pt rights at Owendale

    Spot hits last nite Gold 1326 Palladium 1110 .... moving fast .... the bears are gonna get run over.
    Pd 1150+ is blue sky. Even Pt is starting to stir.

    Wanna see that spreadsheet.

    The Ice Queen is ready to rock on, Come on bros stop procrastinating, time to lead the pack.

    OWEP

    We better stop all this hype about Greenland and start focusing on Owendale again cos that's what the market wants hey. Agree, we need a different company forum for each.

    Its gonna be one hyped up hot 2018 bros ....... can u feel it, can u feel it .....?
 
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