The beauty with PLA vs other miners is that their stuff is is dug up easily at the surface & not mined at deep levels like many others / this make extraction relatively cheap & conversely less viable for the deep miners, especially with platinum prices coming off.
Once again PLA looks very attracive now at producing Smokey Hills & for the future at Kalplats.
Money is starting to come thru the door / this is a no brainer as far as I am concerned & when the US credit crunch dibacle finds its feet, the SP will get the respect it truely deserves.
$3-$6 within 18-24months : thats my predication / just wish I had a spare 100K to throw at this baby.
PLA Price at posting:
$1.52 Sentiment: ST Buy Disclosure: Held