PLA 0.00% 6.7¢ platinum australia limited

gold and minerals gazette, smy article, page-4

  1. 630 Posts.
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    The market really likes long life resource plays when th commodityy come into focus. The Japanese are considering stockpiling Pt but are holding back from the market hoping the price will fall.

    The example of AQP is a template for this stock if one is a little patient. I have noticed some more interest on AIM [code: PLAA] in the latest rises.

    There are three strings - Panton, Smokey Hills and Kalplats. All are on the grid but I am really waiting for the next drilling round on Kalplats - an open cut with big ounces possible. The is no Rh as per Smokey Hills but 3 - 4 g/t open cut at a combined $US700/oz looks OK to me.
 
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Currently unlisted public company.

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