PLA is doing well IMO, AQP is doing better and its also a DOW market day....This entire sector is due to rally IMO....
Any long term holders have any insight? I have done some research...
I am bullish Platinum prices
I also read they expecting to reduce costs 10-15% by using their own employees,not contractors
Their production quantity has been down due to strikes,christmas ect ect,,,IMO if they can get production increased and running efficiently,decreased costs and the Platinum price holds or goes up we are in business?
They also have a few other projects which have huge resources,,,,
i had a quick look at the balance sheet,,,looks like we have about 14 million cash, good few million in receivables,good amount in other assets and only about 10 million in debt...looks good too me....
dyor
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