POD 100% held Parks reef = Platinum rich deposit some 49% of the PGM5 -6Moz+(2.9Moz Pt)
--for those that didn't already know>> Platinum is mostly traded on the New York Mercantile Exchange, the Tokyo Commodity Exchange and the London Bullion Market. Platinum futures contract trades in units of 50 troy ounces. Platinum is among the world's scarcest metals and is used primarily in the production of automotive catalytic converters, in petroleum refineries and in the chemical and electrical industry. South Africa accounts for 80% of production followed by Russia and North America.
I see Platinum tapping on $1000oz at present .. we see Pt get much higher it will break through many resistance points just over 1koz and we could see it surge towards 1200-1300oz pretty quick next year
POD Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
