2016 looks like a rough one for stocks. Join ULTIMATESTOCKALERTS and get the edge you need. They only alert Nasdaq and nyse stocks that have good chart setups, don’t miss the next 1.
Wait we are waiting for is for production to ramp up. Don't confuse thruput with turnaround. IMO weakness is due to the fact that production ramp up has been slower than expected. Th
So the process is in motion and all we can do is wait..The price of PLG's is on the way up so it is not all bad. THANKS for the the information
From ore to concentrate is not that long. Longer is the smelting and refining process. From ore to bars can be 3 months or more - smelter is nearby at Anglo-Amer Plat. I don't know who does the refining.
I looked up the plg extraction process from ore, to make it is a complex process so the question is what is a normal time frame to achieve the end formula platinum concentrate
While I will not disagree, this has been Jones' way for a very long time. When he created Mag Silver it appears to me to be the same. He sacrificed shareholders to get the job done. Wrong or right, he did get the job done. The only reason I am still in is that Waterburg will never be brought online without a buyout IMO. And they better fight for a premium price.
At this point it's more about balance sheets than the spot price of platinum. Yes, in the long run, provided this company can get the metal out of the ground with cash on hand, higher metal prices are encouraging. But, this could very easily go into the death spiral of North American Palladium (PAL). For me, this next quarter is make-or-break. They demonstrate they are reasonably on track for the 110,000 ounces they predicted, without further financing, I'm in. They show me that they will perpetually be behind and burning through their limited cash (including the newly infused 33 million) and I'm out, for quite a hefty loss! This ignores the opportunities for countless more financing deals between and now Waterburg being developed.