Breaking news out of South Africa today. Platinum strike may end tommorow. No more negative headlines?
Even though ATL was not on strike this could help all the PGM equities and bring back wary investors to this super depressed "out of favor" space. ATL is the cheapest stock in the group(the best house in the bad neighborhood). But now the neighborhood may start to get gentrified. ATL's Bokoni mine is actually in a good neighborhood on the Eastern Limb away from the troubled Western Limb which has all of the migrant labor communities in Rustenburg. ATL's mine Bokoni is 650 KM away(approx. 400 miles). Buy
Google South African Platinum Strike for the articles