Everyone who has been in this stock, must now realize how much the company is oversold, we have waited so long for the shaft to get up and running and who ever has waited to buy now is going to reap the rewards.
I;m way under water on the stock but I wouldn;t of invested in it if I didn't believe in the company, I do think the company will prove its value and expect results to increase the share price in the next year after producing results.
And a thanks must go to Blue, Bell etc and the other posters here who post there thoughts.
Workers at The Association of Mineworkers and Construction Union (Amcu) seem to be on a strike spree, as they voted to strike at Impala Platinum Holdings Ltd. (Implats) ’s South African operations, and said they are considering downing tools at Anglo American Platinum (Amplats)’s mines
Timing is about right, just when the metal was holding stable around the 740 mark, we should see it move up a bit quicker now and hopefully PAL share price might follow.
Blue I enjoy yours posts, just a few things - I hope they don't get bought out,mainly because I see the price of the metal when it does move it will go way over as most spikes in prices go and if that happens and this company can actually start up the shaft with out to many problems- they will have problems , I can see the stock going way higher.
Thunder bay is way under explored and we will see in December what else they are holding up there sleeve, imo,
The current share price is a joke atm, they have outlayed the money to produce and the share price is not showing it at all - I do expect the stock to gain again today more than yesterday - I have always seen a delay after a announcement.
good luck to everyone holding
Sentiment: Strong Buy
Ore being brought to surface, one thing to note, the fourth quarter should be good, with the price of the metal heading higher, currently at 750, it broke the 740 barrier which was a hurdle it found hard to breach, however it has past it now and it should continue to climb to the end of the year, if they get enough of the ore to surfsce we should see the stock increase as well.
Expect more good news to come when they announce results in a few weeks, and also expect the share price to head up before they announce results; good luck all
This will be to announce everything we need to know, ore being hoisted to surface and any problems that have occurred, expect good news for once and it has been announced that ore has reached surface, the share price will also move. good news , my thoughts