Hi all. Much like my Nevada post and the Yukon post from awhile back in the gold miners forum I am interested in starting a conversation on Platinum and Palladium miners.
I am interested in nibbling on some small positions. I've come up with a short list and was wondering what others thought about these stocks.
Polymet Mining Corp.
North American Palladium
Platinum Group Metals
Prophecy Platinum Corp.
I discovered there is a big deposit up in Northern MN that Polymet and Duluth Metals have stakes in the land up there. Polymet has a JV with Glencore who have invested about 118 million and own about 1/3 of the shares. Bottom line is that there is a pretty large PGM deposit with copper, gold, cobalt, nickle, and of course platinum and palladium. I read that there could be a trillion in the ground there. I'll have to see if I can find that article.
Here is a recent article:
Here is the other article I spoke of.
Colossus has that nice deposit in Brazil.
Overall I have more research to do on these but this is for starters.
Thanks for participating in the conversation.