To: Gord Bolton who wrote (514) | 9/1/2002 10:01:12 PM | From: Natasha_Kidd | | | Interesing reading, thanks! Note that PTM has been trading extremely well during the last few trading days. I feel that all this has to do with the prez heading down to SA to cinch the new property. That should be welcome news, and might put us one step away from the big news. |
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To: Ptaskmaster who started this subject | 11/27/2002 11:46:26 AM | From: Natasha_Kidd | | | News Releases - Wednesday, November 27, 2002 PTM Subsidiary -- Active Gold Group Ltd. Closes $500,000 Private Seed Funding
================================================= On November 26,2002 Active Gold Group Ltd., ("Active Gold") closed a private, non-brokered seed financing for $500,000 Canadian at $0.35 per Active Gold share with seven outside investors resulting in a total of 5,457,141 shares outstanding. Platinum Group Metals Ltd. (TSX: PTM) will hold 1,461,904 shares of Active Gold or 26% as previously announced.
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To: Ptaskmaster who started this subject | 11/29/2002 12:25:15 AM | From: Natasha_Kidd | | | News Releases - Thursday, November 28, 2002 Platinum Group Metals Ltd. Enters Into Agreement for Brokered Private Placement for up to $2,500,000 =================================================
Platinum Group Metals Ltd (TSX-V: PTM) has entered into a best efforts agency agreement, subject to regulatory approval, with Pacific International Securities Inc. ("PI") and Haywood Securities Inc. as co-lead agents for an offering of up to 1,600,000 Flow Through Units at $0.65 per Flow Through Unit and up to 3,000,000 Non-Flow Through Units, at $0.50 per Unit….
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To: Ptaskmaster who started this subject | 12/2/2002 5:23:20 PM | From: Natasha_Kidd | | | News Releases - Monday, December 02, 2002 Two Drills Being Mobilized to Test Newly Discovered Mafic Intrusion Adjacent to Platinum Anomalies and Stinger PGE Zone ========================================================
Platinum Group Metals Ltd. (TSX-V: PTM) is pleased to announce that prospecting on the Company's Thread and Pebble properties, located 35km east-northeast of the Lac des Iles Mine, has resulted in the discovery of a previously unrecognized large, layered mafic intrusion.....
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To: Ptaskmaster who started this subject | 12/18/2002 10:14:43 PM | From: Natasha_Kidd | | | Wed Dec 18, 2002 Update
-------------------------------------------------------------------- Platinum Group Metals Ltd. (PTM: TSX-V) provides the following update.
The Company now holds four option property interests in South Africa including the Elandsfontein, Ledig, War Springs and Tweespalk properties. As previously announced, these properties are held under option agreements with the underlying owners. Africa Wide Investments, a black empowerment company with considerable expertise in the legal and environmental fields, is a 30% joint venture partner on the War Springs and Tweespalk Projects. The Company plans to drill on all four of its South African properties in the first quarter 2003, provided the Permits are in place. platinumgroupmetals.net |
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To: Ptaskmaster who started this subject | 2/5/2004 2:46:10 PM | From: timester | | | PPG.T will be an interesting one to watch. A deal is almost struck on the Theiry mine which is a shut down copper mine but had some showings of platinum and palladium. Do not know any details but an announcement could be soon. |
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From: aknahow | 8/22/2012 8:08:59 PM | | | | Yes given the uncertain supply situation platinum may do well in the short to medium term. But Nanostellar, a private company, really is able to commercialize Noxicat then it is all over for platinum.
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"In addition to significantly reducing the costs of emissions control systems, Noxicat™ has numerous performance benefits over the incumbent platinum based catalysts" commented Pankaj Dhingra, Nanostellar's President and CEO. "Noxicat™ enables higher fuel efficiency by allowing engine designers to reduce the frequency of filter regeneration events and allows for redesign of the emissions control system for further optimization."
Dr. Bulent Yavuz, Nanostellar's vice president of sales and marketing who has been monitoring the reaction of early customers stated that "Noxicat™ has created an unprecedented level of excitement among heavy-duty diesel engine manufacturers for both its performance benefits and its promise of significant cost reductions. The commercialization efforts received a further boost when customer testing revealed that Noxicat™ is able to regenerate itself after exposure to fuel-borne sulfur."
PR Newswire (http://s.tt/1l925)
Noxicat uses no precious metals. Previously Nanostellar developed and commercialized NS Gold which replaced part of the platinum used in light diesel vehicles. Don't expect that to compete against Noxicat either. Check out worldwide interest on Nanostellar's Twitter.
It took 10 years for platinum to see production use 70% of production used for catalytic converters. At the moment Noxicat appears to threaten only diesel vehicle use of platinum. It could be worth understanding what makes impossible to use in non diesel vehicles. |
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From: canucklehead80 | 9/14/2012 2:28:49 PM | | | | Opening Up The Ring Of Fire Wes Hanson Discusses Noront’s Nickel-Copper-PGM Feasibility Study Kevin Michael Grace
Noront Resources Ltd V.NOT announced September 5 the results of a 43-101 feasibility study of its Eagle’s Nest nickel-copper-PGM mine at McFaulds Lake in the Ring of Fire, northern Ontario. Based on metals prices of $9.43 per pound copper, $3.60 per pound copper, $1,600 per ounce platinum, $599 per ounce palladium and $1,415 per ounce gold, the study forecasts an aftertax net present value (NPV) of $543 million (at an 8% discount rate), a 28% aftertax internal rate of return (IRR), a $609-million initial CAPEX, plus a $160-million life-of-mine sustaining CAPEX and a three-year payback period.
Eagle’s Nest contains proven and probable resources of 11.1 million tonnes grading 1.68% nickel, 0.87% copper, 0.89 grams per tonne platinum and 3.09 g/t palladium. The mine is forecast to produce one million tonnes per year, producing 150,000 tonnes of nickel-copper concentrate annually over 11 years, at $97 per tonne or $2.34 per pound of nickel equivalent.
Read more of this interview with Wes Hanson on Noront's Nickel-Copper-PGM play. |
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