Why would PAN track the platinum price? Are their gold operations not larger at this stage? I know they have platinum projects that will come into operation in the near future which should prove very profitable
That's what I mean, I dont think thaey are spending money on the Plat projects until demand inceases. Would you invest in something that is not demanded for? Their gold ops are running 100% so their options are to explore for further gold or if the plat recovers and demand inceases then they will spend. Maybe they should look at buying so more non-core assets from MTX, wouldn't that be irronic, going from being operated to being the operator. Shame MTX is taking a beatting lately.
I waiting for for it to move past the 88c mark and then I personally will jump in, good management and good prospects. I will look at putting about 5% of my portfolio into this little speculative share.