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Prophecy Platinum: Potential To Be Large Palladium Producer

  Broadcast in Business

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Prophecy Platinum controls one of the largest undeveloped platinum and palladium projects in the world.  This mine could be one day the third largest producer of both platinum and palladium in North America after Stillwater Mining and Vale.  Prophecy's exposure to platinum and palladium which could be in a supply deficit this year is a big advantage in a tough resource market.  There are very few companies with top notch undeveloped projects.  Prophecy's Wellgreen Deposit could be a major answer to fill North American demand for additional secure supplies from new mines in stable jurisdictions.  The increase in demand for platinum and palladium can not be filled through recycling alone.  Prophecy Platinum's Wellgreen Deposit which is already a major deposit has room to potentially grow.  The company is working to develop some very exciting exploration targets, which they will be looking to drill later this summer.  
 
Disclosure: Author and Interviewer owns Prophecy Platinum and the company is a sponsor of my website.
Tags:
platinum
palladium
platinum group metals
pgm
precious metals
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