There are lot of questions lately about sp target, today in germany we had short term sp target 0.2€ , and according to this source we must be even now at 0.25€ without any kind of news, so sp right now is totaly undervaluated. Once again to speak about KonLin report from the beginning of the year:

http://platinagroup.com/reports/konl...

With proven reserves estimated to be worth in excess of $300 mil. and non proven reserves of $1 bilion we should be now somewhere around 1$. Ultimate target is 4.25$. Here is one very interesting part from letter:

We would continue to purchase the stock on weakness for a 1 st target of 1.25-1.75 , especially since the summer drilling 5-wells on time and on budget, and as the completion process continues, will be adding to production , assuring that operational profitability is just around the corner - - could be as early as Q4 . Of the 40,185,587 shares outstanding, 24.1% is held by insiders.

PLTG is on thethreshold of becoming a major player in this segment of the industry.

This is from another forum:

Don't know if they have all their skin in the game, but I did note Blair has 3+ mil shares from March '07, and I found no record of him making any sales when then stock hit .55 , meaning that 15 months ago he thought his shares would be worth more than that in the future. I think he will be proven to have been correct..

I think that 0.25$ is very closed. We can very fast come to this short term target, not so many resistance upside. And do not forget that this week we are waiting for many news:

Kentucky, Tennessee and Wyoming news

10KSB-Filing

Happy green week!