The Gold Report interviewed James West on Sep 19th....

TGR: So who do you like in the sector?

JW: One of my favorite companies right now is Prophecy
Platinum Corp. (TSX.V:NKL), and that’s because I think
its going to turn out to be much bigger than the current
resource of 10-12 million ounces of combined platinum
and gold. Drilling is going to be continuous up there
come spring, and that current resource comes from
2.3 kilometres within a 17 kilometre land position with
multiple surface expressions of the same geochemistry
and geology as that which hosts the known resource. So
never mind 10 million ounces – I’ve been to the property
several times now and I get the sense that there is great
potential for a doubling of that resource.

He also said the following:

There is going to be an explosion in demand for
monetary metals, and many people forget that platinum
is a monetary metal as much as gold is, and at its current
price, is seriously lagging its decade-long trend of out-
pricing gold by a large margin. Platinum has averaged
around $400 to $420 an ounce higher than gold in the
last ten years, and so whereas gold has risen by 32
percent this year, platinum has increased in value by only
5 percent. And lets not forget that the political situation in
South Africa is becoming increasingly hostile to foreign
mine ownership, and so you can expect investment in
mine-dependent infrastructure to go wanting where it is
already in a decrepit condition if that trend continues.
That will negatively impact global supply, and thus
put upward pressure on prices, in the long term. If the
demand for gold is based on value preservation, then
platinum serves that function just as well as gold.