PLA.AX (Platinum Aust Ltd) swinging upwards : Make $10k into six figures | Stock recommendations

RECOMMENDATION: BUY @ $0.15 SELL @ $0.23 (conservative), $0.32 (moderate) or $1.11 (speculative)

Just wanted to tell you about a darling of a stock, named Platinum Australia Limited (PLA), which has risen 250% in a single week. It's literally bounced from its 52-week low of 0.06 to a beautiful 0.15 today. For your information, its 52-week high is 0.61, which means as this little beauty bounces back up, your $10,000 investment at the current $0.15 could become a whopping 0.61/0.15*10k=$40,667. That's a year's worth of salary dammit. Just imagine if you had bought it at its low of 0.06 and your $10k now become 0.61/0.06*10k=$101,667. You'd be on six figures.

The market capitalization is currently $73.22m (@$0.145), which is way below the ~$50m mark of most other companies. Its assets alone are in the $161m mark; net assets at $118m. Its pretax cash-flow for 2011 was $563m. Wow you say - its capitalization is $73m and its net assets are $118m, assets $161m, cash flow $563m?? Where does this put our share price expectation then? The answer is $0.23 for capitalization to match net assets, $0.32 to match assets, and $1.11 to match cash flow. With $10k invested @ $0.15, this would give you $15k, $21k, and $74k respectively.

So what's been causing this awesome boom? This little project called the Smokey Hills operation in South Africa. For more information, check this out

http://www.mineweb.c=om/mineweb/view/mineweb/en/page674?oid=148038&sn=Detail&pid=102055). What you may not know is that whilst the share priced dwindled, the Directors invested more and more shares - which when it rises, is going to make a few little millionaires. What makes a good company is a good drive: In January, there were 1,094 tons trammed/day, as supposed to by March 23, this had almost doubled to 1,890. This is a company that has strong financials. This is just like the Apple story-

So when will you invest? The initial story saw a 25% soar in the share price. It's a ASX500 company meaning it's big big big. And now it's one beyond 25% - to 250%. So when will you invest? When will you make the choice to become a millionaire?