May. 12 at 8:33 AM
$PLG
THE PLG EXPOSED: How Platinum Group Metals (NYSE: PLG) Uses Retail Investors as a Personal ATM – A Deep Dive into Legal Dilution.
Introduction:
I’ve been holding PLG (Platinum Group Metals Ltd.) for a while, and after digging through the filings and watching the price action at a
$3.50 cost basis, I’ve realized the painful truth. This isn't just a "junior miner" waiting for a breakthrough. This is a sophisticated machine designed to extract capital from retail investors to fund management’s lifestyle through relentless At-The-Market (ATM) offerings.
1. The "Infinite Paper" Strategy (ATM Abuse)
Since 2022, PLG has turned the NYSE into its personal printing press. In March 2026, they launched yet another
$60 million ATM program. Here is how the "scam" works:
Every time there is a slight rally or a "green day" in the PGM sector, the company activates the ATM.
They dump millions of new shares directly onto the market.
This creates a massive ceiling, ensuring the stock can NEVER
