The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: koan	6/7/2011 12:53:01 PM
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PGM's continue their meteoric rise today? Seems like something is up with them? Especially PD. I bought Sept PAL 4's and 5's call options. I like PDL's management. I also like the fact they are doing massive amounts of drilling and could hit an elephant any time. Their weakness is getting the sleeping giant making money. Their strength is that they have the ore outlined in Lac De Isle for 10 years of 20,000 oz of PD per month at about $150 an oz (compared to 10,000 oz a month today at about $500). They are driving shafts into new ore boday right now. They could also find a lot more ore. The market did not like their spending hundreds of millions ramping up optimum production and sacrificing some present production. Don't know a lot about SWC, except rock is bad and miners hate working there. Too dangerous.

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