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Gold/Mining/Energy : Platinum Group Metals (PGMs)

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To: John E.Quinn who wrote (115)7/15/1999 8:48:00 AM
From: Johan Cloete  Read Replies (1) of 529
 
Platinum Investors

I am a South African platinum investor, and I would like to urge you to have a look at South African platinum shares on the Johannesburg Stock Exchange. The two most notable shares are Amplats(AMS) and Implats(IMP). The two companies are responsible for 75% of world platinum production, and with the current growth in demand, the outlook is tremendous.

Growth numbers for them over the past 18 months are as follows:
Amplats
Jan 98: R64,50
Current: R148,00

Implats
Jan 98: R 45,00
Current: R 178,00

Just as a matter of clarity, the conversion rate is R6 to $1.

Also notable is the fact that Platinum shares do not respond to negative market perceptions, but seems to grow with an incredible steady and solid momentum.

If somebody would like to contact me via email: johanc@glotecbi.co.za

Happy investing

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