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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE]

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To: RMF who wrote (216)7/27/1999 7:02:00 PM
From: Jason Marcotte  Read Replies (1) of 364
 
You may want to check further into the fundamentals of the current palladium (& platinum) market. I suggest finding a 3 year price chart on palladium. You will find that the price of palladium has TRIPLED in that time. Considering that the Russian palladium supply would appear to be dwindling, the palladium market is definitely a bullish one at this time. I believe the fundamentals dictate that Houston should be concentrating on its PGM property (which is very close in proximity to North American Palladium's operating palladium mine), rather than diverting its resources (both human and $$$) to a remote rare metals property which may or may not have "marketable" metals.

Jason
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