SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Stillwater Mining (PGMS) - pure platinum/palladium play

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RagTimeBand who wrote (90)4/23/1997 7:28:00 PM
From: clifford atkin   of 182
 
Emory and all, i am an owner of pgms. great company, valued at 1/2 of what it should be. sooner or later the market will get the stock up to 50 bucko's. they have 10mm equivalent ozs of gold, at 100 bucks in the ground they should have a market cap of 1billion. presently they have a market cap of approximately 450mm. plenty of upside here. if you are a mutual fund looking for value in the precious metals why buy a pdg, abx etc at 125/oz when we are selling at 40/oz. I could never figure this out, if gold dives platinum will to but not as much. secondly platinum is much more scarce(100 to 1)than gold. addtionally, the economics of the metal make it more likely to move to the upside. if platinum went to 400 and palladium to 200 this year, you would be looking at $50 easily. good luck to all and may the mutual fund managers see this beautiful metal before it is to late

clif
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext