Platinum Group Metals (PGMs) Message Board

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

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To: ForYourEyesOnly who wrote (280)	2/16/2000 3:26:00 PM
From: russet	of 529

Hi THC, I know the focus on IDO used to be the extension of the JM reef to the east, as well as sections of the JM reef that appear to jump onto IDO staked property here and there,...the JM reef being the ore body that Stillwater ($40US+ US stock I think) is mining. I suggest the chromitite layers that exist just South of the JM reef appear to run the entire length of the JM reef, and they give much higher PGM values from outcrops measured in the ounces per tonne may end up being a more interesting target. It appears similar in chemistry to the UG1 and UG2 reefs associated with the Merensky reef in South Africa. The recent JV with Chrome Company gives IDO a lot of drill core that was done in the 1960's to assay for PGM's on these chromitite layers. The PGM rich layers are just above the Nickle copper target another company was testing for in conjunction with the U.S. government back then. They didn't assay those layers for PGM's but IDO is about to. Results will come soon, and if they confirm "ounces per tonne" this stock could become another Stillwater quickly. A little more on IDO at its thread,... http://www.siliconinvestor.com/readmsg.aspx?msgid=12849826

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