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

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To: Ptaskmaster who wrote (338)4/3/2000 2:29:00 PM
From: Bruce Robbins  Read Replies (1) of 529
 
Can Anglo and Implats really lose? If they come up with nothing economic with PFN and MMIN it's a tax write-off from the enormous profits they will generate this year. If they come up with something mineable, it will have cost them peanuts to acquire and they will add to their enormous profits. A no loss situation and the reason why their involvement with PFN and MMIN does not impress me at all. Promotion... It is hard to remain objective with press-releases <g>. Scott Jobin-Bevans has b*lls. He is "almost" saying that this is economic on three drill holes. He better watch that he doesn't hang from those big b*lls of his if he is wrong <bg>. IMHO, It's a little early to be calling the home run. This is a great speculation for the moment, and I hope it turns out to be what everyone wishes it to be. It may become the best thing that happened to Canadian mining in the last three years.

Bruce
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