Platinum Group Metals (PGMs) Message Board

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

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To: koan who wrote (353)	4/18/2000 10:55:00 PM
From: koan	Read Replies (1) of 529

Wild ride today on the PGM's (see kitco 24 hour chart), but last I looked they had recovered all their losses and were riding to new highs. PT is at $481 and pd at %575. I think there is a quiet, but important, story going on here. Gold and silver just lie in the mud. What is ironic is that what I always thought would happen for silver is manifesting through PGM's instead. Most PGM's are produced as a by product of nickle and copper because values are too low to mine directly, UNLESS, prices are much higher. A strong demand factor could create this because how would supply be increased? A company is not going to open up a nickle mine to get PGM credits even at higher prices. Sudbury could be a natural!

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