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 : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.430+0.1%Jan 29 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: koan who wrote (1347)4/29/2000 11:02:00 PM
From: Brumell  Read Replies (1) of 2255
 
Just a few thoughts, Koan and strictly FWIW.

You may be correct about future PGM prices and supply. Perhaps they will go up. If so, seems to me the way to play it would be to invest in companies that produce PGMs.

There is nothing wrong with the Sudbury area play but at this point, none of the companies you mention have PGMs. We all know PFN have pulled several holes that look promising. They could get better! Regardless, it will be years before anything is ever produced by which time we could be in a negative PGM price cycle.

At this point, the companies you mention are strictly exploration bets. Odds are most will fail. Odds are most will also create a volatile market based on dreams and hype. That's what attracts punters like me. PGM prices only fuel the dream. They won't put metal in the ground.

My Dad used to joke, "if we had ham, we could have ham and eggs.... if we had eggs." His point applies in a situation like this. We currently have nothing.

Inco, Falco, Stillwater, North American produce PGMs. They and others off shore will benefit from higher prices. Only thing that will really move our Sudbury players are drill results - and a little outrageous hype...<ggg>

Regards,
Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News