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Gold/Mining/Energy : Stillwater Mining (PGMS) - pure platinum/palladium play

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To: ralph keating who wrote (146)6/6/1997 6:27:00 PM
From: virginijus poshkus   of 182
 
Ralph, the Russian Commie Dogs are having a problem at their Norlisk(sic) nickel mine. Production of the PGMs have been way off target. This is what I have heard. The original runup from $150 to $170 in palladium was due to this reason but then a rumor surfaced and said that the commies were not selling to boost up the price. Well the price is up and they still are not selling. What does this mean? It means they don't have any product to sell and still must be having problems at the mine. The same goes for platinum. I would venture a guess for next week, that SWC will see $30.

vargas
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