Stillwater Mining (PGMS) - pure platinum/palladium play Message Board

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

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To: alan holman who wrote (158)	6/9/1997 7:42:00 AM
From: Frank Byers	of 182

Outlook next 3 to 12 months is probably beyond my capabilities. I think that it will continue it's economic outlook-driven stock price gyrations after this action subsides. The question is, how long and how high will SWG go during this runup? I believe that SWC's price does not reflect their opportunity to lock in $400/ounce platinum prices for the rest of this year and we should see some more upside this week. Longer term, even if/when the Russkies start minting platinum again the psychology of the market is going to cause more stockpiling of PGM's which will benefit SWC tremendously. We should see SWC settle out at a price above $30/share as people dig into SWC's story and discover what a great future it has. long and loving it, FB

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