Phoenix Gold Resources (V.PHO) Message Board

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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO)

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To: Ron Struthers who wrote (28)	6/10/1997 7:38:00 AM
From: Richard Mazzarella	of 285

Ron, thank you so much for the information. I agree about the Pt market being red hot lately. The only caution is that the whole Pt run may be just the single effect of Russian production and delivery. Inflation appears to be a non-event looking at the gold market. However, considering the impact of Russian Pt market dynamics, the market would appreciate new production that's less political and closer to home IMO. If the PGM prices can remain high long enough, PHO could get the funding interest necessary that could bring it into a producing mine. Then it's just assay, reserves, production cost, supply and demand that limits PHO. Conditions to realize that are better than ever before for them, agreed. Thanks again for your post. I will point to it from some of the other threads.

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