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Strategies & Market Trends : Strictly: Drilling II
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To: Frank Pembleton who wrote (17333)8/14/2002 5:11:36 PM
From: Sharp_End_Of_Drill  Read Replies (1) of 36161
 
Frank, re SWC.

The big concerns out there have to be Anglo Platinum planning a massive capex expansion with a goal of doubling production, and concerns that SWC isn't making enough profit to pay off the debt they incurred in their recent expansions.

I think these metals have a bright future someday, expecially if PGM fuel cells someday take off. But, for now things don't look good.

Sharp
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