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Gold/Mining/Energy : Canadian Warrants Only

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To: roto who wrote (2776)2/21/2008 5:39:59 PM
From: koan  Read Replies (3) of 23102
 
Loch, I am using the explosion in platinum as my guide more than palladium. I know there is still an overhang of PD, but the amazing explosion of pt is more than specualtion I believe and the palladium moves are getting larger.

I sold another 1,000 pdl wts today and put it into BWR wts which is sort of taking profits-lol.

But using unemotional logic, one would think PDL should go to $14 pretty quickly which wuld put the wts at $9. It also makes sense that PD could easily go to $1,000 and PD could go to $30 or $40. The auto companies could start panicking any time like when ford paid $1,500 an oz for pd a few years back.

I want to own some of that company when/if it gets there, but will probably, as mentioned start selling wts and buying stock at around $20 if it gets there??

And in th elong run as my chemist son in law says there is simply not enough PGM's for world pollution needs, so it might be good to own some PDL for when they get the artic project going.

I actually think someone will take thme out long before that.
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