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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Ed Fishbaine who wrote (6992)8/17/1998 10:15:00 AM
From: Chuck Bleakney  Read Replies (1) of 14226
 
I like your highly optomistic attitiude, but I think that it is just that... I think this process has a while longer to go before it sees fruition. I do feel that it will be fruitful, just that my expectations for a time frame are a fair bit longer. Part of my basis for that reason is the market in general... Even though it seems healthy today I fear for its near future. Not disastrous, but just think that the "asian contagion" is going to be a rather nasty flu and
as such will push prosperity out a bit further than you expect.
I did finally board the train though... the price of the ticket was right... and all the other pieces I was looking for fell into place. I'm in no rush... if the train is delayed for a while longer it is a delay I can live with. One of those pieces was what appears to be a strongly emerging market for automobiles which will have fuel cells instead of internal combustion engines... and PGM's are a very necessary component of those fuel cells. It's the head's up I was looking for. This should start to kick in as we roll into the new millennia...

Chuck
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