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Gold/Mining/Energy : Platinum Group Metals (PGMs) -- Ignore unavailable to you. Want to Upgrade?


To: Johan Cloete who wrote (119)7/26/1999 9:19:00 PM
From: banco$  Respond to of 529
 
Some funds adding up to 20% platinum and silver to their portfolios:

"...Gold funds have made themselves less vulnerable by adding non-gold
stocks to their portfolios. Oppenheimer Gold & Special Minerals Fund
has outperformed other gold funds by placing 20 percent of its assets in platinum and palladium producers, according to the Value Line Mutual Fund Survey.

Turk said the Midas Fund has approximately 10 percent of its holdings in platinum-related stocks, and another 10 percent in silver-related stocks."

(CBS MarketWatch/AP, 7/21/99)
cbs.marketwatch.com



To: Johan Cloete who wrote (119)7/27/1999 6:50:00 PM
From: James M. Belin  Respond to of 529
 
Johan,

Do you have any opinion on Lonrho? I have heard that the reorganization or restructuring has created a major platinum producer. Am I correct?

Thanks.

Jim