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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (72)	12/16/1999 11:11:00 AM
From: ali	Respond to of 349

Hello Ms.Andrews, I have to agree with you about the supply of the platinum metals. However,North American industrial interests need a home grown supply very badly which can guarantee supply when needed, not when financial needs of the producers or the whims of foreign politicians supply it. With the increased use of these metals in the high tech industry and an enviromental safe metal (from cars to refining)The present production might not nearly be sufficient.Did you know that all the harddrives in all the computers are plated with platinum? In order to encourage more supply the price went up, but the finding of and production of the platinum metals is very different from gold and not nearly as easy and also the lead time from finding a deposit to the actual production is much longer.The Sudbury east area offers an opportunity to come up with a sizable supply and I hope that they do find some economic deposits.

To: Elizabeth Andrews who wrote (72)	12/16/1999 4:02:00 PM
From: Ptaskmaster	Read Replies (1) \| Respond to of 349

The nature of my investments comprises my bet that the Russian pgm resource is finite, in the sense that: Noril'sk is inefficient and might be running out of available reserves; that Noril'sk and other Russian production is limited in the supply pipeline to the west; that above the ground stockpiles from past production are being depleted; and that exports of precious metals are becoming increasingly important to Russia as a means of securing hard cash or loans. If South Africans can profitably increase supply and export through their supply pipelines, why are the two largest producers exploring through JVs in Ontario? Pt and Pd markets are small but specialized, as are their applications in areas where there are no comparable substitutes. Their scarcity and price exceeds that of gold. I thought Inco's Sudbury production of pgms had fallen over the years, and Voisey Bay may not carry even these grades of pgms. However I could well be mistaken on both these points as I don't much follow the companies that produce pgms as a by-product. For the Canadian juniors primarily looking for pgms, the Pt and Pd low grade resource are becoming clearer; now it turns out there are hopes for higher grade resources too. Ptask

To: Elizabeth Andrews who wrote (72)	12/16/1999 9:30:00 PM
From: matt	Read Replies (1) \| Respond to of 349

Always enjoyed and respected your point of view on many threads and saved money e.a to just g also enjoy your threads and there are many points you make that are backed up with rands rather than loonies ! sure hope the south africans are not buyingin cheap to control possible supply and sit for 20 years we may think 5 mil is lots of money but thats petty cash if you want to corner a market look at hunt brothers.on the flip side could this be the next diamond like play. would not want to miss it ?