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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE] -- Ignore unavailable to you. Want to Upgrade?

To: DRT who wrote (307)	3/3/2000 9:43:00 PM
From: WWS	Respond to of 364

Really good article, DRT, thanks for finding it and posting it for the thread. Kind of surprising that the Raglan in Northern Quebec wasn't added to the list of zones prospective for PGE's. Clearly, FL is finding PD there associated with their nickel mines (I wonder how much that they're producting?). And we can't ignore the excellent grab samples that NVE.V pulled there three summers ago. DNI.M more recently drilled off some Raglan sites near the FL holdings, but without any resulting notable PGE assays. Still, DNI.M has got to be of some interest, as their share price has fallen to just about a quarter, and besides the Raglan they also have some good Ontario PGE prospects that Tony Naldrett for one seems to have praised as being favorably prospective and similar to the Noril'sk complex in geology.

To: DRT who wrote (307)	3/6/2000 8:20:00 AM
From: WWS	Read Replies (2) \| Respond to of 364

Don't miss the article in this morning's WSJ-online about the Palladium situation. Auto industry is absolutely dependent on PD due to decisions about catalytic converters made 5 to 7 years ago. And now we're getting increased use of catalytic converters on SUV's and light trucks w/heavy trucks to follow soon. Each car uses about 1 oz. of PD, and price surge of the metal has added about $100 to the vehicle price, with the automakers "eating" the rest of the recent price increase of the metal. WSJ does not expect the situation to change soon due to the monopolistic and secretive control of the dominant Russian supply source. Good news for producers/explorers of the rare metal (and holders of PD coins) is bad news for consumers. interactive.wsj.com