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

To: Archie Meeties who wrote (344)	4/9/2000 11:52:00 PM
From: CIMA	Respond to of 529

SRU.V - Ni, Cu, Co, Pt & Pd, 11.5M tonnes proven so far. The drilling program on the lake is about to begin. This is where the higher grades are expected. 7 KM long, open at strike and depth. The majors are watching closely. Much bigger than PFN IMO.

To: Archie Meeties who wrote (344)	4/10/2000 11:17:00 AM
From: Ptaskmaster	Read Replies (1) \| Respond to of 529

Add International Freegold (ITF) to the list of incipient Sudbury pgm players.- International Freegold exploring PGM projects Toronto--Apr 7--International Freegold Mineral Development Inc. on Friday said it is aggressively acquiring platinum group projects in the Sudbury mining district. The company said it has also identified a number of prospective regions in Alaska, which the company believes to have growth potential. (Story .19073) crbindex.com Website augoldgroup.com SI board Message 13384580

To: Archie Meeties who wrote (344)	4/11/2000 7:19:00 AM
From: Aurum	Read Replies (1) \| Respond to of 529

Archimedesiii, Thank you - trading (rather than just holding) a basket of PGE stocks is exactly what I had in mind! Even if the platinum content of the PEM membrane is reduced ten-fold (to perhaps 0.14 oz per vehicle), the demand for platinum will still double or triple current production (assuming 100 million vehicles per year). But, I suppose recycling of the platinum from scrapped vehicles will be pretty efficient - close to 100%? The only other resource that I am aware of that might be required in much larger amounts in the future is vanadium. But there are large undeveloped reserves of vanadium, so the possibilities of making a buck are not as good as with PGEs.