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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (1319)4/28/2000 1:27:00 PM
From: koan  Read Replies (1) | Respond to of 2255
 
Still no reaction to the price increases by the PGM juniors - PDL up .60. I see this as a coiling spring. I still think the reason for this is the massive technical damage over the years. Ironically the technical damage has been much greater for gold and silver then for the PGM's which have actually been moving up for quite a while in a rather constructive technical way.

I would consider this lack of movement to PGM by the stocks an anomaly which eventually will correct itself. I also think right now there are people all over the world who are buying 1 oz PGM coins and putting more pressure on supply.

I am noticing over at Kitco people are starting to watch and comment on PGMs. I was surprised at how long they have generally been ignored over there. I think this is a developing story.