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Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Robbins who wrote (1249)1/22/2001 3:38:34 PM
From: LAWRENCE C.  Respond to of 1336
 
Bruce, IMHO profits will go up in spite of higher energy prices.
1. SWC renogiated their contracts.
2. The dollar value of the rise in palladium prices has been much more than the rise even in electric prices. Even if palladium prices come down some, SWC will make more in profits base on their renogitated contracts.
3. IMHO SWC will be able to reduce their debt load with the increased profits from their renogiated contracts and hedges.
Lucky Lawrence


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