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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (855)10/1/2005 9:08:39 PM
From: seventh_son  Read Replies (1) | Respond to of 78419
 
> Whatever the cause, it underscores that the general disintegration of SA society and business, appearing to be well underway by many reports, can only diminish the world's gold supply from this once dominant gold providing nation, and add lustre to its price.

Whatever future problems SA has that impact mining, I think that the impact is going to be much more extreme on the PGM markets than the gold market. About 150,000 tonnes of gold is above ground and SA is no longer the dominant gold producer it once was, whereas SA is absolutely vital for platinum supply, which is hand to mouth in comparison. Now I just need to find the best platinum/palladium investment -- don't own anything in that category right now. If someone were drilling the Fiskenaesset anorthosite complex in Greenland I might invest in such a company -- the geology sounds quite similar to platinum deposits in SA (large anorthosite intrusion, elevated nickel levels, and lots of choromitite/chromite) and I don't think that anyone has drilled to the bottom of the anorthosite to investigate platinum economics, just chromite economics at upper levels.



To: E. Charters who wrote (855)10/1/2005 10:28:54 PM
From: Proud Deplorable  Read Replies (2) | Respond to of 78419
 
no comment other than to say SA has gone downhill since Canada stuck its nose in their business and made that murderer Mandela a hero. I hope to God someone assassinates Mugabe.