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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 (12464)	6/1/2006 4:28:57 PM
From: koan	Respond to of 78416

Charters I did not understand what you were referring to here?: "Despite what you said earlier about the commonality of PGE's worldwide, this does not mean that there are many large deposits of commercial type left. In fact with new and more widespread catalytic usages predicted, there is a very real shortage looming. The enlarging market forces in gold with Indian and Chinese ownership of gold and silver augur a very hawkish future for the metals, always valued more highly in Asia than in the occident." I think 80% of pt is in South Africa and 50% is in PD. "Commonality"? There are only two PGM mines in all of North and South America I know of. What I remember saying is that there are huge deposits of pt in south Africa, but very expensive to extract as veins are very narrow (inches) and much of it is underground. And you cannot heap leach it. I know PGMs are very rare around the world, concentrated in South Africa and Russia?