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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (4444)	5/26/2008 10:02:23 PM
From: PaperPerson	Read Replies (1) \| Respond to of 23105

Hi Koan, I dont know when that BBC article came out but 2,300- to 2,500 on platinum is not that bold a prediction. Spot is $2,182 tonight, so $2,500 would be just a ~15 percent move. Fairly likely, I would think. Palladium has lots of catching up to do and is being substituted more and more for platinum. Palladium spot is now $450. Not hard to see Palladium putting in a new base in the low to mid $500s while Platinum does it in the $2,100s. I think these charts coupled with what could be the beginning of a stable earnings pattern are what makes PDL/PAL so interesting in here. Warrants good until mid December 2009 and already $1.11 in the money at a strike of u.s. 5.05. Michael