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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: U.B. Green who wrote (6711)7/15/1998 12:51:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 14226
 
U.B. actually, I think that if GPGI were to crank up production to 10% to 20% of Pt and Pd yearly supply, (about $400 to $500 MM per year at current prices), the Russian would be hurt much more the the S.African. Of course, this is quite some time in the future. Prices of Pt and Pd could be halved if supply increased by 10%. At half the current price, S.A might have to close some Pt operations, but the Russian could continue.

Zeev


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