Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Alski who wrote (24409)	12/19/1998 10:31:00 AM
From: Mark McLeod	Read Replies (1) \| Respond to of 79308

Alski, while SWC does produce some platinum, its primary product is palladium (about 20/80). It is the pd production that makes Stillwater such a wonderful play. Demand for pd outstrips currently produced supply by about 2 million oz yearly. The shortfall is made up from Russian stockpiles which will be exhausted within two years, by most accounts. Pd is used primarily in autocasts, catalitic converters, and electronics. The demand is pretty much inelastic. The stock has been down over the past year do to a poor hedge contract on pd. This contract will be completed this quarter. SSB has a price target of 55 for next year.