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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE] -- Ignore unavailable to you. Want to Upgrade?

To: DRT who wrote (94)	2/5/1999 7:11:00 AM
From: DRT	Respond to of 364

2/4/99 Today in Platinum: Platinum Market Commentary Platinum posted a 2% gain today, while the palladium and silver markets are extremely tight. Lease rates for palladium are reported to be at 10%, and the sister metal established a $1.50 premium over platinum at today's close. In the applications where platinum and palladium compete as quasi-substitutes, platinum now has an outright edge. If the Johnson Matthey estimates for a prolonged deficit in palladium are correct, then there will be inevitably a spillover into platinum demand, pushing platinum prices upward. DRT