Stillwater Mining (PGMS) - pure platinum/palladium play

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.

Gold/Mining/Energy
Stillwater Mining (PGMS) - pure platinum/palladium play

An SI Board Since September 1996

Posts	SubjectMarks	Bans
182	1	0

Emcee: Frank Byers	Type: Unmoderated

Introduction Compact

I want to get a thread going on Stillwater Mining, a Montana company that has the only platinum and palladium mine of any consequence outside of South Africa. Recent quarterly earnings were a dissapointment due to lower metals prices compared to last year, but the costs per ton milled have decreased significantly compared to last year.

There are many positive developments here, including the opening this year of the Base Metals Refinery in Columbus, Montana which will help the company reduce its refining costs. Also the company is exploring another mine site at East Boulder, to tap into the same deposit as the existing mine. The company has the rights to, or owns outright, over 900 mining claims to the Stillwater deposit, which is about 28 miles long and at least 5000' deep.

This stock may not generate much news, so this thread may not be quite as exciting as, say an Iomega thread, but there is money to be made in PGMS. Especially look for dips at or below 20 as a good buy point for a 3-4 point short term gain. I'd also hold some for the long term as an inflation hedge.

FYI I'm holding a couple of hundred shares.

Frank

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
182	If this thread is going to close here's the link to the other Stillwater th	RagTimeBand	-	6/17/1997
181	Frank, hate to see you lose your 15 minutes of fame but I guess you got upstage	virginijus poshkus	-	6/16/1997
180	I did not know there was an SWC thread. Might as well shut this down, don'	Frank Byers	-	6/16/1997
179	Frank, I posted on the SWC thread that Jim Dines recommends SWC. do you want to	virginijus poshkus	-	6/16/1997
178	The actually mine and sell palladium and a little platinum. You can get their	Frank Byers	-	6/16/1997
177	Chris, Good work with the new thread. Here's a hot link to "Stillwat	POLARBEAR	-	6/16/1997
176	Chris, i can be optimistic on pd and pl but gold no. just to much supply. CB	virginijus poshkus	-	6/16/1997
175	I hope for $30. For now $ 35 seems too optimistic. It is possible that gold wil	Chris	-	6/15/1997
174	Chris, i agree. If the stock hits $35 this week, i will be a seller. palladium	virginijus poshkus	-	6/15/1997
173	To all. SWC can get a better publicity in this forum if we use the thread with	Chris	-	6/15/1997
172	frank, I only recognize the name. pdlcf is not in my data bank(my head). Do the	virginijus poshkus	-	6/15/1997
171	These higher metals prices, if they hold for a quarter may cause SWC to restart	Frank Byers	-	6/15/1997
170	Frank, palladium is showing a vigorous amount of resiliency at the $220 level.	virginijus poshkus	-	6/13/1997
169	I hope you're right (I think you are). I talked a friend into buying some e	Frank Byers	-	6/13/1997
168	Frank, SWC recommended today by AMBRO. New base forming for assault of the $30	virginijus poshkus	-	6/13/1997
167	Jun 13 Stillwater mining starts with buy raing at abn/amro. Jun 13, 1997 11:4	ralph keating	-	6/13/1997
166	I'd like to get a copy of the 1996 annual report. Could someone please pos	POLARBEAR	-	6/12/1997
165	Bollinger bands at 25.60, 19.75, and 22.67. Close price shows us just above mi	Pullin-GS	-	6/11/1997
164	Frank, I have the 96 report. I analyzed it, in a capsule SWC has 10mm equivalen	virginijus poshkus	-	6/11/1997
163	Look at the spread on Platinum from July to October, its $25, whereas the sprea	Frank Byers	-	6/11/1997
162	Frank, SWC is not acting well in the positive PD and PL scenario today. Both we	virginijus poshkus	-	6/11/1997
161	Outlook next 3 to 12 months is probably beyond my capabilities. I think that i	Frank Byers	-	6/9/1997
160	With all this talk about palladium/platinum, do you think this is a $50 to $60	alan holman	-	6/8/1997
159	alan, i may be wrong, but I feel this stock is going to grind its way to $30.00	TATRADER	-	6/8/1997
158	Frank what is your outlook for the next 3 months and 12 months ?	alan holman	-	6/8/1997

Go to reply# or date (mm/dd/yy):