Agoracom: Small Cap Investment - San Gold Corporation - Re: Metasl being sold to generate cash

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Metasl being sold to generate cash

NorthLion

Oct 16, 2008 04:18PM

Soon gas wqill soon be free, gold at US$100, silver,

rufdiamond

Oct 16, 2008 05:21PM

Soon gas wqill soon be free, gold at US$100, silver,

rufdiamond

Oct 16, 2008 05:21PM

I have to bow out. my computer is malfunctioning

rufdiamond

Oct 16, 2008 05:25PM

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Re: Metasl being sold to generate cash

in response to

Metasl being sold to generate cash

NorthLion

posted on Oct 16, 2008 11:08PM

Spot platinum slipped nearly 9 per cent to $872 an ounce from $955 late in New York on Wednesday, while palladium fell nearly 11 per cent before recovering to $168.50 from $189 on Wednesday.

Per the recent BMO Commodities report, Pt prices below ~$1300/oz makes 65% of the mines in South Africa - where 80% of the world's Pt is produced - unprofitable. I don't really see how that could continue, unless the world can find a replacement for the metal.

Re: Metals being sold to generate cash

NorthLion

Oct 17, 2008 04:45AM

"For every action there is an equal and opposite reaction!"

rufdiamond

Oct 17, 2008 05:40AM

Re: Metals being sold to generate cash

GordR18

Oct 17, 2008 05:47AM

Is this the action of a rogue wave or a "sunami!"

rufdiamond

Oct 17, 2008 06:57AM