gorilla stock

Rose 11% on Friday on announcement regarding assays from Smokey Hills Project in South Africa:

See announcement at:

http://stocknessmonster.com/news-item?S=PLA&E=ASX&N=311103

Platinum is also running very hard and news could not have come at a better time. Speculators might climb aboard again this week.

She hit a 52 week rolling high of 47c on Friday. Cashed up after a recent placement for $6 mill.

View the Strachan Report on PLA at:

http://www.platinumaus.com.au/

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Platinum continues record breaking rally
I-Net Bridge

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THE spot price of platinum on Friday climbed to a fresh 25-and-three-quarter-year high of $1,027.50 a troy ounce on fund buying of the metal due to its tight fundamentals.

At 11:00am, platinum was quoted at $1,027.50/oz, up $5/oz from the metal’s previous close.

Platinum had moved higher on buying on the Tokyo Commodity Exchange (Tocom), with the market proving to be very bullish, UK-based TheBullionDesk.com analyst James Moore said.

The metal has moved through the $1,020/oz level, where there was some chart congestion, he added.

In March 1980, platinum climbed to an all-time high of $1,047/oz.

During the course of 2006, platinum would push through to an all-time high, Moore said.

"I expect platinum to climb to $1,150/oz during 2006. The tone in the precious metals complex as a whole is very bullish," he added.

Platinum is mainly used in the manufacture of jewellery and autocatalysts.

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Platinum to reach $1100 high in 2006 with $1000 to be support.

http://www.thebulliondesk.com/content/repo.../mks/PM2006.pdf