PLA 0.00% 6.7¢ platinum australia limited

gold and minerals gazette, smy article, page-5

  1. 8,972 Posts.
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    they can forget about the price falling

    As one guy recently said to me (would love to give him a credit, but dont think he'd appreciate it :-)


    paraphrased:

    >>>
    Sth African mines are in big trouble with HIV resulting in a 50% mortality rate in a 5 year period.
    <<<

    And of course, where does the majority of the world platinum come from.

    Some might say, but isnt PLA in Sth Africa.

    The big difference is that much of PLA ore is closer to surface than the deeper platinum mines (so i undertand) so the mortality issue wont be such an issue. (So im told...)

    With the deeper mines closing...guess where platinum price is going...oh same applies to gold by the way.

    Cdchi1
 
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