Just re-read an interesting interview conducted in April last...

Just re-read an interesting interview conducted in April last year. Rick rule has been waiting well over a year for his platinum and palladium investment to bear fruit. You would think that the current SA strike would shorten the length of the wait; but like some of us with NKP, he is still waiting for his investment to bear fruit.

Check it out:

http://www.mining.com/web/why-rick-rule-bought-280m-of-platinum-and-palladium/

An interesting snippet which points to why Zingin is so hungry to make a deal:

"Gasoline engines in China currently employ catalytic technology that uses less than 10% of the platinum and palladium loadings that Western vehicles do. As a partial consequence of that, air quality conditions in urban parts of China are deplorable. The Chinese government estimates that 500,000 Chinese die each year of cardiopulmonary illness as a consequence of very poor air quality standards. The Chinese government has proposed air quality standards over five years that would quintuple the loadings of platinum and palladium in gasoline engines in China.

The Chinese government has also asked the China National Offshore Oil Corp. to begin selling diesel at Western quality with regard to sulfur loadings that would permit the introduction of catalytic converters on diesel engines in China. These two things would represent an absolute sea change in platinum demand in a market that's already undersupplied."