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  • The Decline of Platinum [View article]
    North American Paladium and Stillwater are safe mines in safe locations with stocks beaten down like LonMin. With Russia being a bully thinking the world has no other options, these juniors will make nice cheap additions to a Goldcorp, Barrick etc. portfolio. Then they can do a little more cap ex and payoff the cost of acquistions in a few years. Like what Freeport did with Phelps. Have been adding to my "safe country " producing juniors like CDE, PAL,SWC,NXG that are 1/2, 1/3, 1/5 their high stock prices and consolidation will come. Cost of funds is low. Canadian banks are flush with cash and LIBOR low, Barrick or Goldcorp, even Goldfields types will snap these cos. up. Metals have severe corrections, when all are throwing in the towel, time to average in.
    Aug 13 10:26 am |Rating: 0 0
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