Short answer is, I don't know what's going on. Slightly longer answer? I don't think China, Russia, S.A., Detroit or Montana will greatly affect the trend until the banking/investment houses decide it will. I believe the trend reversal will be interesting. No idea when it will happen.
Thanks Bigsee4c. Do you think 15% smelter's discount (I missed that) is optimistic given the problematic energy infrastructure of the area? Best of luck to you!
Has there been anything resembling an estimate for refined ounces, or are we going with the figures for concentrate only? How would I go about converting them? Thanks in advance. C.
Hi Bigsee! Thanks for responding. I got in last week and added some more today. I tend to be bearish on pgm's, but not quite so much as Bell. I believe that when sentiment changes it will be fast and huge. Maybe not long lived, but dramatic. Just my take on it. When the bulls and bears both feel so strongly, and have such good arguments, I think there can be a Lot of movement. FWIW, anytime Bell talks charts, I listen carefully if not intelligently. I also have a great deal of respect for your take on things.
Bottom line on why I'm here is that I'm betting PLG can get it out of the ground cheaper than its peers. I think they'll be producing when others go on care & maintenance. Luck Bigsee! C.
for refined product? Is that a standard calculation? Thanks. GLTA.