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 Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS)

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To: Todd King who wrote (1110)2/22/2000 10:04:00 AM
From: Bob Howarth of 1336
 
For Pt I think you have to buy South African company (either amplats or implats) that owns over 1/2 the mineral rights in platinum belt of SA. They have LOTS of Pt reserves but are currently pretty much maxed out on production. My hope is that they list in US someday.

My very humble hope is that SWC will be bought by a big SA pgm mining company which will thereby list in USA so I can use SWC shares to own the acquirer.

The risk is that SA is really hurting politically. Many skilled people are daily emigrating due to the horrible crime rates which for some reason the government won't correct. I personally am skeptical about the stability of SA as NO country is stable that can't enforce the rule of law!



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