HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Platinum is one of my favorites..

Platinum is one of my favorites..

posted on Oct 09, 2008 12:38PM

Platinum futures for January delivery rose $31.60, or 3.1 percent, to $1,043.70 an ounce on the New York Mercantile Exchange.

Platinum will gain on tight supplies, BlackRock Investment Management Managing Director Graham Birch said today at a conference in London. The metal is becoming harder to mine because of a shortage of available deposits, a lack of power supplies and political instability in key regions, Birch said.

``Platinum is one of my favorites,'' he said.

Full story:

http://www.bloomberg.com/apps/news?p...

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