seller, page-5

http://www.ft.com/cms/s/0/c264a59a-6ec9-11e1-afb8-00144feab49a.html#axzz1pFRk5ARJ

Looks like many think that Platinum could be going higher in the next few months....makes sence to me..

US economy performing well, I assume Japan will be getting production up after the Nuclear incident,,,Cost of production and strikes in South Africa has disrupted production/output so demand may outweigh supply which we all relalize will make platinum prices rise...

If PLA can manage to get Smokey running well with higher production and lower costs we should be sitting pretty for 2012 IMO..

Zimbabwe government is doing some serious damage to the Platinum industry IMO,,,they took the farms from the farmers a couple years ago and now they taking over the large international miners,,,,disaster IMO....
If things continue to get worse and production of Platinum in Zim slows it will sure increase prices fuether and may benefit the South African producers...Lets hope have our mines in South Africa proves to be a little more secure...

time will tell but I am accumulating PLA,,,they have some serious assets and lots of upside with limited downside from this level IMO...

dyor