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CHROME MOUNTAIN - RHODIUM - PLATINUM
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
How are they currently adding value and to which asset to you speak specifically. ?
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
Bid is non existant at 10 cents ! God help us. Are we at a bottom here mates?
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
It may not increase the share price but it will add value to the asset and right now I will take that.
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
We will know better when the results from Chrome Mountain come in. In the President's last letter he said that they had an in house Geocom Software, a sophisticated 3-D modelling technology which, with the input of more drill results, their aim was to increase the ounces and grade of our resources, along with adding additonal drill results not calculated in the last geological modelling phase. I remember someone posted a while back that these results would also be out in November. What effect both will have on the market is a really hard guess given the current market conditons.
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
I have been watching all the U.S. stock channels and their news channels. I have been listening to Obama's plans. They are going to do like they did in the 30's and concentrate on make works projects like roads, bridges and alternate energy sources. We are talking big money. Estimates are as high as 3 trillion dollars to jump start the U.S. economy. It would take the U.S. debt to over 15 trillion. There are only two sources for the money, borrow it or print it. All the gold pundits are predicting $1,500 plus for gold as the U.S. dollar weakens. The article on Kitco said that everyone, hedge funds, mutual funds and individual investors, dumped their positions and grabbed as much cash as possible. They are in strong cash positon and looking for the right time to get back into the market. The article predicted that it would be the last quarter of 09 or the first quarter of 2010 before we saw any recovery in the commodity market. Chrome Mountain will need spectacular results and major company looking to build up long term reserves for anything to happen with it. Mexico is still a big ????????? mark.
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
Anyone who seems to know anything thinks gold is going to the moon Let's hope PEM cashes out on it Cheerio
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
I saw that article posted on here as well. What could it mean for Premium
Re: CHROME MOUNTAIN - RHODIUM - PLATINUM
That seems like very short term thinking on his part. Platinum and palladium prices have fallen dramtically though so I can see why chrome mountain is of no interest to him.
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Good Morning. I really don't have anything to say except that I wanted to change the topic heading. I was getting tired of the old one. CHROME MOUNTAIN - RHODIUM - PLATINUM seemed more suitable to the discussion. Most people dread Mondays but I can hardly wait until tomorrow. RHODIUM - PLATINUM just saying it gets the old heart pumping. Have a great day everyone.