Duluth Metals Ltd DULMF

South Africa Russia etc

[materialsgirl]

80% of platinum comes from South Africa and area and 60% or 70% of palladium comes from Russia

Other sources of supply should rock but this is not happening.  Canada has one mine (PDL) that produces mainly palladium and the share price is down by 95% or so from the peak.  Stillwater is the only American producer and a large one at that.  The share price is still down 30% from the peak and in general has performed poorly.  In other words, we need not to get carried away with commodity markets.  Also DM intends to have a copper mine with nickel as the prime by product.  PGMs are secondary by products.

Demand from the auto sector will be negatively impacted by the sale of EVs (all electric vehicles) by 2020 which is long before DM will be a miner.

It is true that high PGM prices would help DM but the margin of improvement might be limited

There are several new monster platinum ore bodies in South Africa that are low low cost.  They will likely be producing before DM

mat

[Connsm]

Mat With no disrespect I have over thirty five years of seasoning with investments. I grew up with the believe half of what you hear and nothing of what you see. Especially with the media. When I look at your numbers on South Africa and Russia I see you left out the politics and strife in each country.   South Africa now has a 50% tax on any producers if PGMs, also the government

[hme]

I think you should change the way you express yourself in the form of typing. Please cut down the large caracter letters to normal lettering, becouse nobody likes it.  But, you are right on with nailing this thing on the but! By the way, everyone, please be very carefull about these very canny shorters and their connection to the brokarage establishments (like CIBC, TD) I mean downgradrers

[Connsm]

Hme Sorry for the larger fonts, but my Ipad won't allow me to type directly on the board link so I have to use my note pad and then paste my response to the board. Really you should focus on the content of the message and not the font.