STILLWATER MINING COMPANY SWC

SWC technical/chart thoughts...

[Lhotse]

I asked Mike Paulenoff of MPTRADER to do some estimates about SWC price going forward over the next few weeks...this is what he wrote me: 

SWC had, and still has, a very powerful technical set up that points next to 18.35/45, and if hurdled and sustained, to 18.90-19.20 thereafter... Last is 17.51/52

Mike is one of the best chart/technical men out there...I subscribe to his service at
www.mptrader.com
 

[Ridgeback]

Thanks for his opinion. Here's an article from the financial post and while they don't mentiopn Stillwater you can see the unrest in South Africa will play a mjor roll in the near term short supply as the inventories are used up especially Pd. for auto catalysts. I would expect the PT prices to rise over the next 5-6 months and while the article suggests otherwise it is in my view not the