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Message: R. Michael Jones: Shallow Ounces of Platinum Draw Deep Pockets

Jones: Well, in platinum, as with other metals, there has been lots of speculation about companies with shallow ounces ... easily mined resources. I think we have three paths to go: build it; hedge it (by doing a venture with an end user partner -- diluting the asset level and not the public stock level); or sell the whole company.



Those basically are the options. It sounds like we're going to find out which gets the nod within 3 months.

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