Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: algore
"But his first example.... Is so false and misleading I actually laughed."

What is false in that statement for 2016?
That Stillwater Mines is the only large Platinum/Palladium mining operation in the US? That their 45th quarter 2015 profits were $23 million? That there is no way to make more money trading metals than the companies that mine and produce them?

This was written the year before Hannes Boone and Sibyane Company bought Stillwater in May 2017 then rebranding the company in August.

The company's history after the article was written is not relevant.

21 posted on 01/31/2024 6:41:20 PM PST by Widget Jr
[ Post Reply | Private Reply | To 16 | View Replies ]


To: Widget Jr

Their profits had nothing to do with the acutal value of the firm.

many companies lose lots of money, or make minor profits one quarter and to state some mining companies one quarter profits as proof of anything at all is just stupid, let alone

“That there is no way to make more money trading metals than the companies that mine and produce them? “

I wish you the best my friend


25 posted on 01/31/2024 6:57:14 PM PST by algore
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson