RE: Platinum and Palladium are flying12 Dec 2019 07:55
Very difficult to call on this. On the one hand, you could argue that we are only seeing a retrace (albeit a big one) from a spike and things still settling down.
Indeed it could seem attractive to top up at this price. But one shouldn't lose sight of the saying "catch a falling chainsaw" (sic) with the possibility of some uncomfortable news on the way.
Not sure floods would be a big issue for a tailings operator, unless our plant is in a dip and now under 6 feet of water.
Ultimately, if we all still believe that this is really going places next year, then a retrace should not be a discouragement.