| Author | Message | ||
     Entikaburlu Junior Artist Username: Entikaburlu Post Number: 968 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
no idea - did not buy from kitco | ||
| Entikaburlu Junior Artist Username: Entikaburlu Post Number: 967 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
bottomline: exploration -> mine -> mining -> profitable company. the ratio of a exploratory result becoming a profitable company is 3000:1 so, do not waste time on exploration results. find some one in atleast mining operation, before they become profitable. or take a royalty co route. RGLD, Sandstorm - Royalty KGC, PVG, MAW, BRD, Kaminak - good potential ABX, yamana - established miners | ||
| Chitti_v2 Comedian Username: Chitti_v2 Post Number: 1436 Registered: 01-2011 Posted From: 68.37.58.156 Rating: N/A |
oka kochen........kitco lo motham personal check tho pay cheyyochaa? leka credit card tho min intha ani pay cheyyaalaa? | ||
| Manchi_kurradu Junior Artist Username: Manchi_kurradu Post Number: 335 Registered: 07-2011 Posted From: 99.244.154.173 Rating: N/A |
bottomline ettu | ||
| Entikaburlu Junior Artist Username: Entikaburlu Post Number: 966 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
they didn't mention the grade -gm/tonne. these mines will be viable only if plat is 3000/oz. india may have a slight advantage of cheap labor, but that is quickly offset by lack of water and power and frequent bandhs etc. | ||
| Chitti_v2 Comedian Username: Chitti_v2 Post Number: 1435 Registered: 01-2011 Posted From: 68.37.58.156 Rating: N/A |
Rich platinum deposits found in India The Geological Survey of India in collaboration with the Orissa Mining Corporation has found a rich PGM deposit at the Baula-Nuasahi complex in Orissa. Author: Shivom Seth Posted: Wednesday , 17 Aug 2011 MUMBAI - The Geological Survey of India has found a rich deposit of Platinum Group of Elements (PGE) in the Baula-Nuasahi complex in Orissa. In collaboration with the Orissa Mining Corporation, the Institute is conducting a study on the feasibility of PGE mining in the area. "There are some encouraging signs,'' said A Sundaramoorthy of the Institute. ``The evaluation process is still on. The deposits are good,'' he said. Baula-Nausahi is 170 kilometres north east of Bhubaneswar, and is the only proven PGM deposit in the country with an estimated 14.2 million tonnes of deposit, confined to the active chromite mines. The area has two types of PGE - type-I which is rich in platinum and type-II, which is palladium-rich and is hydrothermal. For many Indians, platinum is becoming a preferred metal of choice for jewellery. Though the jewellery demand for gold rose 69% over the past year, demand for platinum jewellery saw a jump of 45%, traders said. Vijay Jain of of Orra brand jewellery by Rosy Blue said platinum jewellery demand rose 50% in the past year. This was seconded by Gitanjali Gems' Mehul Choksi, who has pegged the growth at 25% this year. Officials said the PGE found in Orissa comprises a family of six greyish to silver white metals - platinum, palladium, iridium, rhodium, osmium and ruthenium. As per the assessment of the Institute, Bangur in Keonjhar district lies within the chromite leasehold area of Orissa Mining Corporation in the southern extension of Baula-Nuasahi complex. A study by the Institute showed that metals other than platinum were detected in the area, like rhodium. The Institute had earlier discovered new deposits of bauxite and manganese with 1.97 million tonnes and 7.20 million tonnes of resources respectively in the state of Orissa. While iron ore was discovered in the states of Karnataka (8 million tonne) and Tamil Nadu (14.03 million tonne, graphite was discovered in Tamil Nadu (0.76 million tonne). The Institute has also discovered gold deposits in Rajasthan, Jharkhand and Karnataka and some basemetals like copper, lead and zinc in the states of Rajasthan, Maharashtra and Madhya Pradesh. | ||
| Entikaburlu Junior Artist Username: Entikaburlu Post Number: 964 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
yes, silver moves with gold. it can go as high as $80/oz. gold will go either 2500, or 1600 or both. Silver will keep in step with 25:1 ratio. right now, silver is about 45:1, so it will catchup fast | ||
| Manchi_kurradu Junior Artist Username: Manchi_kurradu Post Number: 334 Registered: 07-2011 Posted From: 99.244.154.173 Rating: N/A |
thanks bro... can we consider silver also one of the tool to meet inflation? | ||
| Entikaburlu Junior Artist Username: Entikaburlu Post Number: 963 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
oka post vesanu, ikkada padaledu. vere thread lo poyindanukunta. http://www.mineweb.com/mineweb/view/mineweb/en/page102055? idi choodandi. | ||
| Manchi_kurradu Junior Artist Username: Manchi_kurradu Post Number: 333 Registered: 07-2011 Posted From: 99.244.154.173 Rating: N/A |
brother veeti gurinchi emaina links vunnaya? plz help me to explore this.. | ||
| Entikaburlu Junior Artist Username: Entikaburlu Post Number: 960 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
precious metals lo bhayam vaddu. always see it in oz/gms. not in money equivalent. so, once you buy, you have what you bought. if it becomes 800, take the opportunity to double up. | ||
| Entikaburlu Junior Artist Username: Entikaburlu Post Number: 959 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
becoz, plat is seen as an industrial input rather than a precious metal. so it correlated with all other industrial metals. it broadly correlated with titanium, copper and aluminum. now it's getting reevaluated as a precious metal. it will take off when it becomes new gold. | ||
| Manchi_kurradu Junior Artist Username: Manchi_kurradu Post Number: 331 Registered: 07-2011 Posted From: 99.244.154.173 Rating: N/A |
2008 lo maree 800 ki vacchindi 2200 nundi... endukani? ee pattern choosthey bhayam vesthundi | ||
| Entikaburlu Junior Artist Username: Entikaburlu Post Number: 956 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
>>platinum choodtaaniki silver laaga undi kada? how diff is it? very diff. it actually looks like stainless steel. they brush it to make it look like silver. unlike silver and gold, it wont corrode. very hard metal unlike silv and gld. so it will last a long time. very high melting point. chinese use more plat than gold for ornaments. the reason being, gold mixes in their skin color, where as plat stands out. | ||
| Manchi_kurradu Junior Artist Username: Manchi_kurradu Post Number: 328 Registered: 07-2011 Posted From: 99.244.154.173 Rating: N/A |
M_K: is platinum really worth? last one decade lo chaala fluctuationss EK: agge chance ledu. max risk ippude pergaka povachu. chala mandiki teleeni vishyam emitante, unlike gold, plat is an extinct metal. unless they find some new huge mine in northern afghanistan or under the sea, you cannot have any more plat at the current price. to reopen the existing mines, you need to have the price at $3000/oz. It has good industrial application (catalytic converters). In my view, Plat will be new gold, gold will be new plat. in a couple of years you would see Plat vaddanams etc. that is when it will take off. my advice, accumulate now. it is like gold languishing at 800 for 10 years. i have 5 oz. --------------------------------------- platinum choodtaaniki silver laaga undi kada? how diff is it? |
