Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Registered members
Current visitors
Charts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
General
General Chat
Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Prospecting Australia:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="user 4386" data-source="post: 658499" data-attributes="member: 4386"><p>Yes, it will possibly always be limited in supply because for each ounce you have to mine 10 or more ounces of platinum and palladium (depressing their price). I have sometimes wondered if there might be certain ores (non-igneous) in which it occurs in a different ratio and I have seen values of up to 500 ppm rhodium in rock grab samples in some such rocks (without associated palladium and platinum). But life is too short to follow everything up.......</p><p></p><p>They talk about the depth of mining being a limiting factor, but the deepest South African platinum mine (Zondereinder) is only 2.2. km deep compared with up to 4 km on the gold mines (a depth I have been to) - the primary reason being that the temperature per metre depth in the platinum mines is much higher in the platinum mines than the gold mines. However they will not run out for hundreds of years. The South African covid lockdown was quite ineffective and if you believe the South African covid statistics you will believe anything. It was very unpopular (even alcohol and cigarettes were banned and you had to stay home and not go to work) - pity this would require translation. Cyril is Rhamaphosa of course, gatvol - well gat is ar***hole and vol is full. A loslappie plays hard, parties hard.....zol is a joint, Tops a bottle store name.</p><p></p><p>[MEDIA=youtube]CqDpEk_ojQI[/MEDIA]</p></blockquote><p></p>
[QUOTE="user 4386, post: 658499, member: 4386"] Yes, it will possibly always be limited in supply because for each ounce you have to mine 10 or more ounces of platinum and palladium (depressing their price). I have sometimes wondered if there might be certain ores (non-igneous) in which it occurs in a different ratio and I have seen values of up to 500 ppm rhodium in rock grab samples in some such rocks (without associated palladium and platinum). But life is too short to follow everything up....... They talk about the depth of mining being a limiting factor, but the deepest South African platinum mine (Zondereinder) is only 2.2. km deep compared with up to 4 km on the gold mines (a depth I have been to) - the primary reason being that the temperature per metre depth in the platinum mines is much higher in the platinum mines than the gold mines. However they will not run out for hundreds of years. The South African covid lockdown was quite ineffective and if you believe the South African covid statistics you will believe anything. It was very unpopular (even alcohol and cigarettes were banned and you had to stay home and not go to work) - pity this would require translation. Cyril is Rhamaphosa of course, gatvol - well gat is ar***hole and vol is full. A loslappie plays hard, parties hard.....zol is a joint, Tops a bottle store name. [MEDIA=youtube]CqDpEk_ojQI[/MEDIA] [/QUOTE]
Verification
Post reply
General
General Chat
Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
Top