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Tim H.'s avatar

I anticipated the rise of Platinum two years ago based on the temporary demise of EVs and supply demand imbalance. I owned both Implats(IMPUY) and Zimplats (ZIM.ASX). While the price of physical Platinum was low but steady the stocks perpetually lost value(just look at the price chart over the last 5 years). I started reading the quarterly reports, and it was clear that these operations border on scams, created to benefit: foremost the government, then the executives and especially the employees at the expense of investors on other continents. I strongly suggest avoiding any such operations in South Africa (Sorry to say)!

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The Contrarian Capitalist's avatar

Thank you for this feedback and valuable information Tim H. Great to know that you were multiple steps ahead of the game!

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SmartReversals's avatar

Great content. Well documented.

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The Contrarian Capitalist's avatar

Thank you for your feedback! It is great to know that the information is informative and easy to understand :-) Thank you

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SmartReversals's avatar

It is! Of course!

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