El Capitan Precious Metals, Inc. (ECPN-OTC:
BB) |
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CEOCFO Current Issue |
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Platinum
sells for twice that of gold. It sells for over $900 an ounce. It is used in jewelry as
well as the upcoming market fuel cells and the demand is going to be greater than it is
today. There is a limited amount of platinum. Platinum is very important because it
resists heat at about 3000 degrees; some platinum group metals even go higher than that.
That is important for fuel cells because it can resist heat. Fuel cells are hydrogen
driven and we have a problem in this country with foreign oil and fossil fuels. I think
that nuclear power and hydrogen power are the two coming things. Hydrogen fuel has been
around awhile and they are getting the cost down slowly but surely. Nuclear power has been
around a long time and it looks like it is going to make a comeback. |
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