Goldsource Expands Its Criteria to Include Platinum Among Possible Acquisition Targets HUNTINGTON BEACH, CA--(Marketwire - October 19, 2009) - Goldsource, Inc., a wholly owned subsidiary of FIMA, Inc. (PINKSHEETS: FIMA), an emerging land development company with interests in the market for refined precious metals, announced today that the Company has expanded its search for acquisitions of precious metals to include platinum. Growing demand for platinum, used in fuel-cells and catalytic converters to remove pollutants from engine exhaust gases as well as in jewelry, has prompted many industry observers to predict that prices will remain high and possibly even move into record territory. Consequently, Goldsource has begun to explore its options with an eye to future procurement of the precious metal. According to a Company spokesperson, "The market balance for platinum has been at a deficit since 2007, and is almost certain to finish 2009 at a deficit as well. All indications are that demand will continue to grow and market conditions will remain tight. Many others have already begun to take steps to secure reserves of platinum. For example, Japan Oil, Gas and Metals National Corp. only recently announced plans to explore for platinum in Botswana in response to growing demand. We do not intend to ignore these market signals, and have adjusted our strategy accordingly." http://www.marketwire.com/press-release/Fima-Inc-1061443.html |
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