The price of Platinum touch and cross over 1600 level today. Thats a 15% rise in less than 4 weeks, Aug/13 price touched 1386. The supply contraction from South African miners is having a sharp impact on Platinum prices as expected. This is a natural turn in a commodity cycle. They say the cure for low commodity prices is low commodity prices. Supply/Demand eventually comes into balance. The issue is sometimes this happens much quicker than you would expect and very easy to miss a compelling entry point. The rising price should give the troubled miners like ELR a long awaited break and allow them to claw back to a profit. I like the ELR name as no debt or balance sheet issues to worry about.