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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."
About FIMA, Inc.:
FIMA is engaged in a diverse range of land development and utilization activities, such as the acquisition of raw land and the design and construction of commercial and luxury real estate in the resort regions of Mexico, resource exploration and development in Central and South America, and the acquisition and development of mining properties and mining rights in Central and South America. FIMA operates several subsidiaries, including a prestigious architectural design and construction firm based in Puebla, Mexico, as well as an integrated resource exploration and mining company with holdings in the prolific gold- and silver-producing regions of Colombia. For more information, visit the Company website at: http://www.fimadevelopmentinc.com.
Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Contact: FIMA, Inc. 714-847-2460 Email Contact
SOURCE: FIMA, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=4B23D4EAADED81A3
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