North American Palladium(AMEX:PAL)- PGM Producer Message Board

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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer

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To: Sleeper who wrote (696)	9/14/2000 9:30:24 AM
From: NPValue	Read Replies (2) of 976

Where is the real problem here? Somebody help me out with this one. Even if Palladium drops to $700, PDL has stated that their total costs of production (operating + capital) are around $250 - $300. Thus, they are still profitable. Having made $0.82 a share last quarter, this one should be a no brainer with a PE ratio of only 10. What am I missing here?

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