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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer
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To: Jason Marcotte who wrote (163)11/30/1997 9:29:00 PM
From: Randall E. Brubaker  Read Replies (1) of 976
 
When is this company going to turn profitable? What I can't figure out is that Kaiser Francis has just spent many millions on capital improvements. Surely they must have done some financial projections that indicated their money would be well spent. Also, Palladium is higher by $70 to $80 than when such decisions were made. Yet here we are with the capital improvements virtually complete, and the red ink continues to flow. What gives?
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