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: C L who wrote (39)	3/1/1997 9:18:00 PM
From: Dundee Maples	of 976

Well, if I remember correctly Ipmcf was ignored for quite some time. It has done a lot better since their reverse split, but still has got back up to their high (approx. $6.00+) set last year. It has recovered up to it present level quite nicely. I am personally wondering if it is going to see one more correction before it breaks through its past high. Somehow the is just to much bullishness around it at the moment. I will be more interested in it after it pulls back maybe towards $3.00 or 2.75. As for Pdlcf, I think it has also down quite nicely. It has an $8.00 high a little more than a year ago. Corrected to $2.5+ and now moving up in conjunction with the metal (which is looking strong). Plently of people have yet to recognize that this stock is moving for a breakout and thus they will soon be eager to jump on board to a quick and easy profit. PDLCF will do quite nicely, I believe. You are right that about lack of interest in some cases, but remember to much interest often is the sign that a short term top has been reached and the stock is moving to weak hands. Wish you the best Dundee

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