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

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To: Sleeper who wrote (474)2/23/2000 10:22:00 AM
From: ali   of 976
 
Hi Sleeper,
there is the world worrying about the lack of supply of the platinum metals and depending on the Russian mafia to jump in and help out.That's a big hope; can they or will they?? That is a case where the technology raced ahead of the using industry and caught them asleep.Has the industry done anything to solve the problem? I don't see them giving the explorers any help to find more platinum/palladium metals.There may be plenty of palladium to be found in the Sudbury mining camp if the financial resources get applied.But then it's the little guys who had the foresight to see the opportunity of making a buck and are struggling along to fill the gap.
There may be plenty of the metals available if the right places are searched out, like the Sudbury east area.I have not seen any help of the consuming industry to speed things up there and the little guys are struggling along and taking the risk to fill the gap.
Unfortunatly it takes a lot of time and money of which the little co's have only the time and not the money.So lets hope that the Russians and the speculators do not push the lack of supply to the extreme and the industry changes course again.
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