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: Elizabeth Andrews who wrote (554)	4/5/2000 1:46:00 AM
From: russet	Read Replies (2) of 976

Look closely at the output over the life of the mine. There is a small area of very high grade ore, and two other types of ore that are much lower grade but comprise the bulk of the known resource. The ability to high grade in the early years exist, and I assume the economic models are based on this. I wonder if the mine output will be the same in all years? Some have said there is potential for increasing the resource, which is true, but the high grade area is nearly in the middle of the deposit. I do not believe that the high grade area is open in any direction, except maybe at depth. I suggest that this mine is very well known to brokers and analysts in Canada. If significant potential existed to increase share price, they would be all over it with positive recommendations, yet I see little in this regard. This is another mining venture, that has failed in the past, and has a lot to prove. You may be holding on to your investment for some time, before the proof that management can increase revenue and income is seen,... which might be what is needed to allow the share price to advance further. Just a stupid hamster opinion.

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