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 (764)	11/29/2000 9:54:08 PM
From: Sleeper	of 976

NY Precious Metals Review: Gold, Silver Give Up Mon, Tue Gains By Melanie Lovatt, BridgeNews Meanwhile, platinum group metals parted company with silver and gold to climb higher, as active Mar palladium hit a four-month high of $809.80 per ounce and Jan platinum pushed to a 2 1/2 month high of $604. Platinum and palladium remained strong and continued to bask in the glow from Monday's bullish report from the New York-based CPM Group. The analysis company said that platinum prices may rise further in both the near term and the longer term and current prices may seem inexpensive in the not-too-distant future. The supply and demand fundamentals of the platinum market suggest further tightness and price increases in the future, the report said. Traders noted that some consumers, having tried to sit out the price rise, were having to come back into the market to secure significant material for 2001. They said that some of the auto producers are now running through their stockpiles. Sleeper

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