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: Bruce Robbins who wrote (944)	11/30/2001 7:15:00 PM
From: Elizabeth Andrews	Read Replies (2) of 976

Bruce, Rumor has it that the a high grade lens at Norilsk averaged 25% copper and several hundred grams of Pd per tonne. No idea of how many tonnes but amazing grade, as the song goes! There are other (many) zones that are nickel rich with good copper grades but lower values (ten's of grams) of combined Pt, Pd. I don't think there's any credible western authority who could give an accurate analysis of what's left at Norilsk and the annual report is a joke. You can bet, however, that the high grade zone has been the focus for a long time. I bought some PDL $3.85 the other day.

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