Platinum Group Metals (PGMs) Message Board

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Gold/Mining/Energy : Platinum Group Metals (PGMs)

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To: DRT who wrote (114)	9/3/1999 10:16:00 AM
From: Ptaskmaster	Read Replies (2) of 529

North American Palladium's recent results are impressive, but they may not need a partner or buyout to remedy their debt problems if palladium remains scarce and its price continues to rise. "The belief is that Russia, the world's largest palladium supplier, is drawing from stockpiles to meet demand. It is estimated that of the 5,8-million ounces of palladium supplied by Russia last year, less than half or 2,4-million ounces was actual production. The fear is of Russia exhausting its stockpiles creating a massive supply shortage and forcing up the palladium price." moneyweb.co.za Ptask

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