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: Ptaskmaster who wrote (468)	2/22/2000 2:12:00 PM
From: Dundee Maples	Read Replies (1) of 976

Now let us look at the charts of Palladium and North American Palladium. finance.yahoo.com kitco.com Jan 97 PDl was approx. $4.50 Palladium approx. $120 Jan 98 PDl was approx. $2.50 Palladium approx. $230 Jan 99 PDl was approx. $1.50 Palladium approx. $320 Today Palladium is around $824. It is up approx. 17% whereas PDl is up around 5%. The market has been thinking for years that the Russians will come to the market and drive Palladium prices down. For years the prices have continued to rise. Would someone run the numbers and see how PDL does with $1000 per ounce Palladium. It would seem that they will be able to pay down their debt rather quickly and then start paying dividends --- I am thinking that this is a major sleeper. Comments...

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