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: Claude Cormier who wrote (470)	2/22/2000 6:35:00 PM
From: Dundee Maples	Read Replies (1) of 976

Thanks Claude. I am pleased that they have been able to raise all that money without going through major stock dilutions. The money is in the bank, the palladium is on their land, and the commodity is in hot demand. Sound interesting. As for the future prices of palladium, looking at the trend over the last three years -- prices look like they are going to rise. Palladium looks to be in short supply and usage is growing. I am thinking that that palladium is being lead by rhodium. Rhodium Palladium Jan 97 approx. $204 $121 Jan 98 approx. $372 225 Jan 99 approx. $786 321 Jan 2000 approx.$2300 5xx Today 2500 770 (prices from Kitco) I have absolutely no idea who produces rhodium, but I do know darn few people mine palladium. With all the interesting things going on in Russia, it looks worthwhile to bet on PDL. But only time will tell.

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