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)	2/23/2000 5:50:00 AM
From: Sleeper	Read Replies (1) of 976

Tuesday February 22, 6:14 pm Eastern Time Commodities - Palladium tops $800, cocoa falls NEW YORK, Feb 22 (Reuters) - Panic buying lifted palladium prices past $800 an ounce on Tuesday in a record one-day gain of more than $115 on continued reaction to slow shipments of the metal from Russia and strong demand by automobile makers. In the U.S., General Motors Corp., the world's No. 1 automobile maker, said on Tuesday it will use palladium in 2001 cars, but is exploring ways to reduce the amount used. ``We are not going to be engineering palladium completely out of vehicles,' said GM spokesman Dan Jankowski. Sleeper

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