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 (472)	2/23/2000 12:36:00 PM
From: Dundee Maples	Read Replies (1) of 976

Right Claude. I was trying to say that I see it as a positive that they have already raised (borrowed) the needed funds. These funds have been used in a manner that have improved the financial outlook of the company. Further, they borrowed the funds at a time when they were projecting a better market and better reserves (proven and otherwise). Yes, they need to pay back these loans, but the overall company situation today seems far more positive than it did several years ago. I believe the key now is, as we both seem to agree, will palladium hold at these levels or continue higher. Looking at the trend over the last three years, and the projection for increased palladium usage -- I think it will hold or even rise. ????

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