North American Palladium(AMEX:PAL)- PGM Producer Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (479)	2/25/2000 12:07:00 AM
From: Ptaskmaster	Read Replies (1) of 976

Claude: I have a different view, that palladium use in autocatalysts is here to stay. As others have indicated, higher Pd price will have little impact on vehicle price. But natural abundance and timing of producer supply are certainly problems. Producer supply from Russia may diminish. The recent lack of Russian supply, contributing to disruption in the palladium market, would seem counterproductive. Alternative explanations might be considered. Perhaps the non-renewable palladium resource is being reserved for other roles, perhaps as collateral or other use in financing the current Russian budget. In that case, restricting exports and driving price higher enhances the value of the resource as a financial instrument. And if the stockpile is not forfeited, it may be sold another day. While this might be a real possibility, I'm not suggesting it is what is happening, just that we need to cast around for various alternative scenarios that fit the known facts. Natural abundance is an interesting issue. I'll check it out. Ptask

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next