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: FooFooTheSnoo who wrote (487)	2/28/2000 5:26:00 PM
From: Ptaskmaster	Read Replies (1) of 976

Managing Director of AngloAmerican Platinum on current Palladium market.- "According to Amplats MD Barry Davison, the big difference between now and the early 90's is that the Russians cannot come into the market as they did then and double or treble their sales volumes.That's what ruined the last platinum bash along with the large scale substitution by the world's car manufacturers of palladium for platinum in the manufacture of autocatalyst to control vehicle emissions. The reason Davison reckons it cannot happen again is because soaring demand for palladium has been met from Russian stockpiles of the metal which have now been run down to critical levels. The world's newly-mined palladium production will not be able to meet demand. "Davison maintains this must mean greater consumption of platinum and rhodium as substitutes for palladium in autocatalyst. The SA companies benefit because they produce far more platinum than palladium...." From 'What to do about Platinum Shares' by Brendan Ryan, posted 02/26 on Miningweb at Moneyweb, complete story at mny.co.za ______________________ So, just what is so special about palladium, anyway? Ptaskmaster

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