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: Jordan Electron who wrote (515)	3/9/2000 12:54:00 AM
From: Kim Johnson	Read Replies (1) of 976

Hello Jordan and Ptaskmaster, Unlike our North American producers the Russians and Amplats etal produce palladium as a byproduct of mining and refining platinum. It is thought/rumored that the Russians traded with platinum and for years/generations stockpiled much of their palladium. About the time the price of palladium crossed the price of platinum there were rumors that some of the Pd bars that were being delivered actually had a likeness of the Czar stamped into them. It is my belief that since the fall of Communism in Russia ABSOULUTLY EVERTHING OF VALUE has been looted by former communist party officials and what some refer to as the Russian Mafia. This would include stockpiles of crummy old palladium. They will continue to be a very large producer but IMHO "the cupboard is bare" except maybe that very top shelf. THESE RUMORS ARE FUN BUT REMEMBER JUST RUMOR AND SPECULATION! Kim P.S. Someone told me that when everything is 100% in place that PDL could earn C$6.00/share.

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