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: Sleeper who wrote (533)	3/31/2000 11:41:00 AM
From: Ptaskmaster	Read Replies (1) of 976

Sleeper, Good take on Pd and NAP as a soap opera, it's a useful metaphor. Acts 1 and 2 cover the long, bumpy journey from discovery through MN, arriving at NAP, a working mine and new management. Act 3 is the present, with Russian shortfall, Pd price spike to $850, TOCOM trading restrictions, Tiger fund massive Pd holdings, NAP feasibility study and labour contract. NAP looking good with an expandable open pit mine and increasing resources, and junior explorers scrambling all over Ontario citing NAP as the standard against which new discoveries must be measured. But wait, who is that masked and cloaked man in the wings standing atop a mountain of preferred shares -- and what does he want? Who are those men in pinstripe suits in the line standing behind him? What is it they are muttering, 'mumble, mumble Goldman Sachs'? Intermission. Ptask

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