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 (544)	4/4/2000 12:06:00 PM
From: Sleeper	Read Replies (2) of 976

Claude, I respectfully disagree with your assessment of the precious metals. NAP can produce Pd @ approximately $120/oz. I consider it very unlikely we will ever see Pd that low in the foreseeable future. Gold & silver on the other hand are available in large quantities and the sale of huge Central Bank stockpiles means the price will remain in a narrow trading range for a while. So I personally would rather own a mine that produces one of the world's rarest metals at a very attractive cost than a mine with good production but a limited market demand for it's product. JMHO. Good luck investing. Sleeper

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