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

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To: Ptaskmaster who wrote (550)4/4/2000 4:40:00 PM
From: Claude Cormier  Read Replies (1) of 976
 
Ptask,

Even 30 millions shares is not that bad if palladium remains above $400. At $400, you get pre-tax cash flows of at least $2 per share. Maybe not the reciepe for a $30-$40 stock but it shoudl support $20 on the long term.
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