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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer
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To: Elizabeth Andrews who wrote (554)4/4/2000 11:59:00 PM
From: Claude Cormier  Read Replies (1) of 976
 
Excellent evaluation Liz.

Pd prices will certainly remain high... but will they average US$500? I don't think so. Too much palladium is coming on the market in the next 2-4 years. Delta Gold in Australia has big plans and they have 200 millions ounces of PGE's resources I think. Southernera in South Africa has one big deposit... and I am sure ther will be other. MAybe the demand will keep growing with those new fuel cell... time will tell.
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