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

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To: Sleeper who wrote (560)4/5/2000 12:20:00 PM
From: russet   of 976
 
Hi Sleeper,

Yes, it appears to be a very complex mine to mine(ggggggggggggggg),...there is a lot of drilling done ahead of the mining to ensure the ore being mined is of the right type to properly mix with the other ore types so the processing plant can maintain the optimum yield,...which may not always be possible. This is the key to the economic success of this mine,...and perhaps its downfall. The processing plant is designed for a certain type of ore. Mining of the different types of ore in the deposit must be done simultaneously and stockpiled, then finally mixed properly so the plant efficiency can be maximized. There is scepticism in the market that they will maximize the process. But as you say,...maybe the engineers have better minds than us (sometimes this is true), and with the present PGM prices, perhaps it doesn't matter.

The potato hamster.
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