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

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To: Sleeper who wrote (790)12/12/2000 11:30:58 PM
From: Bruce Robbins  Read Replies (1) of 976
 
Sleeper,

I agree with your assessment although I do not think the $900+ mark can be held for too long. I do not see Pd back at $450 however. Anywhere between the two is good enough for PDL... There will not be any significant new supplies for quite a while, but the temptation to substitute is quite strong right now. The only problem is that there really is no cheap alternative to PGEs. Maybe they will reduce the environmental restrictions <g>...

Bruce
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