Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (40006)	10/23/2003 6:12:22 AM
From: Condor	Read Replies (2) of 74559

Hi Jay, If your PAL is North American Palladium, then a jr. stock for you to look into is T.PFN (Pacific Northwest). They are currently proving up a 2 million ounce palladium property 40 miles from Sudbury. I think it will rival PALs Lac Du Grasse. Anglo Platinum is a partner with them and has put in CAD $ 12,000,000 in exploration over the last 3 years. This property will be mined. I have followed this play and owned it for a couple of years but exited when palladium price dropped. What do you see in the future for the price of palladium? It was near $ 800 and dropped to $200. One concern I have with them is dilution. I'm not up to speed on where that stands at this time. I may start stalking PFN again. I have been in mining all my life so this type of play is somewhat easier for me to assess. If you want contacts in PFN let me know. pfncapital.com wwwa.stockwatch.com wwwa.stockwatch.com wwwa.stockwatch.com Cheers C

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