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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer -- Ignore unavailable to you. Want to Upgrade?

To: Michael R. Swanger who wrote (336)	9/28/1999 12:09:00 PM
From: Sleeper	Read Replies (2) \| Respond to of 976

What do you guys think is causing the rise in pdl? Here's what I think is going on in a nutshell: 1. Tight world supplies has Pd prices at a 12 year high; 2. Newly discovered reserves makes PDL a potential major player in the free world supply of Pd: 3. Gold is recovering from it's historic lows and the rising tide is lifting all boats; 4. SWC has it's own subset of problems that is clouding it's future; 5. Equities have underperformed this year, and metals are starting to appear attractive; 6. Pd remains a major metal for electronics and automobiles with no adequate alternative Anyone else care to expand the list? Please feel free. BTW, PDL up $C.25 on 30k in morning trading. What a run over the past week! Sleeper

To: Michael R. Swanger who wrote (336)	9/28/1999 12:47:00 PM
From: Ptaskmaster	Respond to of 976

Sleeper pretty well nailed it in his post (#337). The recent proliferation of Canadian explorers and juniors searching for PGMs, and their overall relatively thin results, also tend to highlight NAP's good properties and prospects. His comments on the importance of Pd are well taken. Also, the central role it plays in many current "new hydrogen energy" experiments indicates that there may be important new applications and uses for palladium in the near future. The price and volume rise in trading is all the more interesting if Pat Sheridan is liquidating as his share payout comes to an end. Ptask