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


To: Ptaskmaster who wrote (427)1/28/2000 7:24:00 AM
From: Sleeper  Read Replies (1) | Respond to of 976
 
Ptaskmaster:
London AM fix US $488. At these levels, since NAP is completely unhedged, it won't take long to pay off outstanding debt of US $80mil. Pd is costing the mine approximately US $110 to produce. Would expect a blowout Quarter coming up with the average Pd price being well above $400/oz. For comparision, look at SWC numbers just reported, and the current stock price.

Sleeper