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


To: The Vet who wrote (483)2/24/2000 11:43:00 PM
From: Ptaskmaster  Respond to of 976
 
Looks to me like a lot of things are coming together for North American Palladium, including mine and resource expansion and financing.

It is essentially the only pure equity play on Palladium metal prices in the world, and is easily traded on Toronto and Nasdaq exchanges.

The big northern hemisphere mines generate Pd as a by-product to other metals like nickel, the South African giants are essentially Platinum mines, and SWC produces platinum and rhodium as well as palladium and management problems.

NAP produces mainly palladium, and the company sinks or swims on the basis of their primary product.

Perhaps unlike others, I not only welcome PDL price dropping lately, thus tracking current Pd prices, but take recent Russian assurances that there is no problem as good indication that there is.

Ptask