SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (523)3/17/2000 1:28:00 PM
From: Ptaskmaster  Read Replies (1) | Respond to of 976
 
The palladium "market isn't for children or vicars."

"Platinum and palladium took everyone by surprise in what was a head or tails prediction. That ramp remains as confusing as ever as Almaze, the Russian agents and some precious metals dealers push up the palladium price in exceedingly thin volumes and then off-load a bit more. I somehow think that this market isn't for children or vicars. The twelve month palladium range of our forecasters is $450 to $800. Good grief! Trevor Pitts of Standard Bank London, chairman of the platinum and palladium fixing, doesn't seem to be terribly confident about the Russians. He's the one who is predicting $800!"

From "Precious Metals Net Prophet March forecasts" by Neil Behrmann on MiningWeb at MoneyWeb
mny.co.za




To: Elizabeth Andrews who wrote (523)3/17/2000 4:32:00 PM
From: Ptaskmaster  Respond to of 976
 
Russian Palladium stocks, dated but interesting.-

"It is almost impossible to gauge the size of the Russian palladium stockpile with any certainty as it will have been accumulated over very many years.

----snip----

"...it seems reasonable to suggest that stocks are likely to be depleted within the next two years.

From 'Commodities Now' at
commodities-now.com



To: Elizabeth Andrews who wrote (523)3/23/2000 3:01:00 PM
From: Ptaskmaster  Respond to of 976
 
I agree that NAP is the only company in the world that can increase Palladium production immediately and strikingly. It can directly and efficiently expand its geological resources and milling capacity in the largest open cast PGM mine in the world.

I'd like to hear more about the current Norilsk production of Pd from a copper rich massive sulfide. I presume you have hard copies of the Norilsk annual report? I did a quick web check and found little on the English version of the Norilsk Nickel web site:
nornik.ru

One outdated table of Russian Pd production (through 1998) indicates a decline from 1990 to 1995, then slight increases since:
commodities-now.com

Ptask

PS: Where is Bob Johnson when you need him?