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: winston.s.c who wrote (526)3/16/2000 1:09:00 PM
From: Ptaskmaster  Respond to of 976
 
Good questions, no easy answers.

Palladium futures are moving back up
commoditiesfutures.com
and the London a.m./p.m. fix today on Kitco was 718/710.

TOCOM made mistakes, including freezing prices and precluding physical delivery which erodes confidence in their market. Going eyeball to eyeball with the Russian supplier was another one.

One dealer was quoted today as saying that TOCOM maintained the limits to force Russia to sell, but that the price cannot be kept at an artificially low level
biz.yahoo.com

And respected metals analysts are now explicitly questioning whether Russia has the goods: "...maybe they don't have the product they say they do!"
(Dave Meger, The Metals Report, at Alaron Research, 03/16/00)
alaron.com

Enter North American Palladium, which says it can and will increase production significantly. It is certainly fortunate to have expanded its resource base and discovered even more resource potential at this time of increasing pgm demand and prices.

Ptask