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

To: Elizabeth Andrews who wrote (557)	4/5/2000 9:20:00 AM
From: Claude Cormier	Respond to of 976

<<I'm long and bullish on a mining stock?>> And that makes a lot of sense. There are these special situations like PDL, nd should I had FGX and BAY. I agree with you, Pd supply is rather inelastic for the reasons you mentioned. Still there is new production coming on stream. I named you some. On the demand side, we saw a few years ago a switch from Pt into PD, could the reverse happen in the coming yeras ? Anyway, being long PDL makes sense here and I wont argue with it.