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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 (577)5/16/2000 3:53:00 PM
From: Sleeper  Read Replies (1) | Respond to of 976
 
Thanks for the article, Ptask. Sounds like SA has ambitious expansion plans. Have they informed the natives yet?<g>

So supply & demand, as outlined long ago by Adam Smith, once again exerts it's inexorable influence. Like gravity, it's hard to deny.

Is that the Fat lady I hear warming up in the background?

NAP still is well positioned as a low cost, secure producer of Pd. Don't know whether I believe the line about Russia having ample supplies. If they did, they missed a great opportunity to sell at $800/oz. instead of today's $570/oz.

Sleeper