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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 (608)6/14/2000 12:25:00 AM
From: koan  Read Replies (1) | Respond to of 976
 
Good day for PDL and PD. I agree with Elizabeth's analysis regarding PD outperforming PT. I read on one of the news threads that the $20 jump today was caused by two purchases of just 8,000 oz. No one was selling.

This whole gigantic jump in PD prices must be changing PDL's plans as they now have cash I am sure they never expected. I wonder if they can boost production in the interim (i.e. before the big expansion) with smaller and quicker increments i.e. more concentrators. I am not a geologist, so I have little knowledge about how this stuff is processed.

P.S. - I always guessed that Russia had little PD.



To: Ptaskmaster who wrote (608)6/14/2000 9:23:00 AM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 976
 
I guess we never agreed. I don't think in this case that more shares means dilution as the cost of the money is the issue in an economic sense. It looks like the underwriting group has exited which is good.


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