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


To: GeoDude who wrote (815)1/5/2001 3:14:20 PM
From: Bruce Robbins  Read Replies (1) | Respond to of 976
 
I am not sure of the high-grade vs low. The present reserve calculation uses a cutoff of 0.85 g/t Pd at a price of US$320 per ounce. As you know, these magmatic things are sometimes quite uniform... I do not think we will see 320 per ounce for Pd within the next 5 years at least <g>.

From their site:

napalladium.com

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At full production, starting in 2002, annual output will average approximately 250,000 ounces of palladium, 21,600 ounces of platinum, 16,300 ounces of gold, 5.6 million pounds of copper and 1.9 million pounds of nickel for a minimum of 11 years, according to the current mine plan. Total cash costs over the mine life, net of other metal credits and including royalty, are estimated at US$160 per ounce of palladium.
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Bruce