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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 (823)1/7/2001 4:04:38 PM
From: Sleeper  Read Replies (1) | Respond to of 976
 
Elizabeth, In my opinion this stock should trade at 4x 2002 earnings, or C $16/share. I consider that the floor. More appropriately, a reliable source of Pd in a secure country should command a premium of 6x, or C $24. As I stated in my previous post, I consider anything below US $10 a buying opportunity at this point, although market conditions are clearly dictating valuations at the present time. Again, just my opinion.

Sleeper


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