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


To: Bruce Robbins who wrote (835)1/11/2001 3:17:51 AM
From: GeoDude  Read Replies (1) | Respond to of 976
 
Bruce: good call on PDL. Unfortunately I have been watching since $13. Looks like for every $100 move in Pd, PDL goes up $3-4. Also volume only started recently so it was tough to get more than a few shares in the recent past.

Do you happen to know what is the worldwide production of Pd or at least what is sold on the marketplace. I assume consumption is at leats 100% of production. Any "strategic" stockpiles anywhere? I am just wondering how much new production will be required to tip the supply-demand balance ...

Thinking of getting in now for a short term swing. Momo players might push this one up quite a bit ... At $13 it was investing, soon it will be trading.

Take care

LIA