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


To: jpthoma1 who wrote (911)3/22/2001 9:10:17 PM
From: Bruce Robbins  Read Replies (1) | Respond to of 976
 
JP,

Sold my PDL a while back above $13. I got out of YMU and PFN around the PDAC time with a nice little profit. I still have some SLR. After this news, I think I may sit on the sidelines with the PGEs. As for the gold plays, I have already bought most of my picks last year and am sitting and waiting for another entry. The XAU has been doing much better than the gold price has <g>.

I hope PGE prices hold up. It would be a very sad thing for Canadian exploration if they didn't. With a weak economy, diamonds and base metals won't do well. Industrial minerals would also be in the toilet. We'd better hope gold picks up, otherwise I may have to brush up on my paleontology to gear up for a job in the oil sector <g>.

Bruce