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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: PaperPerson who wrote (14648)	8/30/2010 12:36:22 AM
From: PaperPerson	1 Recommendation Respond to of 23087

Nice slope on the palladium price here on this one year chart. you can mentally plug in a bid of u.s.$507 so far tonight in asia. also, PAL came out with a positive scoping study on its plan to go deep at Lac des iles. this came out aug. 16 and the market should have liked it but yawned instead. “The Scoping Study shows that the Offset Zone project is financially robust and will enable continuation and expansion of LDI’s production, while benefitting from lower production costs,” said William J. Biggar, NAP’s President and CEO. “Commercial production from the shaft is targeted for the third quarter of 2012, with production in excess of 250,000 ounces per year and life of mine cash costs of US$132 per ounce. The development of the Offset Zone is expected to transform LDI into a long life, low cost mine, thereby creating significant value for our shareholders.” he goes on to mention the significant fact that this company has $150 million in cash and no debt. cnrp.marketwire.com with that plus maybe $50 million in borrowed money, they can finish getting to the Offset zone without diluting the stock. napalladium.com