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


To: Claude Cormier who wrote (168)12/11/1997 8:38:00 AM
From: Richard Mazzarella  Read Replies (2) | Respond to of 976
 
Claude, thanks for your reply. Silver is doing a stutter step forward for now, consistent with perception of inflation. However, I am not so sure that silver is a metal with a future. Kodak even sells digital cameras now. Experience has that technology advances in the "digital" area move faster than forecast, computers etc.. I also sense manipulation in the current silver market. The PGMs are finding new uses that should grow future demand. True PDL has bad financials, however that can be fixed. There is metal at PDL to be recovered. The stock price is very oversold and could double easily in a couple of months. Silver stocks will take longer to double from current prices IMO. Just some thoughts.