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 Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer

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To: Ptaskmaster who wrote (575)5/5/2000 5:03:00 PM
From: SleeperRead Replies (1) of 976
 
If I remember the playbill correctly, the next act is: D I L U T I O N.

Believe you are correct, Ptask. The good news, is- the fat lady has yet to sing.

Quarter ended 12/99 did not include record high Pd prices, and if NAP was profitable with Pd prices @$500/oz. the next quarter should be stellar. Don't know what they will do about their debt service though. Would expect interest payments to be made on a quarterly basis to keep them timely.

Sleeper
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