Replies to post #13490 on Value Microcaps Junior Miners

[MontyHigh]

Palladium, Here's the deal...

This is all from memory, but I think its reasonably accurate.

The Russians have this gigantic Nickel mine in Siberia (biggest in the world) that throws off palladium as a byproduct. So much so that they stock pile it (and have a big old pile, multiple years annual consumption) to keep from crashing the price.

I believe its primary use is Diesel engine catalytic converters.

Anyway, the Russian stock pile has always kept me from getting excited about any palladium miners. There is a reasonably big on in the USA, though. I think the symbol is PAL.

Hope this helps,

MontyHigh