North American Palladium feels the Lac De Illes Mine has a bright future. A study on the Thunder Bay area mine was presented to its shareholders on Tuesday. President Bill Biggar says the mine could be producing 250-thousand ounces of Palladium by 2012. The company says it has 150 million dollars in cash for future projects and has no long term debt.
Lac De Illes’ future is bright
North American Palladium feels the Lac De Illes Mine has a bright future. A study on the Thunder Bay area mine was presented to its shareholders on Tuesday. President Bill Biggar says the mine could be producing 250-thousand ounces of Palladium by 2012. The company says it has 150 million dollars in cash for future projects and has no long term debt.
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