Tuesday, August 17, 2010

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.