Post by
Chef999 on Feb 14, 2020 12:17pm
Bluesky opportunity
One drill already turning and another to be added shortly. Goal of drill program is to increase the resource estimate (confirmed with a NI 43-101 report as 557,000 oz. indicated) fourfold. That implies a resource of 2.2 million ounces of Palladium. Palladium is currently in a climate of short supply in relation to burgeoning demand (result of greater efficiencies demanded from catlytic converters to meet current emission standards). This is not a choice on the producers part but a forced condition aimed at reducing emissions. Forecast price (minimum outlook used for illustration purposes) for Palladium calls for a rise in price in current year to minmum of 2500.$ U.S. Current price is $2300. U.S. Second goal was to have cores to display at the PDAC in early March. This looks like a certainty as well.
Result is a perfect opportunity to invest in a company with bluesky potential! Love that word and haven't had opportunity to use it for a long time! Is this a buy? Screaming buy!!