North American Palladium Ltd (New) PALDF

Metals & Mining Industrial Metals & Minerals

North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices. The company generates the majority of its revenue from metal sales, including gold, nickel, copper, pall

OTCPK:PALDF - Post by User

North American Palladium Ltd (New)

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Comment by Bigseeon Dec 20, 2012 5:58pm

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Post# 20758158

RE: Russian pd shipments - ONLY 28% now!

Thanks Pace for the continued confirmation of Pd supply shortfalls. Although, "net importer"? -- I'm wondering if that was a typo or if purchasing is still off. In January, Amplats is due to release their evaluative report that many anticipate will include shaft closure recommendations. I'm still quite bullish on 2013 Pd prices. Regardless of the lack of recent PAL / Pd correlation, Pd price does matter. It improves cash flow ... plus, may make NAP a more attractive target.

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