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

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North American Palladium Ltd (New) > Accept Impala offer?

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Comment by Consvestoron Dec 02, 2019 7:48am

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RE:RE:RE:Accept Impala offer?

The Impala deal is subject to shareholder approval ( a vote), but Brookfield has already committed their shares for the deal, which is over 80% of the shares. I voted against the deal, as it is a rotten deal. However, it won’t make a difference- we’re just minority shareholders. Voting does not tie up your shares. If you want to sell them before the deal closes, u can. Or if a higher bid does happen to come in, you would be entitled to that new bid - provided that you have not sold your shares.

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This small-cap gold stock keeps notching high-grade gold in Nevada