OTCPK:PALDF - Post by User
Comment by
TickerTwiton Jul 06, 2016 7:06pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
240 Views
Post# 25029615
RE:underground grade
RE:underground gradeLast time I ran numbers on PDL it needed nearly $900 Pd to break even. That was 20 months ago. The "sad story", in my view, is management's inability over time to come anywhere near cost estimates in the technical report.
I have never before given a recommendation on a stock. I now make an exception for PDL. (1) Stay away from it. (2) Make a note of the BoD names and management names for the past 6 years, and stay away from anything they lay their hands on in future.
I can't make the warning any plainer.
.
materialsgirl wrote: I do not know what the eventual grades will be be but I do know one thing
4 or 5 grams per ton for underground palladium does not work. Not a chance at ~ $600 an ounce or even $800 an ounce. $800 would just mean a slower death and that debtors might recover something
It is a sad story
mat