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Bullboard - Stock Discussion Forum North American Palladium Ltd (New) PALDF

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... see more

OTCPK:PALDF - Post Discussion

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Post by crow27 on Nov 23, 2019 2:56pm

Strange

how certain days the stock has some pretty aggresive buying. It looks like something is cooking and that just might be that the deal is going through. But one never knows what is really going on.
Q3 results were a home run and Q4 results will be a grand slam so there is always hope when you have the numbers that PDL has. Either way I'll stay untill the fat lady sings and then move on.
Impala just might walk away with the prize but maybe not at the offer price.
Sitting tight waiting for a fight.
Comment by HermanB on Nov 24, 2019 11:57am
I'm holding out to the end as well. I keep asking myself, who the heck is buying these shares for the last month and half. Very narrow range and only pennies below the current offer price of $19.74. The Implats deal was only good for them, as I would bet the SP would have been in the mid twenties by now based on the financials and the price of PD. At this point not seeing another offer ...more  
Comment by skiesthelimit on Nov 24, 2019 7:13pm
The way I see it now is if another offer was to be put in the table they may wait till near closing of this deal so that they don’t risk a prolonged bidding war. But the worst part is all they need to do is offer Brookfield the same amount of money as us minority holders. Which would add another 2.74$ per share into their pockets.  That to me would be the next offer (if any). Then from there ...more  
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