RE:RE:Palladium up again this morning. $1056 per ozTrueCanuck1 wrote: BR,
What do you think is the reason why NAM management has not begun open pit mining? Why is it so important to NAM management to first prove up more resources?
My understanding is that they have done an internal PEA and this allowed the board to approve the raise, and spend, to conduct a formal PEA. They are potentially waiting on this before putting shovels in the ground.
My 2 cents.