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)

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Post by ghost11on Feb 26, 2015 10:11pm

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Post# 23470595

Sold my holding at 46 But blundered and bought back

At 40.5 thinking it will go back higher.
Bad decision , lost the gains and then some. Now stuck with 15000 shares, my gut feeling is it will drop again tomorrow. If it does will cut and run. After reading Sedar filing I think back to 20 cents.
this company may be very good long term but for traders like me does not make the cut. They need some 250 million dollars to develope the resource?

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