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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


OTCPK:PALDF - Post by User

North American Palladium Ltd (New)
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Post by dbinvestoron Aug 10, 2015 11:07am
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Post# 24003126

rights offering at 5.97....

rights offering at 5.97....
i would venture a guess stock price gets back to the 7-8$ range to make exercising the rights worthwhile...

they expect 50 mill in proceeds from the rights offering and other entities are backstopping which means they will have to buy the leftovers ...

like arcan I think the stock price will take a few days to calm down

all my opinion...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities