RE:North American Palladium (PDL)Horn1369 wrote: They can take over NAM for $90,000,000 by issuing 5,000,000 shares at $18. The indicated Palladium is 2867000 oz, at $300 profit per oz it is worth $860,000,000. Right now PDL sends their ore 1000 kilometers to the processing plant near sudbery and NAM is about 100 kilometers form that plant. NAM needs a Share Holder Rights Plan as soon as possible if they don't have one already. GL
That 1000km is pricy and keeps going up annually... just that alone takes a lot of profit from pdl...
NAM is 40 minute drive and has potential to triple resources in my opinion, IP survey looked promising.
Pea and drilling will really bring value to River Valley, if they hit some high grades in from the survery.
They have stated River valley has the capability to become a knew district.... so value would far exceed 90 million if these words are speaking are true!! Let’s just hope then stars will align and we can all get rich!!
i was just concerned about dilution but seems support and some big players are buying. So I’ll shut up now about that, so I don’t make Swedish folks angry. I think someone has jumped on board so has a big fund .... but I could be wrong :). We’ll see soon!!
hopefully pdac will bring some good news.