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) > Outside of my stock certificates, Mostly KL,

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Comment by TickerTwiton Feb 27, 2019 4:16pm

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Post# 29419895

RE:RE:RE:Outside of my stock certificates, Mostly KL,

Well ... if one were to sober up and consider it seriously ...

Norilsk won't be a buyer. Pd comes as a freebie to them, a byproduct of Ni production. Why take on the higher costs of a Pd-primary asset? Not a chance. Maybe it needs more emphasis: NEVER.

An Anglo buy also suffers (no synergy). But, like Sibanye, Anglo has reason to diversify from its RSA vulnerabilities. A tiny chance, but a chance, conditional on the Lac des Iles reserve estimate growing dramatically ... likely beyond reasonable expectations.
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