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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) > dont you love the insiders
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Comment by Kelso99on Mar 07, 2019 1:11pm
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Post# 29456329

RE:RE:RE:RE:dont you love the insiders

RE:RE:RE:RE:dont you love the insidersInteresting, I wonder why they didn't use the option repurchase program instead of the big sale that crashed the price March 4th?  You think they would have got a higher price that way and prevented the dramatic stock decline.

"On December 21, 2018, the Company introduced an option repurchase and cancellation program, which provided optionholders with the ability to surrender vested stock options for net proceeds equal to the difference between the respectiveoption strike price and the valueweighted average market price for the Company's common shares (PDL) during the five daysimmediatelypriortotherepurchasedate.  The programexpires on December 12, 2019"
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