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North American Palladium Ltd (New) PALDF

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

Comment by alwil106on Mar 10, 2019 4:54am
58 Views
Post# 29466017

RE:Options never went to market

RE:Options never went to market
I  suppose even if the PDL officers and employees, could not afford to purchase that amount of options, Brookfield and Associates could take them off their hands without bringing them to market. Erick Sprott would probably like to  mop them up for $5.97 These people could afford to transfer the options to shares without having to sell shares to raise cash for the purchase of options. I suppose the same would apply to the contractors who were paid with options.
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