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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) > Options never went to market
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Comment by Texasliamon Mar 10, 2019 9:10am
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Post# 29466070

RE:RE:Options never went to market

RE:RE:Options never went to marketQuote: market and certainly did not contribute to the rapid sell off.  In fact management and the board have recognized the potential impact of selling shares into the very small float that exists for NAP and recently the board approved a process whereby the company has bought back vested options and canceled them. This process does not impact the share price and does not dilute shareholders and is a very responsible way for management to be compensated for the recent successes. No one has been able to exercise options since 2015.
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