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) > Looking Great!

<< Previous

Bullboard Posts

Next >>

Comment by Consvestoron Mar 19, 2019 1:39pm

92 Views

Post# 29506147

RE:Looking Great!

PDL would be at $30 (minimum) already, except for the fact that investors are skeptical of the price rise of Palladium. People have to understand that the demand curve for Palladium is very inelastic. Large price increases in the palladium price results in incremental increases in the cost of a typical catalytic converter. So for auto companies, it matters little whether they are paying $1000 per oz., or $2000.

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity