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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

Post by sunshine7on Apr 01, 2019 5:56pm
131 Views
Post# 29566432

Final prospectus coming...

Final prospectus coming...
should palladium prices stay firm or rise as expected by some, look for Brookfield to sell off an initial block of shares likely after 1Q earnings which will be very good. Likely over subscribed and those who buy will want to pump it from there IMO. In the meantime, I am hopeful that the over sold condition triggers algorithm reversal shortly. If it is not algorithm, then the prospective buyers are holding it down for a lower buy in, thereby covering their shorts with the prospectus. Manipulation at it's worst. I wonder how Brookfield feels a bought this?
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