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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 Goldbug52on Apr 05, 2019 8:00am
96 Views
Post# 29586203

If,

If,  this isn't taken out soon by another PGM producer, I'll be a monkey's uncle! Under $1 billion market cap and generating huge profit! I wouldn't be surprised if they've already been approached by someone with a low ball offer, which was rightfully refused. By the way, I doubt that the buyers in the deal are going to try to arbitrage by selling at a higher price than they bought in because with the thin float the price per share would quickly drop below their buy in price. This essentially would be self defeating. Those are just my personal speculations. There are a lot of games being played here and I intend to see them out!
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