Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Westcliff47on Apr 17, 2019 2:07pm
144 Views
Post# 29639506

Denver Gold Forum

Denver Gold Forum here is the link for the webcast.
https://www.europeangoldforum.org/webcast/

You will need to go to April 10 and scroll down to NAP.
Jim Gallagher talks for 20 mins with background of company and where they are heading.
2019 cash flow based on $1250 palladium is $145mm and should be higher as he points out pdm price has been much higher. They have 15% revenue from other metals mined in addition to palladium.
Base shelf of $500mm is to help Brookfield divest its involvement. (Hope they think higher than $13 per share)
They have 3 million ounces proven which replaces the 3 million they have dug out to date.
They expect to release news on drilling of other areas over the next few weeks.
They think palladium price will hit $2000 as per Johnson Matthey over 2019 /2020
They have 9.5 yrs of mining left and expect to increase that to over 11yrs and more with these other properties nearby.
He says company may be over 1 billion cash over next 5 years as ounces expected to rise to 260/270 thousand per yr.
lots of good info. I have just touched on notes I made.

Well worth the listen and a head scratcher as to why our stock is getting beat down.
.
<< Previous
Bullboard Posts
Next >>