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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 BillionaireBoyon Apr 18, 2019 5:20pm
176 Views
Post# 29647072

Palladium Closed at $1430.00

Palladium Closed at $1430.00at just about the priceTD Bank decided to short it a few weeks ago! I can see American Barrick buying PDL for $2 Billion but then why have the secondary offering? It looks to me like the banks are purposely pushing down the share price with large lots on the ask to squeeze out any retail investors that may be left! We will see how far they push it down before they start to pump it up with their so called Legal Analysts. With only 3 million shares in retail hands to begin with there wont be much left to squeeze. In any case, GLTA Longs!
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