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

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North American Palladium Ltd (New)

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Post by BillionaireBoyon Apr 26, 2019 8:56am

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Post# 29673571

Palladium at $1444.60 per ounce

The shorters at TD Bank will now be losing monies shorting palladium if they are still holding their short positions. A trade deal between the US and China should push the price well above $1500.00 per ounce. The conditions are now perfect for PDL to make a nice run. This is especially so if the underwriters (banks) have completed their positions in the marketplace. GLTA Longs.

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