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) > something about to break here

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Comment by BillionaireBoyon Jun 19, 2019 7:51pm

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Post# 29842074

RE:RE:RE:RE:something about to break here

Actually I bet Brookfield is more likely looking for the current underwriters' that purchased the stock to push and promote the share price all the way up to $40.00 before deciding to unload a second tranche of 5 million shares. All some institutions may pile in when they see the revenues and the 3.7% dividend in a low rate market and capital appreciation upside! There is also the possibility of a major mining company wanting to purchase the rest of Brookfield's position directly from them. With China holding back on Rare Earth minerals it is in the best interest for this company to be held by an American or Canadian entity. GLTA PDL Longs!

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