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) > The Markets Are Waking Up

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Comment by bigreturn11on Jul 10, 2019 5:20pm

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Post# 29906022

RE:The Markets Are Waking Up

crow27 wrote: to this story!!! Q2 stellar results are about to be released and Q3 results could be insane at this PD price. We still have a long way to go before we are even close to fair value.

Yes Q3 could be a monster quarter if this keeps up. The company is net profiting just under $1M each day at the current commodity price.

What is interesting as well is that last quarter the company reported $30M in inventories on hand. They could realize a major gain on that stockpile assuming it is still present.

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