OTCPK:PALDF - Post by User
Comment by
crow27on Jul 10, 2019 10:34pm
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Post# 29906937
RE:RE:The Markets Are Waking Up
RE:RE:The Markets Are Waking UpPalladium is trading just under the $1,600 USD price and yes these guys are so in the money.
The inventory could hang around for outages/shutdowns etc so they can still feed the mill. Either way it really is money in the bank.
PDL needs to keep a sharp eye on the process and make sure they don't have any breakdowns due to lack of maintenance or being lazy at the mill.
I'm sure they are all over this since they took some heat last quarter over this. At this PD price and a higher price moving forward its all hands on deck to keep everything running. I have worked at many mines and it is a very tough environment on the machinery but keeping a watchful eye on your equipment can really help.
The top dog at this mine has been around the block a few times so I know he is all over this.
We really should blast through $15.00 tomorrow even if PD is down a few bucks.
I like that they gave us the update on the drilling/assay results today as it looks like they do not want to miss a beat in selling this mill to someone with deep pockets. You can sometimes wait months and months for results from a drilling program but I like they let loose 30% of the results today. Keep the interest high and be noticed.
$20.00 is not too far away and then .................... we head towards $30.00