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) > Isnt it ironic that Palladium is down over $100 per ounce

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Comment by crow27on Aug 01, 2019 2:06pm

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RE:RE:RE:RE:Isnt it ironic that Palladium is down over $100 per ounce

I believe the drop in PD today was because Russian Norilsk announced that they have upped their PD production by 10%. In a tight market this would make sense.
Now back to our Q2 results, they should give the stock a boost. Remember, even at these prices today PDL is making excellent money. You have some big contract talks taking place in Africa as we speak and if they do not go well then PD will jump $100.00 in one day.
Relax and stay the course.

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