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) > Spot palladium price very volatile

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Comment by namechangeneedeon Aug 21, 2019 2:41pm

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Post# 30051614

RE:Spot palladium price very volatile

Volume is so low that anyone can knock down the price with 1000 shares.

mouserman wrote: Seems PDL a play on Palladium and not getting much buying despite offering up investors and longs a .35 extra dividend on top of the .10 they paid last Q.
Some out there shortselling PDL it seems, thinking it will tank after the dividend payout.
HOWEVER, palladium price still doing very well, and not far below gold per ounce.
Toady spot palladium getting knocked down a bit, after a nice bump up yesterday. Seems 20$ US up and down is like normal of late.
Financials look very good, and it certianly looks as tho next Q will be every bit as good as this one, altho the big dividend does take a bite out of the profits.
At any rate PDL looking like a very solid company , and i can only see more upside in the coming months.