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

OTCPK:PALDF - Post by User

North American Palladium Ltd (New) > Share Price Drop Thursday and Friday?

<< Previous

Bullboard Posts

Next >>

Comment by mousermanon Aug 28, 2019 11:28pm

64 Views

Post# 30077714

RE:RE:RE:RE:RE:Share Price Drop Thursday and Friday?

Sure hope we see the drop, would love to add more around 14$ or lower.
This one is dirtcheap considering where palladium is selling now , and the bump in gold , platinum and nickel by product only going to help the bottom line.
I think some may dump hoping to buy back cheaper after ex dividend , but they may get shaken out and then have to buy back in higher in a few days .
Usually the selloff on these kind of precious metals stocks is minimal .
I just finished selling some WPM, on ex divvy date , AUG 22 it was trading at 35.96 the stock actually went down .17 that day. It went over 40$ today less than a week later.
I believe both are strong stocks to hold, but i like PDL's financials even better.
Real story is that the stock is trading at a ridiculous low P/ E with basically no debt , and improving production and margins.
This one is a hold for sure, and add on any pullbacks.

<< Previous

Bullboard Posts

Next >>

How to decrease sector risk by owning hundreds of mineral assets