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) > Share Price Drop Thursday and Friday?

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Comment by skiesthelimiton Aug 29, 2019 6:16am

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Post# 30078127

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

I’m not sure a drop today is in the cards. Pd is up 15$, macd just swung into a buy signal, and we broke above the 25 moving average. But technicals are not always right.

When end it comes to the slow down it’s the old saying baby with the bath water. But!!! Brookfield own 80% some odd of the shares and that would protect us against any major sell off.

Dont get me wrong I’m 100% bullish on the stock, but I do try and think of every thing that can go right and wrong. I believe we will see 25$ before we see 10$. But what do I know

good luck to us.

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