OTCPK:PALDF - Post by User
Comment by
crow27on Sep 11, 2019 7:51pm
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Post# 30118030
RE:RE:PGMs and Gold heading back higher today
RE:RE:PGMs and Gold heading back higher todayyou have to look back a bit when the same thing was happening in that $12 -$13 range and then it moved to the $13 -$14 range and you get my drift. Now we are in that $15 -$16 range.
Absolutly nothing wrong here except we all would like it to move up faster.
The stock will get legs one of these days and then it will all be trading in the $20 range.
PDL has kept their full year guidance so to keep that Q3 should be in that 59,000 - 60,000 oz range or higher and the AISC costs should be dropping and Pd might average well above $1,500 for the quarter and all the other metals they mine have on average been higher also.
We will be trading in that $16 -$17 range very soon.
The funny thing about this is a stock like this can fool everyone and move up dollars in very short fashion. It takes forever to get past a certain dollar value and then it runs up hard.
I see the last trade for Pd today was at $1,575.00 USD so I'm certainly not complaining. If we have a strike then $25 - $30 range by Xmas would not be out of order.
These guys have ZERO debt (excluding equipment leases) and are doing everything for us shareholders to make some real profits.
Keep the faith and hang in there folks.