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North American Palladium Ltd (New) PALDF

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

Comment by mousermanon Sep 13, 2019 2:25pm
68 Views
Post# 30124728

RE:RE:RE:Different spot prices for PD on some sites

RE:RE:RE:Different spot prices for PD on some sitesI think the market is selling off miners  , no matter what the fundamentals are like , and that inlcudes  for those that are in a different space, like PDL. 
The main metal for PDL is palladium and we know that it is trading very near the all-time high, and that supply is very tight, and this indeed may not be the top. 
As i say buy the pullbacks as this deal is just getting better not worse.
Gold accounts for about 5% of the metal production and this Q the average gold price will be 10 to 12 % higher than the last Q, same goes for platinum... up from about 840 $ average for quarter to JUNE 30..... and copper only down a few % and it is actually the smallest by product credit .
Will be blow out earnings....
as i add here, my position is getting quite big, now nearly half my portfolio, AND that is because i cant see a better deal out here. 
Investors seem to be jumping all over the financial stocks of late, but they are  volatile and some negative from TRUMP and CHINA and they will drop like a rock again.
Palladium price is not so affected  by market sentiment and does NOT drop with gold and silver.
Sooner or later the market will catch the drift. Not today it appears.
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