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) > 19.92 - what is up...

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Comment by mousermanon Nov 26, 2019 4:50pm

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Post# 30395264

RE:19.92 - what is up...

Either someone leaked that there was a competing offer, OR shortsellers had to cover ahead of the closing of the buyout.....
As of NOV 15 there were still over 63, ooo shares shorted out there.. and that was on the TSX only, who knows in the US how many there were.

Short Positions for PDL

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : PDL	2019-11-15	63,767	30,246	58,840,783	0.11
T : PDL	2019-10-31	33,521	-86,111	58,840,783	0.06
T : PDL	2019-10-15	119,632	-4,935	58,840,783	0.20
T : PDL	2019-09-30	124,567	2,760	58,840,783	0.21
T : PDL	2019-09-15	121,807	36,101	58,840,783	0.21