North American Palladium Ltd (New) PALDF

short term the palladium price is overbought

[goldstd69]

needs to correct a bit...future is bright though for both PDL and palladium but yes...we broke some support today...hoping 11 or better holds for PALDF....JMHO

[sunshine7]

Considering the avg spot price was less than $1100 in the last quarter and current quarter likely over $1,300, PDL will pump out $2 profit in this quarter alone. POP can correct a whole bunch but not likely enought to warrant the current SP. Many reports are bullish for POP in 2019.

[Kelso99]

Hi Sunshine, Back of napkin, I would estimate Annual EPS of about $2.75 at a $1,500 USD Platinum price and $1.25 at $1,100.  A few things worth noting: 1) Last quarter there was an income tax loss carryforward recovery, which boosted earnings.  I have assumed a 26% tax rate in my calculations.  If PDL is able to fully utilize the $43,500,000 tax asset this year, you can add about