North American Palladium Ltd (New) PALDF

Comment on Palladium Market

[astevens]

https://www.kitco.com/news/2019-04-03/The-Future-Looks-Bright-For-Palladium-Prices-Platinum-Group-Metals-CEO.html

[SmokinWillie]

WOW!!!   Is that ever an opptomistic report on palladium..  Demand up in China and Europe, reduction of supply as byproduct of reduced nickel and platinum mining...  And the bass turds have the balls to cut the price of paladium by $40 today...   Hold tight.....  Thanks astevens 

[astevens]

According to Johnson Matthey, 'the underlying ‘structural’ deficit in palladium is forecast to approach 1 million oz in 2019' (see p. 20 of https://www.platinum.matthey.com/documents/new-item/pgm%20market%20reports/pgm_market_report_february_2019.pdf).  This assessment of the palladium market has been confirmed not only by NAP but also by Norilsk Nickel, Implats, Amplats, Sibanye

[sunshine7]

actually, PoP at US$1,400 is quite profitable for PDL. CF is around $4 at current levels which should support higher SP here.