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Bullboard - Stock Discussion Forum 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... see more

OTCPK:PALDF - Post Discussion

North American Palladium Ltd (New) > Banks Sold at $25 and $20 and then
View:
Post by BillionaireBoy on Apr 17, 2019 11:29am

Banks Sold at $25 and $20 and then

evened out their accounts @$13.00 so they are happy with the secondary offering. With the price of Palladium hovering around $1400.00 they are probably shaking as many shares out before they decide to go long on the stock. Its very annoying that the MM's are able to hold the price at current levels and slowly bring it down. Once they have their fill of shares I expect some type of promotion or stock analyst recommendations to increase the price. GLTA Longs.
Comment by macdtrader on Apr 17, 2019 11:52am
They are probably trying to cover without using the placement shares, doing it in the open market instead.  
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