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Bullboard - Stock Discussion Forum 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... see more

OTCPK:PALDF - Post Discussion

North American Palladium Ltd (New) > I wouldn't expect gold or palladium to go up
View:
Post by macdtrader on Apr 30, 2019 11:52am

I wouldn't expect gold or palladium to go up

until after the Fed meeting.   They seem to use gold as the directional pointer for palladium, just bigger moves for palladium in both directions.  PDL should move in multiples of the palladium price.  We shall see very soon.
Comment by macdtrader on Apr 30, 2019 12:56pm
It seems I may happily be wrong about the palladium price!!
Comment by TABerlioz1111 on Apr 30, 2019 3:58pm
Might be because operations halted at one of Sibanye's platinum mines today due to a major accident. Looks like the workers are all alright but 1,800 are trapped. Sounds like a large mine for PGMs is gone be offline for a while. 1,800 workers trapped in Sibanye mine Keep up to date on South African mining news. The PGM supply there is liable to be disrupted due to a variety of causes. It ...more  
Comment by macdtrader on Apr 30, 2019 4:33pm
https://finance.yahoo.com/news/sibanye-says-1-800-workers-143409899.html Now that we know everyone is safe , let the price spike begin!!
North American Palladium Ltd (New)