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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) > something about to break here
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Post by Mojodaclown0 on Jun 19, 2019 10:33am

something about to break here

and to the up side , were on the thin path of least resistance about to break.. feb 2019 when palladium price went to1500$ PDL went to 20$.. trending up glta
Comment by crow27 on Jun 19, 2019 10:49am
Q2 profits are going to rock the street. I agree, this should be closer to $20.00 as we speak. Thinly traded stocks can really rock when the planets line up. Paid off debt, increased DIVI, PD is trading way above what management is counting on for their forcast, increasing mine life, increasing production. Ya, $20.00 is absolutly in the cards and to tell you the truth it could be closer to $30.00. ...more  
Comment by Consvestor on Jun 19, 2019 2:46pm
I don’t even want to say what I think this will be trading at a year from now.  Y’all would call me crazy I’m sure!
Comment by sunshine7 on Jun 19, 2019 4:56pm
While I totally agree that one year from now Sp will be significantly higher, one should be aware that Brookfield will continue to pare down their ownership level significantly. They recently seemed satisfied with $13. This will put a lid on any speculative run IMO.
Comment by BillionaireBoy on Jun 19, 2019 7:51pm
Actually I bet Brookfield is more likely looking for the current underwriters' that purchased the stock to push and promote the share price all the way up to $40.00 before deciding to unload a second tranche of 5 million shares. All some institutions may pile in when they see the revenues and the 3.7% dividend in a low rate market and capital appreciation upside! There is also the possibility ...more  
Comment by sunshine7 on Jun 19, 2019 11:29pm
only retail would be stupid enough to buy at $40 and Brookfield has no interest in selling to retail. Personally surprised that first tranche set as low as $13. I expect next to be a bit higher, maybe $15-17...unless takeover offer made by mining major at higher.
Comment by diabase1 on Jun 19, 2019 7:59pm
I agree Sunshine7. I thought the same thing about a week ago.
Comment by macdtrader on Jun 19, 2019 11:54am
I'm noticing no selling at the bid.  All the down ticking appears to be bankster scum.
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