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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

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North American Palladium Ltd (New) > Share Price Drop Thursday and Friday?

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Post by BillionaireBoy on Aug 28, 2019 9:01am

Share Price Drop Thursday and Friday?

Does anyone else here think the share price will drop back down to below $14.00 on Thursday and Friday once the stock is exdividend?

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Comment by TG1960 on Aug 28, 2019 9:54am

45 cents is the divy so there will be a corresponding drop thursday but probably more to shake the tree and get some cheapies then back up again.

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Comment by BillionaireBoy on Aug 28, 2019 10:42am

LOL...I guess we should get ready for the tree shake so we can all get some more cheapies. I think the special dividend will be higher next quarter! GLTA PDL Longs.

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Comment by Consvestor on Aug 28, 2019 5:00pm

Tough to say. Might dip for a little while. Can’t see it staying much below 14 for very long.

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Comment by crow27 on Aug 28, 2019 8:30pm

I say no drop ...................... just keep climbing as it looks like the divi and special divi are going to keep getting better. Where is that suitor??

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Comment by skiesthelimit on Aug 28, 2019 9:15pm

There are a lot of recession signals out there.... I’m wondering if a suitor is waiting for a slow down to pick pdl up a little cheaper ( we are already pretty!!! Cheap!!!). If we get any significant slow down then palladium will suffer as well. I’m hoping for a USA China deal. Then we should be off to the races. Till then waiting for a Christmas present.

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Comment by crow27 on Aug 28, 2019 11:00pm

With more Pd loading being installed in all new vehicles to meet higher emission standards and with a huge deficit of the metal for 2019 and this deficit increasing for 2020 I just don't see how a slow down in the economy is really going to hurt the price of Pd. Also PDL is lowering their AISC costs going forward to also offset any drop in the Pd price. I think we have a winner here no ...more

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Comment by mouserman on Aug 28, 2019 11:28pm

Sure hope we see the drop, would love to add more around 14$ or lower. This one is dirtcheap considering where palladium is selling now , and the bump in gold , platinum and nickel by product only going to help the bottom line. I think some may dump hoping to buy back cheaper after ex dividend , but they may get shaken out and then have to buy back in higher in a few days . Usually the ...more

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Comment by skiesthelimit on Aug 29, 2019 6:16am

I’m not sure a drop today is in the cards. Pd is up 15$, macd just swung into a buy signal, and we broke above the 25 moving average. But technicals are not always right. When end it comes to the slow down it’s the old saying baby with the bath water. But!!! Brookfield own 80% some odd of the shares and that would protect us against any major sell off. Dont get me wrong I’m 100 ...more

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Comment by TG1960 on Aug 29, 2019 9:30am

gotta like it when she goes higher on xdivy day...pleasently surprised.

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Comment by Consvestor on Aug 29, 2019 10:07am

Seems some forgot about being ex divi today, as sp is dropping a bit now. However PD is closing in on 1500 ( again), so hopefully we’ll be back up soon.

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