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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

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Post by crow27 on Oct 07, 2019 12:04pm

Brookfield

The way I read it, the common shareholder gets $19.74 in cash and Brookfield gets $16.00 in cash on closing.
So Brookfield has accepted a much lower dollar per/share just to move this company out of their portfolio.
That to me looks like a h ell of a deal for the buyer??? It only now makes sense that we get another bid or even multiple bids.
Comment by skiesthelimit on Oct 07, 2019 12:08pm
If there is another bid. My thought is that they will only raise what Brookfield is getting. Bcuz they don’t need to make us happy. They need to make Brookfield happy. I’m on the very edge for selling. 
Comment by crow27 on Oct 07, 2019 12:13pm
Anything is possible but the stock may just go higher once this is digested. It does not seem fair on any metrics.
Comment by skiesthelimit on Oct 07, 2019 12:15pm
Crow are you still going to hold?
Comment by crow27 on Oct 07, 2019 12:36pm
The Crow did not ruffle a feather as we have a bottom ($19.74) and the offer just looks very cheap. I will wait and see as it just looks prime for many other offers and counter offers. Implants were smart as they now can match any other bid. Smart move on there behalf. No other offers will get around them as they have the final say. Many times the company that makes the first offer is not the ...more  
Comment by divestor on Oct 07, 2019 12:46pm
I see no reason to sell under the offer price unless you need the cash soon. Brookfield NR states that they expect the deal to close in Q4 2019. I can wait to see if there is a better offer.
Comment by namechangeneede on Oct 07, 2019 12:36pm
So they will take my shares and give me $19.74? 
Comment by crow27 on Oct 07, 2019 12:43pm
If this deal goes through then we/you will all receive $19.74 when the deal closes. All in cash and no commission for the sell/sale will be charged to your account. I'm not sure of the closing but don't get ahead of things as this was just the very first offer. I think everybody in the universe thinks this is to good a deal for the company and not to have additional interest just does not ...more  
Comment by TG1960 on Oct 07, 2019 12:45pm
The old saying..."a fool and his/her money are soon departed" applies here if you sell...smart money is buying mes thinks...one way are another an equivalent value will be mid 20's.
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