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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) > I’m waiting this one out!
View:
Post by HeyDGP on Oct 07, 2019 5:28pm

I’m waiting this one out!

Well, we're guaranteed $19.74 and we can sell higher, if there are takers.....????

I'm holding tough as We've got the guarantee but, I suspect this is not over....just doesn't sit right especially if there is an out clause in the "acquisition" of this transaction (which may be quite normal, not sure). Also, given palladium's current price and not knowing the 3rd quarter released financial results, this just doesn't add up from a selling perspective. GLTA.

Comment by Consvestor on Oct 07, 2019 6:00pm
Frankly, I am pissed!  It doesn’t make sense that Brookfield would sell at this level - unless there is some sort of side deal happening.  Lesson learned I guess.  Dont buy into a minority position!
Comment by macdtrader on Oct 07, 2019 9:39pm
This is one of the reasons I trimmed my position.   This doesn't add up with the existing fundamentals in PD.  You may be right about a side deal.
Comment by funkshow on Oct 07, 2019 9:42pm
When this closes where are you looking to buy?  I can't find any other cdn listed platinum or palladium stocks!
Comment by topadvisor1 on Oct 08, 2019 2:50pm
This post has been removed in accordance with Community Policy
Comment by bobzuruncle on Oct 08, 2019 3:01pm
This post has been removed in accordance with Community Policy
Comment by TG1960 on Oct 08, 2019 3:05pm
if you say so clown...lol.
Comment by abissas on Oct 09, 2019 2:16am
This post has been removed in accordance with Community Policy
Comment by sunshine7 on Oct 07, 2019 10:51pm
what if a competing bid is $18 for all shares. That is higher sale price and more money for Brookfield who controls the vote.
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