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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 Goldbug52 on Oct 15, 2019 10:18am

Mind games?

Very strange price action in the stock price this morning. High volume pushing it down well below the agreed buyout price offered to retail. Is it even conceivable that Brookfield is selling some of it's holdings to capture a higher price than they accepted?
Comment by Consvestor on Oct 15, 2019 10:24am
I think people are giving up hope of another offer coming in.  Unfortunately, the market penalizes miners who diversify, thus narrowing possible bidders for PDL to a select few.
Comment by Kenner125 on Oct 15, 2019 11:23am
This's stock price manipulation someone trying to bring down to accumulate at lower price. Yesterday was a playday PALDF and there was $$$ to be made , possible stop losses taken out. U can see bid /ask on stockhouse hit on PALDF for the US side quote There's over 1% return from here at these prices. Try to get that in one month at the bank. We have also just the hint of another bid and ...more