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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 16, 2019 11:01am

Brookfield

really did jump the gun with accepting this offer. The hope is that it just keeps looking more low ball each and everyday that Pd keeps going up. 
Pd running away like it is might just bring another suitor into the mix. The world is changing and you just might not need to be a PGM miner to buy this company. 
A gold miner might just take a stab at this under valued company. The mine is stand alone and in the grand scheme of things it is not that complicated and not that expensive.
We have all seen miners throw gobs of money into projects that never ever make them a dollar and they end up just shutting it down, I'm talking billions of wasted dollars. Here you have a mine that is making you money the day you buy it???
Maybe KL throws in a offer, they sure know Northern Ontario very well.
Comment by TG1960 on Oct 16, 2019 11:30am
Brookfield just started the process...there will be higher bids including from Implats mes thinks.
Comment by mouserman on Oct 16, 2019 9:04pm
Implats wont make a higher bid unless a competing bid appears. They already have  a clause saying they have the right to match any offer.
Comment by TG1960 on Oct 17, 2019 11:18am
Yes I know, which is why their offer will go up:)
Comment by Goldbug52 on Oct 17, 2019 11:29am
   I looked at the Implats web site. I looked at their presentation of their buyout of PDL ( North American Pall.) What stuck out to me was the large sum of money they needed to finance this deal! Implats does not seem to be that strong financially. Even if they have that clause allowing them to match a higher offer, I think, they would have difficulty raising the additional funds if a ...more  
Comment by skiesthelimit on Oct 16, 2019 10:01pm
The worst part is palladium is really starting to break out from that 1600$ range. It has yet to go parabolic. Which might bring it to 2500$ to 3000$. At those prices Brookfield would be making a killing on special divis. And companies would be drooling at their feet to take them over. The mania phase hasn’t struck yet in palladium price and producers. I made nice coin, but couldn’t imagine what ...more  
Comment by Consvestor on Oct 16, 2019 11:44pm
PD will almost certainly break $2000.  It just boggles my mind that Brookfield screwed us over like this!