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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 Fritzy1 on Oct 30, 2019 1:57pm

I agree......

Selling is out of question in my opinion as well. There is little we can do but wait.......there remains time for another offer to be tabled and if that doesn’t happen????.........I guess we all kick our sorry cans down the road, It’s disappointing and still difficult to believe however it is what it is. How do I feel about Brookfield????........they made a call and it feels like they got it way wrong and left 10 bucks or so on the table. I guess they make mistakes as well.........they must have believed the bull run in Palladium to be long in the tooth and sold short. I was locked and loaded with PDL and the frenetic way it was trading had me believing there to be a long run ahead......there were bursts of selling weaker than the bigger trend up. It was a great run and exciting to be a part of. Pacific Insight Electronics was the last company I had that was taken out........just days after buying It.......how sweet that was, cheers and happy trading.........
Comment by crow27 on Oct 30, 2019 2:43pm
We all know things are crooked but if PDL or Brookfield let any Q3 news out early to other potential buyers then that would open them up to all kinds of trouble, so to get things on the up and up you would want to see those Q3 results and figure out Q4 results from there. Another offer can come even after the 30 days from the initial deal as they would owe Impala i believe another 13 million. But ...more  
Comment by TG1960 on Oct 30, 2019 6:28pm
The other suitors if any have been in the know before this deal was announced, I believe like you that this was the start of crookfield wanting out and put PDL in play..tictoc. 
Comment by crow27 on Oct 30, 2019 7:05pm
That is true and if no one else comes to the plate then Brookfield took the best possible deal that was out there. That would be hard to take but it would be the truth. I smell another offer coming as something just feels odd. No one would be buying today in these volumes if you did not feel this stock is still in play and about to go higher. Why even bother to buy if you felt it was a done deal?? ...more  
Comment by Kenner125 on Oct 31, 2019 9:15am
PDL will have $2 plus a share of cash in bank by December 31st 2019 with no debt. Now certain stock analysts don't like PDL because of mine life and PDL will prove up another 10 years at their present mine . Also Sunday lake will prove to be another 10 plus years to Feed the existing mill. Also Implats has the rights to take on the Waterberg project and with the strong cash flow of ...more  
Comment by mouserman on Oct 31, 2019 11:24am
Analysts have PTM mostly at a strong sell, not sure of why in this bull market for Palladium...
Comment by crow27 on Oct 31, 2019 6:46pm
Funny thing about the mine life, in a interview with Impala the CEO of Impala mentions mine life to be 15 years and with more discoveries it will be longer. I think we have another offer with-in 2 weeks.