GT Resources Inc V.GT

Pd price on the rise

[Mookster3]

The pop in GENM’s share price is likely the result of palladium’s sudden rise back to $1100/oz. If hybrids are to displace EVs over the next while, this Pd price increase should continue. Chart below (already out of date!) provides a current comparison of GENM’s Marathon deposit vs PDM’s Finnish deposits. These deposits are similar, yet the market appears to have totally forgotten about PDM’s Finnish assets. Perhaps uranium and palladium will be the commodity stories of 2024. We can only hope!  
 
Ore Value Calculation (Dec 13/23 Spot Prices)

	Price (US$)	GENM      Marathon      (111 mm t)		PDM      Kaukua    (69 mm t)		PDM    Haukiaho   (19 mm t)
	$oz/lb	%/g	$/t	%/g	$/t	%/g	$/t
Pd	$1020 oz	0.69g	$25	0.58g	$21	0.27	$10
Pt	946 oz	0.21g	7	0.21g	7	0.11	4
Au	2034 oz	0.07g	5	0.07g	5	0.10	7
Cu	3.89 lb	0.22%	17	0.13%	10	0.18	14
Ni	7.55 lb	Nil	Nil	0.12%	18	0.14	21
Co	15 lb	?	?	70g	2	0.005	2
Total ore value US$/t			$54/t		$63/t		$44/t
Total deposit value ($B)			$6.0 B		$4.3 B		$0.8B
			GENM		PDM
Market Cap $mm (12/23)			$46 mm		$21mm

[wooffer9]

 Good  Post. Good  To  Know. Good  Day. Thx. Woof

[Galaxym31]

Nice work .