Browse Symbol Stacks: PALDF: paldf.png

paldf.png

North American Palladium (PALDF) hasn't reacted to change in the price of physical. It mines physical for somewhere around $650 dollars per ounce. Profit potential has just increased from nothing to something substantial in less than two weeks. There is no way that this stock is going stay down for much longer even with little or no volume.

Comments

ClawsClaws
Disclosure of interest. Currently hold $50k+ of PALDF in portfolio. Bought it at average of $3.68 on that last nice dip. 7/31/16
anjing bauanjing bau
PDL.to ... TSX is the primary market average daily volume is 5.1K...you own 10 days worth of stock.....a big day for this stock is 20K shares traded...... 
 
North American Palladium Ltd. is a platinum group metal (PGM) producer on a permitted property. The Company's only material asset is the Lac des Iles property. The Company's Lac des Iles property is located approximately 90 kilometers northwest of the City of Thunder Bay, Ontario, Canada. The property consists of an inactive open pit and a mill with a nominal capacity of approximately 15,000 tons per day. 
 
To conserve energy, the Lac des Iles mill is currently running on an intermittent operating schedule, operating on 14-day campaigns at approximately 13,000 tonnes per day followed by 14 days off. The mill design capacity is 15,000 tonnes per day. ( they are stoping the underground mine they have.......) 
 
7/31/16
ClawsClaws
Second largest producer of palladium in the world. Reduced production because of the price of physical. It has not shut down production. Instead it has focused on the cheapest palladium that it can mine to reduce the average cost per ounce of palladium mined. I bought most of the shares that I picked up on a single day. But I also sold and bought back on other days. So yes, a large chunk of recent volume is down to me. 7/31/16
TombTomb
Santa thanks for the info. Looking at the candle chart it looks bullish to me but think they may one more drop in the correction to attemp to close the gap around 3.05. 8/3/16
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