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North American Palladium Limited Şirket Message Board

  • ajkauf98 ajkauf98 May 8, 2013 9:02 AM Flag

    Tomorrow's Meeting

    Do you think we will get any additional news during the shareholder’s meeting tomorrow regarding financing/bankruptcy/merger/sell? What, if any, news are you guys expecting we will receive. It’s been a rough week, but I am still holding.

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    • I agree with newguy. I wouldn't be surprised if one or more of the board members doesn't receive 50%. I also expect contentious rhetoric from some disenchanted shareholders.

      I see the chance of some more major news that moves stock price as slim, though possible.

      I am also holding for the moment. I am expecting some upward PGM moves in the next week with the Amplats announcement supposedly imminent and JM Platinum Review (with 2013 forecast) coming out next Monday. The Amplat news might not do all that much, if it's either watered down or delayed again, but I'm hanging in just in case.

      A PGM surge won't come close to solving all PALs woes, but it hopefully would give us a better price than $1.13 to lighten up some.

    • The key to the meeting is the proxy vote count...if they reveal the results? I expect a fair amount of deterioration of board support! We shall see.....

    • Since this mtg scheduled quite a long time ago, don't expect anything unusual. If the had anything earth-shaking to say would have been done Monday. And if anything really significant they are required to reveal ASAP.