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North American Palladium Ltd. Message Board

  • buddy.love1969 buddy.love1969 May 10, 2013 3:11 PM Flag

    ISN'T IT FUNNY HOW RBC DOWNGRADES, YET PAL'S HQs IS LOCATED IN ROYAL BANK TOWER...???

    Pal is a screaming buy right now, and i have loaded up and more than willing to wait for the auto sector's positive lag effect on pal stock price. $3 by next quarter. mark my post and learn.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • $3 by next quarter, eh? I don't want to be a wet blanket to your welcome enthusiasm ... but have you been keeping up with NAP's cash needs?

      • 1 Reply to bigsee4c
      • Guess he has been "away". Totally clueless - auto sector? Irrelevant right now along with SA. I expect PAL to trade in a tight range and low volume while everyone waits for financing announcement. I can not think of any possible good news at PAL right now. I listened to the mtg and while CEO sounds technically competent didn't get a feeling he was concerned about finances. I'm sure he is aware but kept cool about it. In response to a question "when" he essentially replied that 2015 will be the year this all pays off. To that I say we have to get to the end of 2013 first.

        The real question is whether PAL price has financing built in or will take an additional hit. Even if built in there is usually a knee jerk reaction from those who have not been following PAL closely.

 
PAL
0.23-0.008(-3.32%)12:11 PMEDT

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