North American Palladium Ltd. Message Board
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I think it MUST be pal.
Small miner controls "114 square miles of what could be the most palladium-rich land on the planet."
PAL has about a "62,000-acre regional land package"
62k acres is about 100 sq miles
"Yet, after 20 years in business, this company has only mined .38ths of a square mile."
PAL started mining PD in 1993. 20 years ago
"LDI complex has only been drilled in a 1km x 1km area & remains largely underexplored"
1kmx1km = .38 sq miles - Reply to
Ackman: My calculation of his losses is about $300 MILLION minimum
by fukallyoo •Mar 8, 2013 2:41 PMWith float under 100M and ~34M short, I simply don't get how this is trading within this range.
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thats just business...AG sells to smelters who have standing customers matched by middlemen. AG also sells ~5% direct to customers via their website. Keith is not corrupt or dumb.
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JC Penney sues to block bondholders from declaring default
http://www.reuters.com/article/2013/02/04/jcpenney-lawsuit-idUSL1N0B4EMH20130204 -
What about the bondholders who claim that JCP collateral on inventory to increase their line of credit is a breach of the bondholders rights and triggers a 3B+ payout...need to research this one more