Loading ...Revisiting North American Palladium – PDL.TO PALDF
https://ceo.ca/@nasdaq/north-american-palladium-records-a-profitable-2017
North American Palladium just reported a spectacular quarter. This is representation of what the mine will be like going forward only THE COSTS WILL BE LOWER. This thing has a market cap of under 500 mln USD and is now going to spit off over 40 mln of EBITDA per quarter. Also, Brookfield which owns 92 percent of the nae is going to do a strategic review which means they are going to sell it. I think it is worth 40 percent higher from here which is close to 15 CAD or 12 USD. I have been in since 645 and have been adding. This thing is even under 10x fwd EPS. It is definitely going to get some attention.
Nice call Cashcosts….you are a maverick here…trading on company fundamentals….please keep us posted on any others you like
I’ve also been buying ASND.TO ASDRF. The company is 2.5X EBITDA. Zinc play… Renaud Adams from Richmont on the board. And he is a winner.