North American Palladium Ltd. (fka PALDF)

[geophyte]

Year end number are in: The results are nothing like the guidance given at year end 2015. Their production is well short and about a third of it was from surface "ore". The costs are still high and the company, therefore, needs millions from Brookfield. The ore is now deeper and the shaft isn't. The mining method matters less here than the distance to the ore dump. And that gets further and further away all the time. Look for costs to go up and underground production to go down.