North American Palladium Ltd. (fka PALDF)

[nowwhat2]

Awww man - I hadn't realized that.....Frickin' stuff broke out huh ?
Wo !......Talk about an equities stock market bubble !.....Don't ya' think we're IN one ?

What Juniors have you had yer eyes on ?....Hitting .25 today
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153379249

[JD400]

'Palladium Picks'Palladium The 'Tesla Stock Of Commodities,'
Smashes Record Again

CAUTION:PALLADIUM CURRENTLY ON COKE

BLOOMBERG NEWS
05:26 PM ET 02/18/2020

No commodity is benefiting from the deadly coronavirus outbreak more than palladium.

Futures contracts for the precious metal surged as much as 8.1% to a record as Wall Street fled stocks. Investors are searching for safe havens after Apple (AAPL) warned that the virus and efforts to contain it would have its sales missing forecasts.

"Palladium has been unbelievable — it's like the Tesla stock of commodities," Edward Meir, an analyst at ED&F Man Capital Markets, said by phone. "Prices are caught up in the rally in precious metals. Whenever these metals rally, palladium tends to move as well but by a greater magnitude."

The rally in metals gathered pace around 10 a.m. as gold advanced above $1,600 an ounce. Over that full hour, volume for palladium was more than six times the average in the past 100 days for that time of day, according to data compiled by Bloomberg. Palladium delivered a 77% return over the past year, the biggest among 45 raw materials on the DCI BNP Paribas Enhanced Index.

Palladium futures for March delivery climbed 7.8% to settle at $2,497.60 an ounce at 1:01 p.m. on the New York Mercantile Exchange. Prices kept rising after the market closed Tuesday, touching $2,504.50, the highest in records going back three decades. The market was closed on Monday for a U.S. public holiday. In the spot market, the metal also reached an all-time high.

Gold futures for April delivery rose 1.1% to $1,603.60 an ounce, the highest close for a most-active contract on the Comex in New York since 2013. The tally of outstanding contracts for the metal is more than 30 times the size of palladium.

Palladium's stellar performance has been driven by expectations that stricter Chinese environmental standards will spur higher loadings of the material in cars, draining global supply that's already struggling to meet demand.

Production will trail consumption by 1.9 million ounces this year, wider than the 1.1 million ounce deficit last year, Anglo American Platinum Chief Executive Officer Chris Griffith said in a presentation.

https://www.investors.com/research/futures/palladium-tesla-stock-of-commodities-smashes-record-again/

[JD400]

Palladium’s biggest miner says market is in a bubble

Palladium prices have shot up 19% in 2020.

Elena Mazneva and Yuliya Fedorinova, Bloomberg / 29 January 2020

Palladium mining company Nornickel is shifting its production mix to more bars and less powder, in hopes to ease volatility in the market. Image: Andrey Rudakov, Bloomberg.
Palladium mining company Nornickel is shifting its production mix to more bars and less powder, in hopes to ease volatility in the market. Image: Andrey Rudakov, Bloomberg.

Financial speculators have created a bubble in palladium that’s bad for the industry, according to MMC Norilsk Nickel PJSC, the world’s biggest producer of the metal.

Nornickel is planning to take steps to ease market tightness by shifting sales to more investment-grade bars, instead of the powdered form used by industrial consumers, according to Anton Berlin, head of analysis and market development. He declined to provide exact figures of how many bars would be produced.

“The market has formed the bubble,” Berlin said in an interview in Moscow. “Underlying industrial demand is not evolving as quickly as the price move seems to indicate.”


Palladium prices have shot up 19% in 2020, fueled by speculation that mining companies won’t be able to increase supply at a time when demand for cleaner cars is increasing. The metal is a key part of autocatalysts, which filter toxic fumes, and is also valued by precious-metals investors. The price fell about 0.5% on Wednesday to $2 273 per ounce.

Powdered palladium is Nornickel’s main product, but the material isn’t used by financial investors, where demand for the metal has been strongest. By shifting its production mix to more bars and less powder, the company hopes it can ease the volatility in the market.

“A lack of ingots leads to higher lease rates, large backwardations and market turbulence,” Berlin said.

Nornickel will sell the ingots to its usual customers, who can use the metal in financial transactions, such as collateral for bank financing, Berlin said.

The record prices for palladium has revived concerns that users will start finding cheaper alternatives and encourage a switch to other metals, like platinum. Still, there’s no sign that’s happening yet because carmakers are more focused on meeting emissions targets and making electric cars, Berlin said.

The mining company will also deliver 3 tons of ingots from its palladium fund to provide short-term relief to the market, Berlin said.

Nornickel plans to produce about 85 tons (2.73 million ounces) of palladium this year.

© 2020 Bloomberg L.P.

https://www.moneyweb.co.za/news-fast-news/palladiums-biggest-miner-says-market-is-in-a-bubble/

[nowwhat2]

Yeah but this Bubble's just barely gotten started (believe it or frickin' not)

.....IF they can bust Tokyo out (which seems virtually inevitable), then there'll be another good yea of this BS remaining....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153345584










Why this Bubble has just barely gotten started !



She's got MONTHS and freaking MONTHS of more Upside left in 'er !







That's what our Platinum Metals Group stocks are so exited about






Why that chit's gonna start bustin' out like ya' wouldn't believe !





Palladium's gonna START goin' parabolic !......And probably hit 4000















And it's "all about" the Nikkei busting out of 24











40,000 is their target - A re-test of the old highs....








JP Morgan ?.....You're The BEST !






Number One on planet

[JD400]

(Yep all Fake) Palladiums part of the bubble

Nothing in the stock market is Real now

All pretend, rigged and front loaded

Gold seems the only metal that stable

watch out everybody

The boogie-man cometh soon

Markets can't Lie forever deceiving everyone

All Lies have a shelf life

Sooner or later they reap what they sow

[nowwhat2]

Okay....well so, yer seeing these all as being essentially fake breakouts....

Hmmmm, well ? I hope you're right (and that they "pull back" a TON) !


So

[JD400]

Palladium Hyper bubble has most investors paranoid

all unrealistic over valued IMO







I'll be waiting for the correction probably starting when the QE curtails 2Q

I'm parked in cheap gold producers for the time being.

Love your postings Man !

Thanks from us all :)

The Biggest Stock Market "Melt Up" In US History Has Pushed Prices To The Most Overvalued Ever

https://www.zerohedge.com/markets/biggest-stock-market-melt-us-history-has-pushed-prices-moat-overvalued-ever

[nowwhat2]

Wild things happening (understandably - now) within the whole "Platinum Group Metals Sector"

This 75 minute long interview link provides one with a half-decent overview
https://bit.ly/36TxpDT (which, I'm pretty sure YOU like, already possess but which others might benefit from listening to)


Anyways,

Last post on this NAM (for example) was 2 years ago ?

There are all kinds of companies (well actually 3 or 4) whose stock charts have "sprung to life"..........
NAM may be (an insignificant) one of them.


January 16th, 2020 Rockport, ON, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J) is pleased to announce that it has entered into an agreement with IBK Capital Corp. to assist the company in evaluating strategic alternatives to maximize shareholder value. IBK Capital Corp. will work to develop strategies to unlock what New Age Metals’ management and Board of Directors believe to be a significant unrecognized value in the company’s stock price.
Next day up 25 %....he-he-he - LoL







GENMF





NKORF






WHY ???....


The Platinum Group Metals stocks have been going bonkers due to recent spot prices


6 months ago :



Broke thru that level of resistance


















https://genmining.com/site/assets/files/3691/gen-cp-2020-01-16.pdf




Bottom-Line question I guess tho is - Just who's gonna be The Next North American Palladium ?




Who's gonna BE the next company who receives a buyout offer ?

[nowwhat2]

That's something I was wondering about and of course should they do so, I just wish this site would use the companys (primary exchange) Canadian symbol where the volumes are higher and the symbols aren't so forgettable.

For example this - PDM (for palladium) versus NKORF (for palladium)

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153247352



Another example = this Generation Mining where (thankfully) I successfully just got a page started on them WITH their more "proper" Canadian symbol instead using of their "twisted" US counterpart GENMF

Just 22,000 shares traded in GENMF versus 1.1 million of Torontos' GENM !

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153248962





Sure aren't many palladium producer / exploration co.s out there.....


Why including Impala there might be only 3 !????

[JD400]

Their going to try to reopen with IMPUF

Impala Canada OTC



I never trust any companies exaggerated unrealistically magnified information they want their investors to believe.

Looks to me the buy out was planned years ago.

[nowwhat2]

Congrats it was fun while it lasted mate.

Wish I hadn't gotten shaken out when I did.











Am currently on the prowl for other palladium companies (and have begun to find 'em)

[Flygy481]

Sorry to hear, but I appreciate not being alone. Thanks, Merry Christmas.

Forget to claim the loss to help your tax bill.

[greendragon-]

I lost a lot of money, as well. The whole thing stinks

[JD400]

North American Palladium and Impala Platinum Announce Creation of Impala Canada

Mining News - Published on Thu, 19 Dec 2019




North American Palladium Ltd announced the successful completion of its previously announced plan of arrangement under the Canada Business Corporations Act with Impala Platinum Holdings Limited. Pursuant to the Arrangement, Implats has acquired 100% of the outstanding common shares of the Company for a total cash consideration of approximately CAD 1.0 billion. Upon completion of the Arrangement, NAP became a wholly-owned subsidiary of Implats. With the acquisition of NAP, Implats has strengthened its competitive position by adding the Lac des lies Mine to its asset portfolio. The low-cost Lac des lies Mine immediately boosts Implats' value and strengthens cash flow to advance its journey toward delivering sustainable shareholder returns. It also diversifies the group's production base with a palladium-rich operation in an established, low-risk mining jurisdiction. Going forward, NAP will operate in Canada under the name Impala Canada Ltd.

The former Chief Financial Officer of NAP, Tim Hill, has been appointed Chief Executive Officer of Impala Canada. The NAP corporate office in Toronto will become the regional office for Implats, while NAP's finance and exploration offices will remain in Thunder Bay, Ontario.

Source : Strategic Research Institute, SteelGuru

[JD400]

North American Palladium and Impala Platinum Announce Completion of Arrangement and Creation of Impala Canada

9:30 am ET December 13, 2019 (Globe Newswire) Print

North American Palladium Ltd. ("NAP" or the "Company") TSX:PDL OTC PINK:PALDF is pleased to announce the successful completion of its previously announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement") with Impala Platinum Holdings Limited ("Implats"). Pursuant to the Arrangement, Implats has acquired 100% of the outstanding common shares of the Company for a total cash consideration of approximately C$1.0 billion.

Upon completion of the Arrangement, NAP became a wholly-owned subsidiary of Implats. With the acquisition of NAP, Implats has strengthened its competitive position by adding the Lac des Iles Mine to its asset portfolio. The low-cost Lac des Iles Mine immediately boosts Implats' value and strengthens cash flow to advance its journey toward delivering sustainable shareholder returns. It also diversifies the group's production base with a palladium-rich operation in an established, low-risk mining jurisdiction. Going forward, NAP will operate in Canada under the name Impala Canada Ltd. ("Impala Canada").

"Impala Canada will accelerate our progress against a number of key strategic imperatives," stated Nico Muller, CEO and Executive Director of Implats. "The acquisition is an important development in the evolution of the Implats Group into a sustainable PGM producer. Over the past three years we have developed a strong understanding of the Canadian operation and its management team and are encouraged by its focus on palladium, its reliable growth potential, its highly engaged team and the revenue-generating potential of the Lac des Iles Mine. This acquisition is a positive development for Implats and our stakeholders."

The former Chief Financial Officer of NAP, Tim Hill, has been appointed Chief Executive Officer of Impala Canada. The NAP corporate office in Toronto will become the regional office for Implats, while NAP's finance and exploration offices will remain in Thunder Bay, Ontario.

Mr. Hill commented, "We are proud to play a significant role within a larger, integrated global PGM producer. We are confident that Lac des Iles will continue to be one of Canada's largest, lowest-cost and safest underground mines, producing a metal that contributes to a cleaner global environment. We look forward to benefiting from the technical, operational and financial resources of a global company as we continue to pursue our palladium production, development and exploration objectives in Canada."

The Arrangement was approved by NAP's shareholders at a special meeting held on December 4, 2019, and by the Ontario Superior Court of Justice (Commercial List) on December 9, 2019. Under the terms of the Arrangement, shareholders of NAP, other than Brookfield Business Partners L.P. (together with its institutional partners), will receive C$19.74 per NAP common share in cash, and Brookfield Business Partners L.P., as the majority shareholder of NAP, will receive C$16.00 per NAP common share in cash.

The Company expects that its common shares will be delisted from the Toronto Stock Exchange on or about December 16, 2019, and the Company intends to promptly apply to cease to be a reporting issuer in each of the provinces and territories of Canada. Implats trades on the JSE Limited (JSE: IMP). Implats shares may also be traded via sponsored level 1 ADR programme (IMPUY) (IMPUF) (U.S.:OTC).

A copy of Implat's early warning report will appear on the Company's profile on SEDAR at www.sedar.com.

Arrangement Questions

Registered NAP shareholders who have questions or require assistance with submitting their shares to the Arrangement may direct their questions to Computershare Trust Company of Canada, who is acting as depositary under the Arrangement, toll-free at 1-800-564-6253 or by email at [e-mail]. Non-registered NAP shareholders should contact their broker or other intermediary with any questions or for instructions or assistance with submitting their shares for the Arrangement. Further information regarding the Arrangement is available in the Company's management information circular dated November 1, 2019, which is available under NAP's profile on SEDAR at www.sedar.com.

Thanks

[Renee]

PALDF: effective Dec. 17,2019: Impala Platinum Holdings Limited and 11638050 Canada Inc. acquired all of the issued and outstanding common shares of the Company pursuant to a plan of Arrangement. The Company's shareholders (other than Brookfield) are entitled to receive $19.74 in cash for each common shares held. Brookfield Business Partners L.P. and their institutional partners (collectively, "Brookfield"), as the majority shareholder of the Company, will receive $16.00 in cash per common share held.

FINRA will delete the symbol.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[JD400]

Some of us did pretty good if you added to your left over RS 0.30 cent shares when the company got back on track a couple a years ago.

Most of my buys were between 4.50 7.50

I did pretty good and had a lot of fun here to boot.


It's been a great honor to be the end run mod here. I just want to thank you all for all the helps and inspirations you have given me along the way. <3

I've met so many wonderful people here and shared with some many old friends, Look at all the people that have posted on this board.

Everyone's been here at some point in their posting career it seems.

Sad to see the board come to a end in a lot of ways,

Thanks again and Great Job everyone <3

J:D

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

$PALDF Weeeeeeeeeeee Ewoooo Hoooo Ahaaa Haaaa $19.74 Approved

$PALDF North American Palladium Announces Voting Results From Special Meeting of Shareholders

11:27 am ET December 4, 2019 (Globe Newswire) Print

North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL) (OTC PINK:PALDF) today announced the positive outcome of the shareholder ("Shareholders") vote at today's special meeting (the "Meeting") of the Shareholders regarding the previously announced arrangement (the "Arrangement") pursuant to which a subsidiary of Impala Platinum Holdings Limited (the "Purchaser") will acquire all of the issued and outstanding common shares of the Company (the "Shares") by way of a plan of arrangement. Under the terms of the Arrangement, shareholders of NAP other than Brookfield (defined below), will receive C$19.74 per Share in cash and Brookfield Business Partners L.P. (together with its institutional partners, collectively "Brookfield"), as the majority shareholder of NAP, will receive C$16.00 per Share in cash.

Approximately 96.69% of the Shares voted at the Meeting voted in favour of the special resolution approving the Arrangement. Details of the voting results will be filed under the Company's profile on SEDAR www.sedar.com.

NAP will apply for a final order of the Ontario Superior Court of Justice (Commercial List) for approval of the Arrangement on December 9, 2019. Closing of the transaction remains subject to certain customary closing conditions including court approval and the receipt of the remaining required regulatory approvals. Assuming the satisfaction of these closing conditions, the transaction is expected to close on or around December 13, 2019. Following the completion of the Arrangement, the Company will be de-listed from the Toronto Stock Exchange and the Company will make the respective applications to the relevant securities regulatory authorities in Canada to cease to be a reporting issuer for the purposes of securities legislation.

Shareholders who have questions or require assistance with submitting their Shares to the Arrangement may direct their questions to Computershare Trust Company of Canada, who is acting as depositary under the Arrangement, toll free at 1-800-564-6253 or by email at [e-mail]. Further information regarding the Arrangement is available in the management information circular of the Company dated November 1, 2019, which is available under NAP's profile on SEDAR at www.sedar.com.

$IMPUY new owners

[Flygy481]

Several reverse splits and the price tanking afterwards. Thx for the reply. Doesn’t look like we’re getting any shares from impala.

[JD400]

Looks like NAP will be de listed mid month

and the company dissolved

We will get a cash buyout at 19.74 per share

How do you lose money @ 19.74 per share ??

[Flygy481]

So, I’m confused, do our shares stop trading after the deal closes?? If that’s the case, I’m going to lose a lot of money.

[JD400]

$PALDF North American Palladium Announces Voting Results From Special Meeting of Shareholders
11:27 am ET December 4, 2019 (Globe Newswire) Print

North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL) (OTC PINK:PALDF) today announced the positive outcome of the shareholder ("Shareholders") vote at today's special meeting (the "Meeting") of the Shareholders regarding the previously announced arrangement (the "Arrangement") pursuant to which a subsidiary of Impala Platinum Holdings Limited (the "Purchaser") will acquire all of the issued and outstanding common shares of the Company (the "Shares") by way of a plan of arrangement. Under the terms of the Arrangement, shareholders of NAP other than Brookfield (defined below), will receive C$19.74 per Share in cash and Brookfield Business Partners L.P. (together with its institutional partners, collectively "Brookfield"), as the majority shareholder of NAP, will receive C$16.00 per Share in cash.

Approximately 96.69% of the Shares voted at the Meeting voted in favour of the special resolution approving the Arrangement. Details of the voting results will be filed under the Company's profile on SEDAR www.sedar.com.

NAP will apply for a final order of the Ontario Superior Court of Justice (Commercial List) for approval of the Arrangement on December 9, 2019. Closing of the transaction remains subject to certain customary closing conditions including court approval and the receipt of the remaining required regulatory approvals. Assuming the satisfaction of these closing conditions, the transaction is expected to close on or around December 13, 2019. Following the completion of the Arrangement, the Company will be de-listed from the Toronto Stock Exchange and the Company will make the respective applications to the relevant securities regulatory authorities in Canada to cease to be a reporting issuer for the purposes of securities legislation.

Shareholders who have questions or require assistance with submitting their Shares to the Arrangement may direct their questions to Computershare Trust Company of Canada, who is acting as depositary under the Arrangement, toll free at 1-800-564-6253 or by email at [e-mail]. Further information regarding the Arrangement is available in the management information circular of the Company dated November 1, 2019, which is available under NAP's profile on SEDAR at www.sedar.com.

$IMPUY

[JD400]

Implats expects merger with NAP to be finalised by mid-December

26th November 2019

By: Marleny Arnoldi
Creamer Media Online Writer


JSE-listed Impala Platinum (Implats) has progressed with due diligence for the acquisition of outstanding shares in TSX-listed North American Palladium (NAP).

The $758-million, or R11-billion, merger has been approved by the Canadian and German competition authorities, as well as the South African Reserve Bank in terms of exchange control regulations.

The transaction remains subject to majority acceptance by NAP’s shareholders and approval by the Ontario Superior Court of Justice.

NAP shareholders will vote on the merger on December 4, after which the companies’ plan of arrangement will be submitted to the court for approval by December 9.

Implats had signed a bridge facility for the funds with Morgan Stanley Senior Funding, Nedbank’s London branch, RMB International in Mauritius and Standard Bank’s Isle of Man branch.

Implats expects the transaction to be concluded on or about December 13.

https://www.miningweekly.com/article/implats-expects-merger-with-nap-to-be-finalised-by-mid-december-2019-11-26

[JD400]

Proxys out today for Dec.4th meeting

https://www.nap.com/investors/financial-reporting/regulatory-filings/default.aspx

Sorry for your loss,

I don't know about your other questions,I'd be guessing