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.07 here we come... bail folks before it’s toooo late. It’s never going to make any money, Down she goes
Hi Folks, looks like this thing will never never make any money.. time to Dump It. Bail before it’s too late !
Down she goes folks, dump it before it’s tooooo late. This isn’t going anywhere but down the toilet. This is not going to make anybody any money. It’s a money loser and headed to a couple a penny’s . Maybe 5 at best. Dump it it before you lose it all..
Looking good today everybody is making tonnes of money with this thing.... Ooooops sorry , losing money big time. Dump it folks this company is a sham, it’s never going to make any money, it’s a scam that is dead at these metal prices and such low grade rock. It’s just rock not ore ! Dump it and bail out before you lose everything.
Hi Folks, are we making any money? As I said before I have seen it time and time again, this will never make money, it will only suck more and more bucks outta yer pockets. Time to bail folks, it’s a money loser. Dump it
Down she goes, is anybody asking money with this thing? Looks like it’s a sure thing ! A money loser... seen it time and time again. It’s just sucking more and more bucks outta yer pockets. Down she goes again.....thebgradesvarebway too low, way to low .
This thing is a money loser in all respects, too low grade, cost overruns from report to report and metal prices too low. Time to dump it, it’s never going to make a buck let alone one cent. Seen it before... it will suck more and more $’s outta yer pockets
Down she goes, this thing is a money loser and they know it. Time to bail out before you lose everything. They will never make money and it’s only going to suck more bucks outta your pockets folks. ??
Copper and nickel up a little today, but.. not enough to make this thing a proffitable operation. Too low grade meaning it needs much much higher metal prices. Looking at pictures of those old abandoned iron mining / processing buildings doesn’t impress me. Looks like best thing would be to tear them down and sell for scrap.renovating old non maintained facilities of several years can have high cost overruns. Starting from scratch better way to go than restarting an old delapilated rust bucket
Hi Folks looks like a good day to bail out and dump this thing. It can’t make money and they know it. Grades too low and prices not good enough. This project not an investment, not even a spec play. It’s a money loser sucking more and more bucks outa your pockets.
Looks like folks have plenty of gobeltygooky reasoning to hold on to this stock. Nothing there that would change where this thing is going. Time to bail folks. Dump it and put your money elsewhere
Folks just keep buying and holding out figuring they will make it big time. Truth is it’s a spec play and not even a good one at that, definitely not an investment. Cost overrun on estimated construction cost going through the roof. The ore grades are way to low, I wouldn’t even call them really ore grades in most copper nickel camps. This will never happen and will be put on the shelf. There are so many of these low grade bulk mining projects collecting dust, looking for that billion or 2 bucks to suck out of your pocket. They will continually reorganize the debt until Glencore owns 90 % of the shares through dilution. Seen it before, it’s all part of the big boys mining game. Time to bail folks !
Cost have risen nearly 50% to build this mine and estimated profit has fallen by 2/3rds It’s time to bail out of this sucker. It’s going to have further cost over runs and lose big time money. They blew a quarter billion in debt financing owed to Glencore and they haven’t even put a shovel in the ground ! Sell while you can befor you lose everything!
This is not going to be a profitable operation and they know it. This stock will be diluted bigtime in exchange for debt owing , thereby dropping the share to 5 cents. I have seen this before
All the PDL folks that bought the stock said much the same in 2014...they were happy to hold it... for years. In fact today they are down 99% and need a $3,000. Share price to recoup there loss. Sorry folks not here to scare, but inform.
Wether it’s mining or mining exploration, the industry is not an investment. It’s a pure speculative play, and even with final permits it’s not going to do anything but give a little temporary blip on the downtrend. The metal grade is too Low with present metal pricing. A real investment will pay dividends, and this thing never will. It’s just too tight and we all know mining and mine construction are notorious for cost overruns. Time to bail... there’s just nothing here to excite anymore.
Down she goes, don’t hold out any longer, this will never make money. Glencore will receive gigantic share issue in exchange for loans that cannot be paid. Current shareholders to be diluted big time, into oblivion. Lookup PDL in Canada and research. Similar situation and I called it spot on, 100% , 4 years ago
It will be put on the shelf. No money here. The stock will fall. Debt eventually repayed through share rollback and issuance of gigantic share issuance to Glencore. Similar to what happened to PAL now trading as PALDF or PDL in Canada. Shareholders that rode her all the way down from the high 5 years ago would need a current share price of $3,000. To break even. Take a look at the chart for PDL in Canada. it tells the story. Poor folks lost everything. Time to bail.
Time to bail folks... this thing is not going to make any money, will be shelved and collect dust. PLM sucks bucks right out of your pocket.
38 Institutions have sold out or reduced their holdings, the percentage of the total outstanding shares is also steadily falling and is now below the 5% threshold of significance. Major shareholder Polar/North Pole dumping 12 million deb/share block Friday adds to the significance of the delayed/ impending news release. They know it's not going to be good for the shareholder. Broker trading machines and software programs are successfully exiting their clients positions onto poor little PAL retail folks, who are going to get burned terribly Thursday.
Institutional Ownership 4.46%
Total Shares Outstanding (millions) 387
Total Value of Holdings (millions) $4
6 - New Positions 502,123
15 - Increased Positions 5,482,888
14 - Held Positions 3,208,195
25 - Decreased Positions 8,547,993
13 - Sold Out Positions 6,530,700
Total Institutional shares 17,239,076
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Sentiment: Strong Sell
Polar/North Pole is Dumping Deb/shares from 2014 financing. Announced Friday they sold over 12,000,000 deb/shares. PAL is traded to 4 decimal points in Bid/ Ask. This is a tell tale of a stock commonly supported by machine trading, not small retailer trading. Edgecrest was failing in selling the offerings last year. They initial major purchaser pledge backed out. They were at a point where they sublet the offering to Cannacord to complete. Polar/North Pole became large holders of the offering. Now they are bailing out at a huge loss. They probably have done a sale back through cannacord / edgecrest, who are converting the Debentures and gradually machine trading out the position onto small retail investors who are all caught up in the excitement and hoopla of the long delayed, anticipated news on guidance. The added volume from the transactions and pumping adds fuel to the flame. The only problem is that those buying in now are going to flame out, crash and burn when the dismal news finally comes out. Polar read the signs, Polar got burned, Polar knows the news is not going to be good.
Only two trading days left to bail ... Folks only have to read the financials carefully, the past three years are a complete disaster, the company only stays alive by issuing more and more shares and increasing indebtedness. That's a fact. People get sucked into pumped up hype and the anticipation of an impending news release. Then the facts come out, and they lose their money. The ore body is too short term and too low grade to ever payoff this huge indebtedness, it's a hopeless situation.
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Sentiment: Strong Sell
Classic Pump & Dump Scam
Overdrawn bank accounts, no operating cash to continue, can't pay the bills, Leins against the mine, bankruptcy / insolvency / consolidation news on 19th. It's Classic Pump & Dump Penny Miner Scam. See you @ .00001
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Sentiment: Strong Sell
NEWS Announcement ... ... ... ... ... ... The White House announced today that President Obama will immediately sign an executive order in a major effort to reduce green house gas emissions. The order will make it mandatory that Americas 500 million cows be fitted with palladium bearing catalytic converters cable of filtering out cow flatuant gases (farts) expelled into the environment which are proven to destroy the earths protective ozone layer. Researches from PAL have stepped forward stating they have abundant data available in the field of spewing out hot air and obnoxious gases and are ready to participate in the cow mountings.
PAL paid interest and penalty payments, they did not pay down any Debt. Get your facts right.
Mackie Research: Sell rating and $0.00 target price
According to Mackie Research:
3Q/14 production light due to lower grade: PDL reported Q3/14 production of 32,560 Koz of payable palladium, which was well below our estimate of 43,505 Koz entirely due to lower- grade material supplied from underground. Operating costs were $589/oz sold, or by our back calculation, ~$650/oz produced. In 3Q/14, ounces sold were 36,430 Koz, allowing for EPS loss of $0.05 and cash flow of $0.01, which were roughly in-line with our forecast. For the year, PDL are holding to annual guidance which means 4Q/14 underground production needs to be at record tonnage levels at grades of ~4.1 g/t.
All about the balance sheet and level of debt: In 3Q/14 PDL made a special total interest and fee payment of $32.2 million, allowing the annual interest rate on a senior secure loan to fall from an accrued rate of 19% to a cash rate of 15%. At quarter-end this debt amount was $179.9 million out of $220.2 million total debt. Including retirement obligations and capital leases, total long-term debt is $247.2 million, of which $10.9 million is current. In addition there is a current facility (secured by receivables) of $25.1 million. At quarter-end working capital was $24.8 million, of which $11.8 million was cash. While at quarter-end PDL was in compliance with all loan covenants, we recognize the total amount of debt is too high and too expensive. Just to service debt interest seriously hampers PDL’s operating flexibility, requiring development expenditures to be seriously restricted. The future of PDL is entirely within debt holders’ control, and for PDL to remain a going concern, a refinancing/recapitalization needs to occur, perhaps by 1Q/15 at the latest.
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Sentiment: Strong Sell
If the numbers were so great, why are they not releasing the early January guidance they promised ? Penny miner stocks don't withhold good news, they are notorious for withholding the bad.
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Sentiment: Strong Sell
They lie ! Where's the promised early January guidance. They are Liars. They hide material facts, PAL is broke, can't pay the bills, and not telling material fact that they failed in meeting guidance. Company in serious financial shape, insolvency very very soon, they are in negative cash flow with no cash left from previous financings. Huge indebtedness is payable in U.S dollars which they don't have enough Canadian dollars to keep up. It's a scam folks, but go ahead and buy more and loose it all in the BK.
No Guidance! PAL is a SCAM Penny Stock... HA, ha, ha, ha, ha, ha, ha, ha, ha, ha, they withholding the dreaded news, ha, ha, ha, ha, what a joke of an outfit ha, ha, ha, ha
PAL village people such wise investors, they buy more and more. PAL has no more cash, Pal Burnt all your cash, PAL needs more of your cash now, PAL won't tell you the great early January news, PAL wants moe of your cash, PAL folks keep buying with their cash, PAL likes to take your cash, PAL wastes your cash, PAL folks giving more cash, PAL folks love to lose all their cash, ha, ha, ha, ha... So hilarious
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Sentiment: Strong Sell
PAL Broke again, PAL needs cash now. PAL needs your cash . Buy more and lose more of your money to PAL. Ha, ha, ha, ha, ha, Suckers ha, ha, ha , ha so hilarious.
Ran out of cash in December, can't pay their bills. They can't do a loan financing as they have no security left to pledge. They can't get a broker to do a share raise again as the last deal almost collapsed when the primary pledge backed out at the last minute. Edgecrest got burnt and had to bring in Cannacord to dupe in enough little baggies to complete the offering. Since then the share price has collapsed and their is no hope for another raising. It's flunkken flooshed worthless and is doomed to issuing the $150 mil new offering in exchange for debt with BAM who as new majority share holder will then vote a special meeting to take private and eliminate present little PAL bag holders. The LOC banker seizes their security, the accounts receivables and metal inventory and Bam Auctions off remaining mine chattels to the highest bidder. Bag holders get nothing.
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Sentiment: Strong Sell
$15m revenue, $20m expenses a month = Broke
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$67,000,000.00 share raise all gone, Broke Again !
Tranche 1: Jan. 31 - Feb.10 2014. $32,000,000. Share raise @ C$ 0.635 / share
Tranche 2: Apr. 11 - Apr. 17, 2014. $35,000,000. Share raise @ C$ 0.4629 / share
All your money is gone, PalSucksBucks right outa yer pockets... What is the share price now? What a great investment ! A billion new shares going to be printed up for new PAL suckers to buy and lose more money. Thing is, they have to announce the Reverse split of 1 new for 50 old shares before they start scamming folks out of more of their money. New PAL Suckers born every minute, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha... This is so Hilarious Ha, Ha, Ha, Ha, Ha, Ha, Ha... Buy more, lose more Suckers...
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Sentiment : Dump It
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Too late for a new stock issue. Pal broke last month, not paying the bills. Creditors knocking on the door, company not answering. Nobody home as they are busy working under a blackout getting ready to announce commencement of creditor production. Forget about guidance, there won't be any, most likely a halt before the devastating news hits the fan.
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Sentiment : Dump It !
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PAL broke once again. Billion + new shares going to be issued to BAM. Share price plummets to .0001 BAM majority interest casts vote to take private. shareholders get nothing.
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Sentiment: Strong Sell
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Weak minds are holding
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.its going belly up, ha, ha, ha, ha, ha, ha
There will not be guidance, because it going into receivership proceedings
Dec. 11, 2014 News Release : "The Company expects to provide its next operational update in early January 2015 when it provides its operating guidance for 2015 and preliminary full year production results for 2014."
Is It "Early" January Yet ?
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The news is going to be so good that they still don't want to tell you about it.
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Buy more, lose more... suckers, ha, ha, ha, ha, ha, ha... so hilarious ha, ha, ha, ha
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Is It "Early" January Yet ?
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The news is going to be so good that they don't want to tell you about it.
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Buy more, lose more... suckers, ha, ha, ha, ha, ha, ha... so hilarious ha, ha, ha, ha