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PAL- is sitting on a pile of palladium........for the long term investor... .30 is a steal. For day traders, a 25% profit is a deal.
Board marked. Am already following you!
Added in the .30 range. Don't despair all, there's money to be made here. PAL has the palladium goodies in the ground.
PAL- still very early in the trading day.
Pal- added on that last big dip. The palladium isn't going anywhere.
I think some got out too early.
The day is still young.
To you for making a bundle.
Shake, shake, shake...............the palladium didn't go away, did it? LOL
PAL- Record volume today.
It will be a wild day here. Congrats. You know what they say about volume.
PAL- Do the math.
The chart may be bearish but this isn't:
PAL- nice.
Toronto, Ontario, February 25, 2015 – North American Palladium Ltd. (“NAP” or the “Company”) (TSX: PDL) (NYSE MKT: PAL) is pleased to provide an update on its mineral reserve and resource estimates for its Lac des Iles mine property (the “Property”) in northwestern Ontario.
Highlights:
• Total reserves of 20.4 million tonnes at a grade of 2.1 grams per tonne (“g/t”) and total resources of 71.5 million tonnes at a grade of 2.0 g/t, representing a combined 5.9 million ounces of contained palladium.
• Significant increase in underground measured and indicated resource of 3.9 million tonnes at a grade of 2.67 g/t palladium (413,000 ounces of contained palladium). An increase of 16%.
• Increase in near surface reserve of 6.3 million tonnes at a grade of 1.0 g/t palladium (197,000 ounces of contained palladium). An increase of 101%.
• Increase in near surface resource of 9.8 million tonnes at a grade of 1.28 g/t palladium (274,000 ounces of contained palladium). An increase of 23%.
Thanks for the chart, ospreyeye.
However, the news is very bullish on PAL as palladium for immediate delivery advanced as much as 1.2 percent to $804.72 an ounce, the highest since Jan. 14.
Taking profits is always a good idea.
Palladium for immediate delivery advanced as much as 1.2 percent to $804.72 an ounce, the highest since Jan. 14.
PAL- This maybe mining mumbo jumbo to some ,but once it fully digested and verified................
This is the news! Once it spreads to the mining folks, watch out.
How long before this is fully digested and spread around? The mining folks know what I'm talking about.
NORTH AMERICAN PALLADIUM PROVIDES UPDATE ON RESERVES AND RESOURCES AT LAC DES ILES
02/25/2015
Download this Press Release (PDF 309 KB)
TORONTO, ONTARIO--(Marketwired - Feb. 25, 2015) - North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL)(NYSE MKT:PAL) is pleased to provide an update on its mineral reserve and resource estimates for its Lac des Iles mine property (the "Property") in northwestern Ontario.
Highlights:
Total reserves of 20.4 million tonnes at a grade of 2.1 grams per tonne ("g/t") and total resources of 71.5 million tonnes at a grade of 2.0 g/t, representing a combined 5.9 million ounces of contained palladium.
Significant increase in underground measured and indicated resource of 3.9 million tonnes at a grade of 2.67 g/t palladium (413,000 ounces of contained palladium). An increase of 16%.
Increase in near surface reserve of 6.3 million tonnes at a grade of 1.0 g/t palladium (197,000 ounces of contained palladium). An increase of 101%.
Increase in near surface resource of 9.8 million tonnes at a grade of 1.28 g/t palladium (274,000 ounces of contained palladium). An increase of 23%.
"The positive change in our global mineral reserve and resource estimate for Lac des Iles reflects both our recent exploration successes and the current, favourable longer-term outlook on palladium prices, which enhances our ability to pursue expansion opportunities at our mining operations," said Phil du Toit, President and Chief Executive Officer.
Update to Mineral Reserves and Mineral Resources for the Lac des Iles Mine Property
The Company has completed an update to its LDI mineral reserves and resources. The effective dates for the new reserve estimate and resource estimate, shown in Table 1, are January 1, 2015 and February 2, 2015, respectively. The new estimates exclude material mined up until December 31, 2014. The resource estimates provided in Table 1 were prepared by NAP Qualified Persons in accordance with National Instrument 43-101 ("NI 43-101"). The reserve estimates provided in Table 1 are derived from the Company's NI 43-101 technical report entitled "Technical Report for Lac des Iles Mine, Ontario Incorporating Prefeasibility Study for Life of Mine Plan " dated March 21, 2014 (the "2014 Technical Report"), and have been updated to include depletion and conversion of RGO stockpile resources to reserves.
Mineral Resources
The updated mineral resource estimate presented in Table 1 represents a significant change to the previously published (see 2014 Technical Report) mineral resource estimate for the Property. The known mineralized zones on the Property are shown in Figure 1. The main differences between the current resource estimate (Table 1) and the previously published resource estimate are highlighted in Table 2. In summary, the major differences between these two mineral resource estimates include:
Increase to Offset Zone resources, including expanded Lower Offset Zone indicated resources;
Increase to Roby Zone pit expansion resource based on a revised pit expansion concept that incorporates current palladium prices and foreign exchange rates, as well as improved long-term consensus palladium price forecasts that support lowering the Pd cut-off grade to 0.6 g/t;
Initial resource estimates for both the recently delineated Powerline and Upper Offset southeast extension zones; and
Revision to the Sheriff Zone resource estimate based on the application of a lower Pd cut-off grade of 1.0 g/t, and the removal of the portion of the Powerline Zone resource that overlaps with the Sheriff Zone resource.
The net change to the LDI resource inventory in terms of contained palladium is an increase of 686,000 ounces, bringing the total measured and indicated resource at Lac des Iles to 71.5 million tonnes having an average grade of 1.98 g/t Pd and containing 4.54 million ounces of palladium. The components of this revised resource estimate are:
Near surface measured and indicated resources of 35.6 million tonnes having a Pd grade of 1.28 g/t (1.46 million ounces of contained Pd);
Underground Offset hangingwall zone measured and indicated resources of 7.6 million tonnes having a Pd grade of 4.36 g/t (1.07 million ounces of contained Pd); and
Underground Offset and Roby footwall zones measured and indicated resources of 28.3 million tonnes having a Pd grade of 2.21 g/t (2.01 million ounces of contained Pd).
Mineral Reserves
The updated mineral reserve estimate presented in Table 1 is divided into the following categories: near surface (low grade stockpile and Roby Zone open pit) and underground (Offset hangingwall and Roby hangingwall). The only differences between the current reserve estimate and the previously published reserve estimate (see 2014 Technical Report) are:
Depletion from mining activities in 2014 of Offset Zone reserves, RGO stockpile reserves and Roby hangingwall zone underground reserves; and
Conversion of all RGO stockpile resources to reserves based on successful processing of this material in 2014.
Underground proven and probable reserves are restricted to the Roby and Offset hangingwall zones and total 8.2 million tonnes having an average diluted Pd grade of 3.82 g/t (1.0 million ounces of contained Pd) after adjusting for depletion from mining activities in 2014.
Near surface proven and probable reserves total 12.2 million tonnes with an average grade of 1.0 g/t Pd (390,000 ounces of contained Pd) after allowing for mining depletion in 2014 and the conversion of the RGO stockpile resources to reserves.
Technical Information and Qualified Persons
The content of this news release has been reviewed and approved by Dave Peck , P.Geo., the Company's Vice-President, Exploration, an employee of NAP and a Qualified Person as defined in National Instrument 43-101.
Additional information can be found in NAP's Form 40-F/Annual Information Form on file with the US Securities and Exchange Commission and Canadian provincial securities regulatory authorities, available at www.sec.gov and www.sedar.com, respectively. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
About North American Palladium
Focus on this buddy.................and don't spread nonsense.
Looks like Palladium futures is up over 800.00 at 10:35 est. You will definitely get your confirmation.
PAL- This news will send PAL higher.
02/25/2015
Download this Press Release (PDF 309 KB)
TORONTO, ONTARIO--(Marketwired - Feb. 25, 2015) - North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL)(NYSE MKT:PAL) is pleased to provide an update on its mineral reserve and resource estimates for its Lac des Iles mine property (the "Property") in northwestern Ontario.
Highlights:
Total reserves of 20.4 million tonnes at a grade of 2.1 grams per tonne ("g/t") and total resources of 71.5 million tonnes at a grade of 2.0 g/t, representing a combined 5.9 million ounces of contained palladium.
Significant increase in underground measured and indicated resource of 3.9 million tonnes at a grade of 2.67 g/t palladium (413,000 ounces of contained palladium). An increase of 16%.
Increase in near surface reserve of 6.3 million tonnes at a grade of 1.0 g/t palladium (197,000 ounces of contained palladium). An increase of 101%.
Increase in near surface resource of 9.8 million tonnes at a grade of 1.28 g/t palladium (274,000 ounces of contained palladium). An increase of 23%.
"The positive change in our global mineral reserve and resource estimate for Lac des Iles reflects both our recent exploration successes and the current, favourable longer-term outlook on palladium prices, which enhances our ability to pursue expansion opportunities at our mining operations," said Phil du Toit, President and Chief Executive Officer.
Update to Mineral Reserves and Mineral Resources for the Lac des Iles Mine Property
The Company has completed an update to its LDI mineral reserves and resources. The effective dates for the new reserve estimate and resource estimate, shown in Table 1, are January 1, 2015 and February 2, 2015, respectively. The new estimates exclude material mined up until December 31, 2014. The resource estimates provided in Table 1 were prepared by NAP Qualified Persons in accordance with National Instrument 43-101 ("NI 43-101"). The reserve estimates provided in Table 1 are derived from the Company's NI 43-101 technical report entitled "Technical Report for Lac des Iles Mine, Ontario Incorporating Prefeasibility Study for Life of Mine Plan " dated March 21, 2014 (the "2014 Technical Report"), and have been updated to include depletion and conversion of RGO stockpile resources to reserves.
Mineral Resources
The updated mineral resource estimate presented in Table 1 represents a significant change to the previously published (see 2014 Technical Report) mineral resource estimate for the Property. The known mineralized zones on the Property are shown in Figure 1. The main differences between the current resource estimate (Table 1) and the previously published resource estimate are highlighted in Table 2. In summary, the major differences between these two mineral resource estimates include:
Increase to Offset Zone resources, including expanded Lower Offset Zone indicated resources;
Increase to Roby Zone pit expansion resource based on a revised pit expansion concept that incorporates current palladium prices and foreign exchange rates, as well as improved long-term consensus palladium price forecasts that support lowering the Pd cut-off grade to 0.6 g/t;
Initial resource estimates for both the recently delineated Powerline and Upper Offset southeast extension zones; and
Revision to the Sheriff Zone resource estimate based on the application of a lower Pd cut-off grade of 1.0 g/t, and the removal of the portion of the Powerline Zone resource that overlaps with the Sheriff Zone resource.
The net change to the LDI resource inventory in terms of contained palladium is an increase of 686,000 ounces, bringing the total measured and indicated resource at Lac des Iles to 71.5 million tonnes having an average grade of 1.98 g/t Pd and containing 4.54 million ounces of palladium. The components of this revised resource estimate are:
PAL
Not so fast:
The Cat deal was an early indication of PAL's improving finances.
PAL and REE- With REE I sold before I could have made over 100% profit. With PAL, I'm gonna hold on.
PAL- joined you at 100,000 shares. If PAL runs like THM did last year and REE has this year, then weeeeeeeeeeeeeeeeeeeeeee.
ETF trading is a form of "sport betting" that involves reading the charts and the tea leafs of world events. Plus, you don't have to physically go to the casino to cash in.
Oh, that is good news. Hopefully, the "knuckleheads" at those hedge funds know something we don't.
This is what you posted on 10/30/14, and now you're saying you held on and sold for a 10K profit? LOL
germanium123 Thursday, October 30, 2014 5:54:25 PM
Re: None Post # of 13984
It should make it to 0.0016 Tomorrow them down to .0001 by next Thursday.
These ETF's are better than the stinky pinkies! Volume never dries up so you can always get out.
MNGA- Is this DUke Energy?
TAMPA, Fla., Feb. 17, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, announced today that one of the five largest electric utilities in the U.S. has approved MagneGas2® fuel to replace acetylene at their power and repair facilities. The Company has elected to keep the name of the utility confidential due to concerns over competitive interference during the product roll-out period which will occur over the next several months.
Safety and productivity are of paramount importance to this utility, one of the largest electric holding companies in the United States. The utility tested MagneGas2® for over one year and found that the cut speed was faster than acetylene and the pre-heat time was shorter, which could lead to higher productivity. In addition, the utility specified the superior safety aspects of MagneGas2® and the significantly lower environmental impact of using a fuel produced from a renewable source.
"Acetylene is known to be one of the most dangerous industrial gases available on the market today and our testing has shown that MagneGas2 is faster, safer and cleaner than acetylene and to our knowledge, is the only renewable cutting fuel available. Apart from sales directly with this large utility a myriad of subcontractors are now authorized to use MagneGas2® whilst at the utility thereby multiplying the opportunity for MagneGas," stated Ermanno Santilli, CEO MagneGas Corporation. "This is expected to become the most significant retail customer for MagneGas. This utility is among the most respected and recognized in the US and we are very pleased to be working with a company as concerned about safety, productivity and the environment as we are."
PAL- Well, if CAT did take a peek at the earnings report and decided to provide financing, the report cant be that bad.
quote]To further back up this assertion, PAL has recently been negotiating the acquisition of equipment from Caterpillar (NYSE:CAT) using Caterpillar Finance at attractive rates. Caterpillar would not likely be willing to do this unless it viewed PAL as a reasonably stable concern. It seems a virtual certainty that Caterpillar has gotten a good look at PAL's books. PAL stated in its Q3 2014 earnings report, "a major recent agreement at very attractive rates was agreed to in the third quarter with Caterpillar Finance." This sounded like at least some purchases would be made soon without PAL having to go to find extra monies from anywhere but Caterpillar Finance. This is one more encouraging sign that PAL has finally turned the corner.
[/quote]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109908128
CEO declares "the devil made me do it"
That's what Flip Wilson as that naughty Geraldine Jones used to say.
Me thinks you are right.
I got a royal "screwing" on this one.
Live and learn.
New deal for Jordan. $75,000 and 7 mill in shares.
PAL- Very nice report. That's why the upward movement in share price.
Quote:
North American Palladium Provides Update on 2014 Exploration Program
at Lac des Iles
Toronto, Ontario, February 10, 2015 – North American Palladium Ltd. (“NAP” or the “Company”) (TSX: PDL) (NYSE MKT: PAL) is
pleased to announce fourth quarter drilling results from its 2014 Lac des Iles exploration program. Multiple intersections of palladium
mineralization over significant core lengths are reported from both the Lower Offset Zone and the outcropping Powerline Zone.
http://www.napalladium.com/investors/SEC-Fillings/default.aspx
PAL- Very nice report. That's why the upward movement in share price.
Any military action like bombing ISIS should cause oil and gold to move up.
Boots on the ground, I'm not ready for that. US combat troops trying to find and "degrade" ISIS would destabilize and already shaky region.
What was really accomplished in Iraq?
Obama asks Congress to authorize U.S. war on Islamic State
WASHINGTON (AP) — President Barack Obama asked the U.S. Congress on Wednesday to authorize military force to "degrade and defeat" Islamic State forces in the Middle East without sustained, large-scale U.S. ground combat operations, setting lawmakers on a path toward their first war powers vote in 13 years.
The initial reaction was bipartisan skepticism. Republicans expressed unhappiness that Obama chose to exclude any long-term commitment of ground forces, while some Democrats voiced dismay that he had opened the door to deployment at all.
In a letter accompanying draft legislation, Obama said approval of his request would "show the world we are united in our resolve to counter the threat" posed by fighters seeking establishment of an Islamic State.
LEI- Possible merger news...............
http://www.bizjournals.com/houston/news/2015/02/04/struggling-houston-energy-company-working-toward.html?ana=yahoo
LEI-voting on reverse split in March.
2.
To authorize the Board of Directors of the Company to effect a reverse stock split of our outstanding common stock in a ratio of between one-for-ten and one-for-fifty-five. The Board of Directors recommends that you authorize the Board of Directors of the Company, in their sole discretion, without further stockholder approval, to amend the Company’s Articles of Incorporation, at any time prior to the earlier of (a) the one year anniversary of the Annual Meeting; and (b) the date of our 2016 annual meeting of stockholders, to effect a reverse stock split of our outstanding common stock in a ratio of between one-for-ten and one-for-fifty-five.
Wonder what those results have to say? I'm betting its good stuff.
GSS- out of Golden Star at .33 with a 22% gain.
VGZ- still waiting for this one to take off
BAA- still in at 11% gain
PAL- makes me nervous
THM- holding a loss :(
What's the next bounce play in gold, in your opinion?