North American Palladium Ltd. (fka PALDF)

[Leirum]

My guess is, that PAL will surprise some analystis.

The production costs are down at roughly $ 450.-- and the re-selling Price is on average above $ 750.-- ( they could actually sell 2 years prodution Forward to guarantee a Profit - spread of $ 300.-- per ounce.

Due to the financing PAL is cash-rich and not to be forgotten, the better the resulats the lower the financing costs. This per Agreement with the Party who financed the CV.

A RS would not help as of importance is the liquidity of the stock - with a RS the liquidity would be gone. If and when PAL can Show 2 quarters I am sure Commodity Trackers would pick up the stock and for this you Need liquidity and this is what they have.

Other companies on AMEX/NYSE or NASDAQ have Options - PAL does not Need his, as the stockprice actually could be considered a perpetual call on Palladium and on NAP.