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PennyStockInvestor

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PennyStockInvestor

Re: doglover1 post# 7908

Thursday, 05/01/2014 7:52:40 AM

Thursday, May 01, 2014 7:52:40 AM

Post# of 11119
I don't see anything positive about investing in PAL. The short mine life span and the location of the mine is a huge disadvantage. Costs are much too high in Canada. Palladium prices could drastically increase but PAL would still see little change in net earnings. The costs to operate a mine in Canada would out pace any increase in palladium prices.
I prefer to invest in stocks that have mining projects located in South Korea or any other country where the costs are cheap.
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