North American Palladium Ltd. (fka PALDF)

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geo.....the reason PAL has POPPED is because they are letting it breath

they sold the GOLD mine with money to spare to pay bills
they put shelf prospectus- trunch2 on hold for now letting it breath because they dont need to use it

Objectives in 2014 to increase production and reduce costs
1....Several new high-grade Pd intersections in the Offset Zone extension targets
2....they are now going into phase 2
3....they are on track to complete all of their principal exploration objectives for 2014.
4....Delineate new resources at the shallowest known level of the deposit in an area known as the upper Offset southeast extension
5....Further testing of the Camp Lake fault will be added to the objectives of the fourth quarter 2014 program
6....Additional high-grade intersections from the Upper-North Offset Zone
7....A revised estimate of the Upper-North Offset Zone
resources will be included in the Company’s next resource and reserve update that is expected to be released before the end of the first quarter of 2015.
8....The fourth quarter exploration program will involve three underground drills and three surface drills. Drilling will likely extend until late November at surface and mid-December at underground.

management has stated

The 2014 exploration program remains on track to support a planned PEA study for a potential Phase 2 Offset mine expansion.

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