Stupid article and I'll tell u why. 2012 was a very productive year for PAL. Then the very smart and business savvy owners of this publicly traded company questioned if it would be wise to expand the operation or keep the status quo. Professionals crunched the numbers and they decided to proceed. So this article suggests that they might risk going from a mine with great positive cash flow to bankrupt in the span of a couple of years. Now my ex wife might do that, but one of the very rare productive palladium mines in North America? That would be insanity. So your choice is to decide if they invested wisely or are the dumbest people on the planet. I'll bet on the former thank you very much. GLTA.
That article is way to foresighted to be believed. Are all things possible? Claiming PAL will BK in the short term is irresponsible writing in my opinion.
The company just got a huge dose of cash! So there will be no BK today. PAL did not BK when the mine went near idle sometime back. So why would the writer, now say BK? I would tend to see a merger or a buy out long before a declaration of BK.
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