A ... I think PAL should be a long-term hold, keep a small position and never sell it ... that's actually my view on $PALL in general.
...as for DY.TO, I don't hold any-- that said, it has underperformed against stocks like Inco and I think you're in for some short-term pain ... that said, the loony is overbought, the XGD.TO is overbought but the TSX broad index isn't, neither the XEG.TO
...so as you can probably imagine, I have mixed feelings on the whole subject of commodities.
In the meantime check out IUC.TO, looks good here this morning.