PAL is a high-risk stock due to its very poor financial position. For example, recently, in order to secure a much needed loan to pay off existing debt and to fund a mine expansion, the company had to agree to pay a 15% interest rate. With a stock price near $1, PAL is probably not suitable as an investment for many investors. Its debt/equity ratio was .62 at the end of last quarter, but that doesn't include the new debt from the recent financing. SWC has a more solid balance sheet and is the safer investment. Its debt/equity ratio at the end of last quarter was .26, which is relatively low for a mining company