PPD pan palladium ltd

18 million, page-6

  1. 42 Posts.
    Ben, Thanks for the info on the off-mkt transfer.

    I'm in the same boat as you, one of my main criteria is resources to mkt cap, and this certainly fits the bill. First bought at 16c, then, 20c and more back down at 11c. The truck was already full when it dropped to 8c!

    Two big plusses I see with this stock is that resoucres are close to surface, very small CapEx needed to go into production compared with many junior explorers. (Still need a JV most likely, but that doesn't seem to be harming GCR)

    Secondly, with Platinums big run up, currently taking a breather, I see a substition back to Palladium for many catalytic converters, India, China are building cars and roads like crazy, and there ain't that much Pd to go round.

 
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