[PDLCF] NORTH AMERN PALLADIUM LTD UNASSIGNED
To find Crazy foreign OTC symbols, use the link below:
otcbb.com
1. Select Option: All Other-OTC Issues;
2. In Search Criteria: Enter part of company name;
3. Select either Option: Starting With or Contains, and
4. I will not insult you by saying click Request.
Hit Enter <g>
In the case of North American Palladium Ltd., North American P failed. Did second search on palladium, and it returned the listing at the top of this message.
Usually when that search returns UNASSIGNED, rather than FOREIGN, I would take that response as a negative for a foreign symbol.
However, I knew they had one and trade on a Canadian exchange...
One technique (?) that sometimes works is entering a company name in the small Search window on one of the stockhouse.com sites(Canada, Hong Kong, Japan, UK, etc), (upper right corner); which in this case would have returned the above Symbol. However, a test of this site with several known Crazy symbols failed.
Bloomberg.com has an extensive symbol database and doing a Lookup Symbol search on this company would have returned the Crazy symbol.
If the OTC search had returned FOREIGN, rather than UNASSIGNED, you still might not be able to find a quote. In order for an OTC Crazy symbol to be active for a quote, the company has to hire a MM to activate and updates quotes for their Crazy5-letter symbol ending in F.
Not trying to preach or insult your intelligence, just sharing some information I learned the hard way.
Not that you might be interested, but it is amazing the number of foreign companies that have these symbols and are actually active.
I purchased PDLCF last spring. IMO a good entry point may have been missed. We are up about 40+% on that one, down more than 50% on the other ones we own. Other than PDLCF, we own several junior mining companies - obviously high risk. It may be too high now, but I would suggest you look at Stillwater Mining (SWC). They are the largest N.A. producer of Palladium (don't quote me on that one).
Here is a stock board on PDLCF:
siliconinvestor.com
subjectid=9271
and one for SWC:
Subject 15415
Happy Mining!
Merry
FYI: I refer to these symbols as Crazy because Only in America do we have these designations. |
