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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (49221)8/27/2012 11:53:39 AM
From: Sergio H  Read Replies (1) | Respond to of 78473
 
Palladium is a cheap alternative to Platinum and is mostly used in catalyctic converters. Expanded use now into diesel motors. Palladium does have other applications but it is basically a play on new auto and truck sales.

PAL is undergoing a buildup of their operation to meet expected increased demand and hit new lows in July when it issued convertible debt to finance their expansion. They are also forecasting an improvement in margin from improvements in their operations.

There are only two plays on Palladium; PAL and SWC. Palladium from Russia is a by product of Platinum mining. Palladium from South Africa is a by product of nickel mining. PAL's main product is Palladium mining and it operates in mining friendly Canada where it does not have to deal with political headwinds.

It plans on selling its gold mine which is a potential catalyst along with improved margins, expansion into diesel motors and increased car and truck production.

The co. website has some good info. This is one of their investor presentations:

napalladium.com