Greenland -Our Project "The Ice Queen" Full of Gold and Palladium . In an article from the Gold Forecast today What are the Odds - Parity???
What were the odds a couple of years ago that Gold and palladium would be at Parity.? If anyone were to have taken a bet you would have received tremendous odds .Currently the price differential between 1oz of Gold and 1 ounce of palladium has narrowed to under $100 . In fact in todays pricing Gold and Palladium only have a cost differential of approximately $45 . In January 2016 an ounce of Gold cost $1100 v an ounce of Palladium $447 . To say that the price differential of these two PMs has narrowed would be a VAST UNDERSTATEMENT.
Its now a matter of when and not if when Gold and Palladium will be at Parity.It also points to a VERY high probability that Palladium at some point in time in the future will be worth more than Gold ounce for ounce.Once this trend occurs it will become the new norm.
Palladium will be widely used in the Auto industry because of its ability to absorb up to 900 times its own volume in Hydrogen.
Currently one source sites the fact that Russia and South Africa supply 40% of the world Palladium. But other reports suggest that the two Countries collectively produce about 75%of the worlds mine supplies..
With the current conflict with Ukraine and Russia and the fact that Russia accounts for such a large % of the worlds Palladium we could certainly see Palladium CONTINUE to RISE and inevitably be valued higher than Gold.
Hey I think our management are going to GIVE AWAY for PEANUTS this WORLD CLASS PROJECT GOLD AND PALLADIUM DO NOT GROW ON TREES surely we do it ourselves via a JV !!!!!
CHANCES like this are a once in a lifetime opportunities WHY GIVE IT TO SOMEONE ELSE or if we have to SELL IT MAKE DAMN SURE WE GET VALUE FOR THE PROJECT because of its Gold -Palladium content.
Looks like we are the poor relative for our Sc and are being left out in the cold and it looks now a long way away before we see and change WHY can we not get this organised as a JV and turn PGM into a Company we all can be proud of.
Current SP of 0.06 ?????????? Could we be a Company with a MULTI MILLION market Cap WE HAVE THE GOODS -
PALLADIUM AND GOLD!!!!!!!!!!!
Lets do it _ GLTAH
moureeses
PGM Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
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