Canadian Palladium Resources Inc. (BULL.V)

Stock at $0.175 is testing recent highs, maybe we will get a break out. It is well deserved

Alex, I agree, been in this stock a while and despite good drill results and high palladium prices, it just can't get any traction

Gambler, my guess is the overall weakness in the gold stocks and juniors. Gold broke down this morning. I think we are headed to that manipulated year end weakness as Struthers pointed out

They keep on expanding this project, it is amazing the stock is not hitting new highs

Canadian Palladium Resources Inc. has provided additional analytical results for diamond drill holes EB-20-32, 33 and EB-20-35 to EB-20-38 on the East Bull palladium property, 90 kilometres west of Sudbury, Ont.:

The new results include a 12.0 metres section of 2.97 grams per tonne palladium equivalent (PdEq) (hole EB-20-37).

The same hole includes a 5.0 m section of 5.59 g/t PdEq.

This interval also includes 1.0 m of 9.57 g/t PdEq, one of the highest-grade results intersected to date at the East Bull project.

Wayne Tisdale, Canadian Palladium's chief executive officer, commented: "The new results confirm our interpretations that there are multiple high-grade sections within the Valhalla zone. The new high-grade mineralization is open to the west and we will be providing additional drill results on this target shortly. Our program continues to expand this near-surface palladium mineralization and the whole project benefits from our proximity to the Sudbury mining camp."

Didn't buy all those shares lol, but maybe got lucky buying early this morning

DJ is that you buying pushing it up? Nice move today. Depth looks good

Surprised it is so cheap, but does look like correction is over.

Palladium chart looks real nice, just came back from new highs

Seems like we have a great base form around 14-16 cents.
Volume has slip in the last 2 weeks.

Nest wave up, nice pop to 20 cents pre-covid SS

Lots of $$ for drilling

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2020) - Canadian Palladium Resources Inc. (CSE: BULL) (FSE: DCR1) (formerly 21C Metals Inc.) ("Canadian Palladium" or the "Company") is pleased to announce that it has closed its previously announced private placement, with Eight Capital acting as agent for the Company, raising aggregate gross proceeds of $3,391,170 through a combination of units (the "Units") and flow-through common shares (the "FT Shares") of the Company. The Company issued a total of 13,878,000 FT Shares at a price of $0.135 per FT Share and a total 12,647,000 Units at a price of $0.12 per Unit, which included the exercise by Eight Capital of an over-allotment option for the issuance of an additional 4,313,600 Units at a price of $0.12 per Unit.

Each Unit consists of one non-flow-through common share of the Company (a "Share") and one non-flow-through common share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Share at a price of $0.18 for a period of 36 months following the closing date.

The Company intends to use the net proceeds of the Offering to advance the exploration program on the Company's East Bull palladium property, and for working capital and general corporate purposes.

The gross proceeds from the sale of the FT Shares will be used for expenditures which qualify as "Canadian exploration expenses" ("CEE") and "flow-through mining expenditures" both within the meaning of the Income Tax Act (Canada). The Company will renounce such CEE with an effective date of no later than December 31, 2020.

As consideration for its services, the Company paid Eight Capital a cash commission of $148,604 and an advisory fee of $22,400 and issued to Eight Capital an aggregate of 1,118,250 compensation warrants and 185,500 advisory warrants. Each compensation warrant and each advisory warrant shall entitle the holder thereof to acquire one Unit at a price of $0.12 for a period of 24 months from the closing date.

Came across this great article on palladium and BULL from last week

Bloomberg Shocker:
 Palladium suddenly rises to become the world’s most valuable precious metal

markettactic.com/palladium-suddenly-rise..._medium=Em&utm_term=

I though there would be more upward pressure today, sell on the news?? Bids and offers look fairly even

RonS, just put out an update and said

"I have no doubt that BULL will prove up a significant palladium resource here and remember it is within trucking distance to the Sudbury mining complex. The mineralization is near surface which means cheap and easy extraction. The higher grade intersects were a pleasant surprise and for the company as well according to comments from Garry Clark P.Geo, "