As the most outspoken palladium bull on the internet, honestly I am Pissed Off By PAL's Recent Acquisitions of gold mines!

What is this? North American Palladium buying a gold mine? Are they going to rename themselves?

Obviously they are in a good position for acquisition. They have no debt, they have plenty of cash.

I am all for acquisition. But the one thing that I wanted them to acquire is NOT gold or gold mine, but rather physical palladium.

I urged them to acquire physical palladium when the price was $200-ish and when the price dropped to $176 per ounce.

I urges them repeatedly, both privately and publicly. I told them the world's richest and LOWEST cost palladium mine, at an ore grade of 32151 troy ounces pe metric ton, and lowest production and labor cost you can think about, is located in Switzerland. It's called Swiss Banks. I told them that's how they should mine their palladium. They never listened.

For now, I will have to over-weight on SWC and leave only a small weight on PAL. PAL has huge huge growth potential due to possible gigantic underground reserve. But they failed to recognize it. Until the management can fully appreciate their palladium potential, the management is hurting shareholder value of this great company.

Buy more SWC for now. See the fantastic rally of SWC today? They show they can deliver!