What new would that be?

They havent put a news release out in almost 2 months. For the last three years they wait until March and release that years prediction of what they think will happen. Then the SP just about double and then by years end it hits a new low for that year. So far the only thing that has come true is the Substation. It looks like they still have over 2 million in the bank from there 3rd quarter financials for 2007.

http://www.palladonventures.com/i/pdf/2007Q3.pdf

http://www.palladonventures.com/i/pdf/2007Q3-MDA.pdf

 My only problem is how much has their silent partner Luxor put into the mine site. So far Palladon has put in over 7.7 million and it looks like Luxor has put nothing into the site but still expects to own 50% and make 9.9% on the 9 million that Palladon still owes Luxor. I put all the blame on Luxor for not having this mine into production by now.