09:29 AM EDT, 03/18/2025 (MT Newswires) -- Palisades Goldcorp ( PLGDF ) , an investment company in the resource sector, on Tuesday said it will invest a portion of its excess cash in gold, silver, and platinum bullion.

Palisades made an initial purchase of about $500,000 on Feb. 28, comprising 30% gold, 35% silver, and 35% platinum. The company added that it may decide to increase or decrease these holdings based on market pricing and liquidity needs.

"Holding physical gold, silver, and platinum ensures we have direct ownership of assets with intrinsic value, free from counterparty risk or digital vulnerabilities," said Palisades Chief Executive Collin Kettell.