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Paladin Energy Ord Shs PALAF

Energy
Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership of the world-class long life Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its exploration projects include Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada. It has a 100% interest in the Manyingee Project. This project is a sandstone hosted uranium project consisting of 41 Mlb across two deposits. It wholly-owns a project comprised of three promising uranium exploration sites in Queensland.


OTCQX:PALAF - Post by User

Paladin Energy Ord Shs
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Comment by maccon Feb 10, 2007 2:02am
1065 Views
Post# 12203895

RE: correction

RE: correctionMay go down a couple of % but shouldn't for long.Here's why! -Cigar Lake:Total reserves and resources are approximately 350 million pounds U3O8.Planned annual production of 18 million lbs. U3O8.Production:Expected in late 2007.Word is after the flood it may take 1 or more years before mine is ready.Some say maybe never. PDN's 2.6 million lbs a year is very much needed for the futur.Aside from a few glitches from commissioning the mine is officially a producer.They have another good project in the works.A near term producer. -price of uranium is going up higher still. -Cameco Corp. market cap/U3O8lbs $cad $31.03 UrAsia Energy Ltd. market cap/U3O8lbs $cad $27.17 Paladin Resources Ltd market cap/U3O8lbs $cad $17.54 PDN still has much upside considering it will be taking the slack from Cameco and the price of U3O8 going higher https://www.u3o8.biz/s/Home.asp click:uranium stock-database
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