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 davidyon Aug 06, 2007 11:57pm

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Post# 13207590

RE: asx news

I called it wrong on Bigrlyi way back, I figured Paladin would take over Energy Metals Limited before they had a run at Summit. How wrong I was! I still feel Energy Metals Limited is a logical fit for Paladin, mainly because of Bigrlyi (Northern Territory) but also because of its portfolio of highly prospective properties. Energy Metals Limited's last quarterly activities report is worth a look: https://www.energymetals.net/docs/EME%20June%202007%20Qtrly.pdf On page 5 they talk about a scoping study on Bigrlyi that will have "reportable results expected in late August". That seems premature to me, IMHO. They still have plenty more drill results to come in from the current 262 hole 51255 metre campaign! Decision on a BFS by Fall?

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