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 daniel52on Jan 21, 2008 11:37pm

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Post# 14239790

RE: When to buy?

Your price target is likely especially if there are many people still on margin. I would say that anyone still on margin after what has gone on over the past few months deserve all the pain that is about to be felt. By the way, the Indian market opened for two minutes, dropped 1,700 points, and promply closed. The DOW futures are down 500+ points. Also, the charts point to the momentum of the drop as being staggering so this market is very likely to way over shoot to the downside!! I will nibble for sure tomorrow, expect a bounce later this week and a retest prbably next week. In any case this is a place to begin averaging in. Oh, Hong Kong markets down 9% with banks and financials just being crushed.

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