OTCQX:PALAF - Post by User
Post by
cosmicman46on Dec 07, 2010 8:12pm
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Post# 17815570
I still don't get it
I still don't get itbut I don't care.PDN is trading at 5.16 in aus. Maybe they just lead toronto up the next day. As far as Uranium predictions on stocks or U itself, the fact is that unlike the U.S. where it can take 15 years to build a plant. Places like China or India can build them in 2 years! India just announced a couple of days ago that they were building 2 new plants.If you add up all the new construction and realize that there are only 10 producing mines in the world, the conclusion becomes obvious.Uranium goes MUCH higher.BNN had a guest on today who said that the spot price is just a guess.He said that most deals done today are at around $70 dollars and that some arn't even reported.Good market or bad doesn't matter, just sit back and unjoy the next couple of years with a producer like CCJ or PDN or uranium itself U on toronto.