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Paladin Energy Ord Shs PALAF

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

Bullboard Posts
Comment by dodger119on Dec 17, 2010 10:51am
368 Views
Post# 17861788

RE: RE: More dilution ....great !

RE: RE: More dilution ....great !Kudos to Frontier for dumping those low grade deposits in an inhospitable location to Paladin. Guess that's why they are up 4% today. Does resemble Dennison and their low grade U.S. deposits they can't mine unless uranium is over $70 lb. Much better deeposits available in the Athabasca. Time to take my lumps on this dog. Apologies to dogs. GLTA
Bullboard Posts