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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
Post by horndog69on Feb 25, 2014 9:42pm
276 Views
Post# 22250964

.575 and moving up

.575 and moving upwith volume:

here's why:

This from the ABC, presumably explaining why uranium miner Paladin Energy has popped 19 per cent this morning:

The Japanese government has announced its intention to restart the country's 48 nuclear reactors, after two years of inactivity.

Japan has released its first draft energy policy since the Fukushima meltdown three years ago.

It states nuclear power will be a core source of electricity.

The policy expected to be approved by Cabinet next month, says nuclear reactors that meet new safety standards should be restarted.

The draft Energy Plan says a mix of nuclear, renewables and fossil fuels will best serve Japan's future energy needs.




Bullboard Posts