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Paladin Energy Ltd 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 fredviewon Jun 05, 2014 9:42pm
500 Views
Post# 22635824

Katusa

KatusaKatsura is a long term bull as am I.  Disappointing to see reports that the turn will be another two years plus out.  I think we will see capitulation.  A flurry of mines being shut down or miners going bankrupt.  We need supply to take repeated, unexpected hits.  Good luck with your PDN play,  I am not sure they will make it.  I picked uranium participation which will survive however will take a beating as spot drops and UEX as a spec which very well may end up going under.  Cameo is going to be an excellent buy at some point and will make someone a lot of money.  Sometimes preserving capital is a wise decision, fight another day. 
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