Paladin Energy Ltd 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 Ltd

Bullboard Posts

Post by Diamondsaceon Sep 13, 2006 9:57am

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Post# 11355522

Perfect "Cup & Handle chart "

Energy stocks have corrected across the board for the past several days,the last two days seen drops of 10 percent + for most of the uranium stocks.A perfect time to buy in(IMHO) and I did just that with PDN.For those that use charts I see a perfect Cup & Handle chart which has been forming since March.If the charts prove correct we should see new highs for this stock over the next few months.My only concern with this badboy is the amount of shares outstanding.Based on my dd I put a $6.00 tag on this gem.

Bullboard Posts

Options trading in a volatile macro environment