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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 golferguyon Oct 24, 2006 12:40pm
556 Views
Post# 11548178

Why the Incredible Volume?...

Why the Incredible Volume?... ...I realize that CCO's 'bad' news for Cameco investors is 'good' news for all other U players, amazin how the Market works- one investors pain is another's gain. But, WHY all the volume today, now 0ver 24mil, and blowing away all other companies in the 'Most Active' category? ...most , if not all other U stocks are up, but in terms of vol, not even close-sxr is the closest? ...I ask this cause pdn has such a high Market Cap with so many shares outstanding that one would think there is only so much gain,....would it be better to be crossing over now from PDN to say a lower maket cap provider? ...I couldnt believe the vol by 945....was like a runaway train....and all based on Cameco's pain? hmmmm ...have a good ONE! ...g-g
Bullboard Posts