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

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Post by SurfForWealthon Mar 02, 2007 2:04pm

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Post# 12344276

I''m back in today!

This is an incredible selloff! What classic sheep mentality, run it way up too far and then run it way, way down, too far the other way. The good part about all this is you can do some very profitable trading. I last sold PDN at a short term peak of $8.30 and loaded that cash into SXR & FRG. Took some good profits in those along the way since. I have bought a lot of PDN, AXU & DML today. AXU is incredibly cheap today. All this just before PDAC, who would have thunk it? Brendan Kyne was on Robtv around 11:35am today and did a fine job of supporting his very bullish position on the U sector. One of his top picks was AXU, suggesting it was worth at least double the current price. Good luck, Cheers!!!

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