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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
Comment by madbiker44on Mar 31, 2007 5:46pm
296 Views
Post# 12525636

RE: notable hurdles..Swinger

RE: notable hurdles..Swinger I hear ya! PDN is no different that any other mining company. There are growing pains and curves along the way, not only when the mine is at the openng stages but, all the way through as is evident with CCO's Cigar Lake. Maybe the author of that article was refering to the issues that PDN had at Langer Heinrich which is why he said PDN had some, "notable hurdles". Whatever the reason, the bottom line is that PDN has grown tremendously over the last few months and I believe it will emerge as one of the top U308 stocks to own going forward in 2007 and beyond as management has a very aggressive approach to growth and future prospects. Many milestones to watch for such as, SMM take over to be accepted and completed, the biggy which is deregulation of U308 mining in Aussy, the mining permits and construction in Malawi plus the other assets that will come on stream later in the decade and beyond. Short term issues and problems are a mere bumps in the road and a small price to pay for owning a quality U308 asset that will appriciate wonderfully in the years to come and....that is my final word on this topic... Have a great weekend...Mad
Bullboard Posts