OTCQX:PALAF - Post by User
Comment by
madbiker44on Apr 12, 2007 6:48pm
491 Views
Post# 12597505
RE: Not sure about the correction
RE: Not sure about the correction I totally agree with Opportunus. U308 stocks are strong and will only grow stronger based on some strong fundamentals such as supply and demand. That in a nutshell will spur spot price increases in the yellow metal going forward.
All we are seeing over the past week is a little profit taking not only in U308 stocks but commodities across the board. This slight pullback presents a great opportunity to add to an already great U308 portfolio.
I am thinking tomorrows trading will be generally thin as is usually the case for a Friday with U308 stocks trading up slightly, setting the stage for Monday when another run to new highs will begin.
PDN share price will be especially sensitive to the Aussie de-regulation of U308 mining and SMM takeover bid. Negative news on any one of these two fronts will temporarly hurt the share price. However, on the flip side, positive news will push the share price higher.
Of course, this opinion is based on my view of things.
Cheers...Mad