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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 Apr 14, 2007 7:24am
447 Views
Post# 12607318

RE: What''''s in stall tomorrow?..JohnEStromJr

RE: What''''s in stall tomorrow?..JohnEStromJr Good Morning John, Base on you previous experiences I understand your concern. However, thats a part of the risk of investing in a developing company. I guess the bottom line is, Do we really know what goes on in closed door board room meetings? Of course we don't or ever will so, we have to base our investment decisions on known current and potential future value of that company and quality of the management team, which in my opinion is the main driver of picking a company to invest in to begin with. I may be much less concerned than you based on my thoughts of PDN's management team and the fact that I bought PDN at much lower prices. I do appriciate your thoughts on what you feel may be taking place here but, I am quite comfortable holding on until I see something more obvious than a hunch to the negative. Have a good weekend John...Mad
Bullboard Posts