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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 27, 2007 9:26am
417 Views
Post# 12685038

RE: see you all in the fall....adogsbody.

RE: see you all in the fall....adogsbody. I agree, Those who sell in May will pay more another day. We are in a secular bull market here folks. Look at the indices, breaking new ground. If someone could honestly tell me where it ends I would sell all of my holdings, as one poster claimed to have done recently. However, Since I belive that this commodities bull will run straight through this summer, I have elected to hold throughout. That's not to say the micro caps won't take the usual seasonal 30% dip because I think they will but, I am very bullish on the commodities generally and more specifically, super bullish on U308 companies as well as the physical metal spot price. PDN will no doubt experience turbulance in the near future based on fear and doubt but as always, I am looking two years ahead when PDN will be the worlds second largest producer of U308. What do you think the share price will be then? There is something else that I don't read a lot about and that is the ability and competency of PDN management team to carry their projects through to completion. This team is probably the best out there as far as experience and movitation is concerned. Short term volatility? Yes! Long term reward? Absolutely!!! Relax and have a fun weekend...Mad
Bullboard Posts