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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Comment by madbiker44on May 03, 2007 4:31pm

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Post# 12721687

RE: PDN is a PRODUCER. Others are not!

Kidman, Don't be so sure about CCO's Cigar Lake. My background is mining and I know what monumental task they are facing which, I've talked about on this board before. I believe any U308 company with a resource and a good management team will do well in this atmosphere. PDN is seeing some volitility lately as a result of continued indecision within Queensland and Beattie's party since the vote. As well as the SMM takeover and subsequent dilution. It will take the market a while to digest all of this but, as ggrenier said,"$12 within a year". That, in my opinion is a reasonable target. Cheers...Mad

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