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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 May 06, 2007 9:53am
478 Views
Post# 12733207

RE: WOW!! Now this will really mix things up.

RE: WOW!! Now this will really mix things up. I question why anybody would sell PDN with all the great news that is in the pipe over the next year or two. Unless the fundamentals change, PDN is a great growth company with huge potential and the spot price just sweetens the whole mix. Keep in mind that long term investors fare much better over time that those who flip in and out of a good growth company such as PDN. As jims101 pointed out, you end up missing runs in the share price that bring your profit margin down compared to staying put. In the end you have to be comfortable and able to sleep with the investments you have. By the way, I do enjoy the perspectives and the links that people post on this board. A big thank you to all....Cheers, Mad
Bullboard Posts