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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Post by SurfForWealthon May 16, 2007 8:56am

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Post# 12787965

My thoughts!

The stock is oversold & offers good value. Incredible how investors act like sheep tripping over each other to buy it and then tripping over each other to sell it down only to do it over & over again. Problem is too many investors can't do good FA & don't have good control over their emotions getting caught up in the moment of gloom or excitement. When it was rising, it was going to $12 and now that it is falling it is going to $7, what a bunch of crap! FWIW PDN is a trading stock for me. I have been in & out several times dating back to May 2006. I last sold 80% of what I had at $9.90 level and have been buying back aggressively lately. It is now a top 5 holding for us. Good luck, Cheers!!!

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