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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 SurfForWealthon May 29, 2007 7:15am
567 Views
Post# 12855095

RE: Bad news for Paladin

RE: Bad news for PaladinMadbiker, I enjoy reading your messages. An investor who can maintain his composure & use good logic and sensible reason is a welcome read on stockhouse. I agree this is a trivial concern that will be dealt with & I doubt this should cause any delay. The media always tries to spin everything to be a bigger deal than it is. Pretty much all the 35 or so stocks I hold are connected somehow to the resource sector. I do have about 10 Mutual Funds to help with my diversification in styles and sector weightings. I sold my FNX too early, around $25.50 but I first got in around $5 and traded it a few times, great company but not cheap. As for BWR, it is one of our largest holdings now. I bought a pile of it around $1.85. It is a very cheap stock with impressive production growth profile & great balance sheet. It should perform well. Cheers!!!
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