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Northstar Gold Signs MOU with Hunan Nonferrous Ltd. to Develop Gold Resource (click to learn more)
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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 madbiker44on Jul 09, 2007 12:25pm
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Post# 13057914

RE: My thoughts..thenovice.

RE: My thoughts..thenovice. Novice, I have lessened my holding of PDN shares ie: sold some. However, I also kept some in a retirement account.Like you I bought at much lower prices. Just taken some of the table to invest in the gold sector. As for mining. It is my forte, that is what I do. I not only consider the,"Lot of digging" part but know how long it takes to bring a mine into production. Including, water issues, powerlines & projected power consumption, access ways and other often missed costs that a Novice would not be aware of. On the contary. Gold in it's natural state is dull like egg yoke. It only becomes shiny when you mix it with other metals. That being said, gold is nice when you see it against the backdrop of the ore bearing rock. It looks similar to the veins in your forehead when you read Solvina's posts. Cheers...Mad
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