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 lenticularon Aug 08, 2007 10:51am

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Post# 13214685

RE: be careful; watch the volume?

Lots of folks on the sidelines just waiting to get back into this stock. A steady increase in volume will occur as many jump aboard the technical bounce. Would not be surprised to see PDN jump 15-20 percent in the next week or so. I just covered my SXR short this morning to take advantage of the technical bounce. Still think the road will be rough at times in the near future with the uranium stocks but risk/reward favours being on the long side now.

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