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 17, 2007 10:14am

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Post# 13262234

RE: so 15th was bad

Usually in these emergency rate cuts what you get is an initial rally which slowly sells off during the day (the dow will not close at its high today possibly even ending in the red). Dont get me wrong..the rate cut will help..but it takes time. Aussie land has its own problems right now and that is being reflected in PDN. I don't see PDN doing much today. Now if Australia can get its act together then maybe PDN will finally come out of the gutter.

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