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Paladin Energy Ltd PALAF

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

Bullboard Posts
Comment by lenticularon Nov 15, 2007 5:23pm
562 Views
Post# 13815939

RE: Take this for what it is..slovenia

RE: Take this for what it is..sloveniaI know you are a believer that uranium has good days on Fridays..but the overal market sentiment is turning very negative right now and I think it will be hard for anything to move up in that environment. UUU may hold its own (way oversold)..but I am not so sure with the other U stocks. It seems like the market wants to retest the August lows..if fact I am betting on it.
Bullboard Posts