Paladin Energy Ltd PALAF

My Thoughts.... At $100 + Oil....

[madbiker44]

There will be a huge demand for an alternative source of fuel to drive the global power grid. Of course, that statement is not news to anyone here. However, the realization of that to the common investor is becomming more of a reality each day and that is what will drive the U308 future price as well as the share price of quality producers such as PDN. I just increased my PDN holding at the $5.60 mark. I believe that move will prove to be a prudent one over the next few months. Looking forward to the spring of 2008, I see continued misery in the financial markets. Of course, it's a snowball effect that will affect all aspects of the economy. I expect the DOW will retreat dramatically in 2008. Although I think we'll see a moderate downturn in the global economy, I do not expect to see disaster as some preach. The fact is, the global economy is on fire and growing. The U.S. will be hurt the most by the ABCP fall out which is, by and large their responsibility or should I say a lack there of. Anyway, that is another story! Since I've posted last, I've sold my Kinross shares just over the $19.00 mark and opted for another value, up and coming gold play, IAMGOLD (IMG). I still own a sizable portion of EQN and expect to see $10 a share from the current $5.80+ range by early summer. That's not to say that there won't be wild price swings in the meantime, as will be the case with the overall market in 2008. All the best in the new year.....Mad