Paladin Energy Ltd PALAF

RE: My Thoughts.... At $100 + Oil....Novice

[madbiker44]

Thanks, I'll take your comment as a compliment. The fact is, in the spring of 07 analysts were saying that the sudden run up in the price of U308 was a bubble that wouldn't be sustained. As soon as the buyers had their orders filled the demand would drop off, as the buyers only need purchase once or twice a year. Being in the gold mining business for many years and listening to the industry buzz it was clear that gold was about to begin another leg up. That being said, I still think we'll see $1000 gold by the end of 08. My prediction for 08 is #1 golds, #2 U308's #3 base metal's, especially Copper. I realize that picking a base metal stock flies in the face of what many analysts are preching, due to the U.S. housing slow down but, I still believe that the global demand for Copper will continue to surprise. Lets not forget that copper supply side is slowing to the tune of nearly 300,000 metric tonnes annually. Financials are taboo and will remain so for at least another year! I'll be looking at the financials a little more seriously at the beginning of the 3rd quarter 08. Just my view of course.. Cheers...Mad