Paladin Energy Ltd PALAF

RE: PDN looking strong, UUU is done

[gatman]

Yes, you are right...Uranium stocks have bottomed or very close to it. Did you notice Denison's action today? Very constructive. My take on the situation is This winter's weather crisis in China has given renewed impetus to that country's plans for nuclear power plants. I would expect them to step up their constuction program. You have seen how Coal has benefited mightily in the last week or two from these weather events, and soon, too, will Uranium. There just isn't enough of the stuff to go around in this uncertain world. Production of Uranium will probably fail to meet projections, due to various factors. Hence, a coming shortfall, and higher prices. (BTW, I also like senior natural gas stocks in North America, as the "surplus" there is being quickly dispatched by this colder than expected winter and higher prices for NATTY are ahead.) Yes, for the conservative, I would stick to Denison, Paladin and UEX. With these companies, one has a good diversification between production and outstanding reserves. (I also would avoid UUU. Funny how things can go off the rails so suddenly.) Good Luck~