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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Post by stocktaon Feb 10, 2009 8:59am

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Post# 15766104

UUU gets buy in partner for 2.30 /share

Now the race is on for whom is to become the next Cameco. Will PDN challenge UUU or will PDN get swallowed up? My guess is PDN is going to take a run at more companies and maybe try to run at STM or URE. PDN and UUU are going to drive U prices for the next year. Big gains coming for both of these companies. The Japanese know becuase if they are buying in at 2.30, they won't leave town for less than a 5 bagger.

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