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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
Bullboard Posts
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Post by Harvey633on Mar 31, 2009 1:28pm
487 Views
Post# 15884877

big buyer today is "Anonymous"...

big buyer today is "Anonymous"...net volume of 349,000 so far today. I've always wondered who is buying that doesn't want to be identified. After a bit of research I learned that it's a large institutional investor who doesn't  want to play his hand by letting others know that he's accumulating a large quantity of shares - so he does it as discretely as possible in order not to move the market too quickly. Also, if the public knows who's buying they might jump in simply because they suspect the buyer is privy to knowledge the average investor doesn't have.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities