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Paladin Energy Ltd PALAF

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

Bullboard Posts
Post by madbiker44on Apr 26, 2009 4:19pm
745 Views
Post# 15945629

Business News Report.

Business News Report. I was listeninng to BNN's Market Call last Friday and the guest speaker was talking about Canaduan U308 companies. he specifically mentioned PDN as one of the better U308 companies to invest in. The show's host  interjected that according to the experts, PDN is fully valued at current prices and could likely see a price reversal in the near term. 

What are your though's on PDN and do you think it is fully valued at these prices? PDN has been on a roll over the past couple of weeks and unless you are a long term investor, it might be time to take some profit off the table and get back in at lower prices.

I look forward to reading your feedback.

Cheers

Mad
Bullboard Posts