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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 vlieton Jul 27, 2010 2:09pm
664 Views
Post# 17300626

I feel the Uranium love starting to build

I feel the Uranium love starting to buildI'm in as of this morning at $3.58.  Can't go wrong with PDN over the next 4 years with the uranium fundamentals!!  I was surprised it took this long for the market to pay attention.  PDN is the cream of the crop for cash flow and production growth in the next 4 years.  I wish they had call options for beyond Jan 2011.  CCO does and it's tempting but they don't offer the growth rate that PDN does.  That said if Uranium price does what I think it might then U calls or CCO calls could be very profitable.
Bullboard Posts