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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Comment by philipmtran051on Jul 19, 2011 1:03am

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Post# 18845422

RE: Uranium fuelling a comeback

i am a fan of PDN. I just sold my position last week when i need to cover my margin.
Now the price is a lot lower than I had sold. It is very interested to get back in again once the bottom is developed.
The current sentiment is very negative. UUU and CCO are recovering the last few trading but not UEX, LAM or PDN for some reasons. I think PDN is also a uranium producer as well as UUU why the market treated them so difference.

I will start to nimble back in a little by little to build my portfolio at this current price. Or within the next couple of days, the future will tell or just shorting UUU as the overall market turn sour.
Good luck.

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