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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 BlindBat_1on Apr 11, 2013 10:24pm
386 Views
Post# 21244860

Jason Mayer, Portfolio Manager, Sprott Asset Manag

Jason Mayer, Portfolio Manager, Sprott Asset Manag

Top Pick on BNN.

Paladin Energy (PDN TSX) Last Purchase: April 10th at $0.99
I continue to believe that uranium fundamentals are attractive. This is one of the few pure-play uranium producers. Mining operations are finally beginning to deliver as promised after extended periods of underperforming.

Bullboard Posts