Paladin Energy Ltd PALAF

Metals & Mining Industrial Metals & Minerals

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.

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Paladin Energy Ltd

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Post by PUNJABIon Apr 18, 2013 7:42am

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Post# 21269158

52 week low in Aus

Today they really beat up the stock in Aus creating a new low down 9 % on big volume. While the futures are up in Europe & N. America but Aus take down is going to have an impact on Canada price of PDN & we should see a new all time low in Canada too.

Anyone selling at these prices is selling at a loss.

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