OTCQX:PALAF - Post by User
Post by
fredviewon Aug 30, 2013 1:47pm
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Post# 21709981
Paladin
PaladinIt makes you wonder how many Paladins are out there, sinking fast with a very short window of opportunity to get things turned around. At some point unanticipated supply disruptions will have to start to shake this market up. Almost every day the future contracts are lower, we could see 30 at some point.
Marginal players will have no choice but to pull production down, future mines will face even greater scrutiny when it comes to financing. Little doubt terms will be more dear, financiers will want to be compensated for the risk of betting on uraniumn. either way the net result will be overall higher mine development costs. I have no doubt that uranium will have its day, it is just a case of when and who is left standing. If Paladin survives I expect to see it go through a huge shakeup, brutal share consolidation before it turns the corner. I don't have a position in this either way. Just my thoughts.