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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 Overnighton Nov 25, 2013 9:09pm
302 Views
Post# 21940518

Uranium

UraniumWhat must be understood is the simple fact that Paladin produces a needed consumable resource(unlike Gold) to produce electricity in a clean manner that cannot be forsaken. Think of China. Remember the 200 million prepaid to Paladin by the French. Investing is about the future and not the present. To understand this is to invest in a producer of a resource that is and will be needed by the world in the future. To run around in an illogical panic(as if ones hair was on fire) is quite comical if not pathetic. If Paladkn was to be bought out it would be sad to see it done on such an epic  discount given the practical nature of "creating" mines to satiate the need for clean electricity. This will not happen as the "smart money" invests in the future based on logic.
Bullboard Posts