OTCQX:PALAF - Post by User
Post by
Ranger56on Jan 14, 2014 11:51am
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Post# 22089235
Is it time..
Is it time..to quietly take a position and bottom fish?
Few items out that gives visibilty to a more positive view on Uranium.
It all starts with talk and speculation ahead of a sentiment shift. And if the price does start to tick up slowly, then watch the acceleration in sentiment.
See links to few articles:
https://finance.ninemsn.com.au/newscolumnists/greg/8783558/the-uranium-price-rebound-ahead
https://prosperitysaskatchewan.wordpress.com/2014/01/07/why-does-saudi-arabia-need-nuclear-power-uranium/
https://rt.com/news/russia-us-weapons-derived-uranium-733/
In addition to some indications that uranium price may begin to rise this year, what is really needed is further improvement in PDN lowering costs.
Normally I wait for the trend to reverse and buy higher, but this time I like the risk/reward of entering now, which I did, as I believe there will be a sharp move up after earnings release Feb/13 and perhaps a few anticipating ticks up coming into the quarter.
For this to work they need to show a good quarter with further operational improvement and cost reductions on next earnings release Feb/13. Combine this with shifting uranium price speculation and a sharp move is in the cards.
If you take a look at the last quarter results you will see a focus and results on cost reduction.
They better continue to deliver on this.
https://ir.paladinenergy.com.au/Investor-Centre/?page=Presentations---Webcasts