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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 uranicynicon Feb 20, 2014 5:12pm
331 Views
Post# 22232022

My personal PDN experience

My personal PDN experience
I considered buying today but decided if my .43 bid wasn't filled I would watch what happens in Sydney tonight for guidance. I have invested in PDN for years and I've paid prices from .41 to 3.50 per share. We could easily see .41 again or even .36 - .37 if Australia keeps shorting the shares. My advice is to be patient and split your purchases up so that you can get an average price. Lots of posters on here promising huge bounces from the play but I continue to play it because I have to. There are far better uranium companies in far better jurisdictions. Look at the Athabasca Basin companies. I won't mention any names because I don't want to be accused of pumping but one doubled it's share price yesterday. GLTA
Bullboard Posts