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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 fredviewon Apr 02, 2014 9:37am
277 Views
Post# 22399589

Long term bull

Long term bullI have posted in the past that I am long U and long UEX.  Uranium spot price has stayed a lot lower for a lot longer than most would have thought.  If you don't think that translates to the bottom line on the financials of all uranium stocks your in the wrong game.   Just being realistic.  If spot gaps up than PDN should have a good move as well.  If spot stays where it  Is for an extensive period of time that  could spell the end to PDN.  Would be a nice cataylist to the market, bad for individual investors who convinced themselves because the price used to be ten fold higher that it's a cheap stock.......may be a stock of little value and there is a difference. 
Bullboard Posts