OTCQX:PALAF - Post by User
Comment by
shiftmanon Apr 16, 2014 10:14am
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Post# 22457741
RE:Help!
RE:Help!Paladin problem is debt. They have huge debt problem. They have sold assets to keep operating. As long as the spot prices are depressed they can't pay off the debt. If Japan starts some reactors it will be a positive sign. However japan has a stock pile of uranium so will it help that much it will remain to be seen. Paladin will remain depressed until 2016 when the spot prices raise as stock piles come down. But will their debt increase in the mean time I believe it might. The thing I am watching for is a reverse split as they have too many shares outstanding. This action would ruin many small investors. I read somewhere that Paladin could show a profit in 2016 as U prices come back. I don't know how this can be predicted accurately. My view of things.