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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
Comment by notBuffeton Apr 24, 2014 11:26pm
289 Views
Post# 22489363

RE:Rob Chang: Uranium price spike in the second half of 2014

RE:Rob Chang: Uranium price spike in the second half of 2014@ hockeyguy; get a better source

Jan31/13 Chang quotes:  
"If anything, we see the $40 spot price as the marginal cost point and effective bottom. I fully expect to see a gradual increase, with perhaps some intermittent, news-related jumps"
"
We believe that 2013 is a catalyst year for the uranium market. This is the turning point"

(
https://www.theenergyreport.com/pub/na/rob-chang-is-2013-a-catalyst-year-for-the-uranium-market)

     Hey, no one's perfect. But standing looking to the sun-soaked sky in the middle of the desert and claiming snow is going to arrived is ridiculous. However Robert Chang might say that with the movement of the techtonic plates, changes in the axis of the earth and possible meteorites, "it will snow here!" Come on folks, some level of "timing the market" is required here!

Bullboard Posts