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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 May 01, 2014 5:58pm
388 Views
Post# 22514981

PDN

PDNYes PDN has held in not bad. I hold U and it has been taken to the woodshed.  I see NYMEX spot dropped yet again, we are 15 cents from the 20's.  U can survive this price long term, NAV will drop as spot drops and rise when it does the opposite. I don't think PDN can do the same.  The clock is ticking.  The quarterly report on May 15 will shed more light on,how viable the company is going forward.  Expect some tough questions on the conference call as some must be pretty close to pulling the chute.  You may want to stay pretty conservative on this one. 
Bullboard Posts