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Paladin Energy Ltd PALAF

Energy
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

Paladin Energy Ltd
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Post by fredviewon May 06, 2014 4:19pm
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Post# 22530827

Might as well wait

Might as well waitAt this point it can't get a lot worse.  Might as well hang in for the conference call in mid May.  I have no doubt that they will have been pretty busy revising the script for the call.  No one could have predicted the spot would be tanking like it is.  These guys were counting on toughing it out for a quarterr or two more with spiking spot prices coming in to save the day.  It's shaping up like that won't be the case.  I don't have much faith in the 90 cent target in the near term.  How does a company gushing red ink, depleting inventory at bargin basement prices double or triple with fundamentals going south.  
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities