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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Comment by notBuffeton May 06, 2014 10:36pm

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Post# 22531772

RE:RE:RE:negativity

Interesting point about Russia. Mainstream media is postulating that Putin is attempting to consolidate further power, including Kazakhstan (if he doesn't already control their economy). Maybe there's an invasion, maybe there's a U supply disruption, maybe you have a massive Cigar Lake Mine flooding-like boost in U prices. That, I would like (not the invading part).
I just don't see a reason for the U price to go up. Everyone is repeating the same mantra that "industry insiders" have been espousing for the last couple years.

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