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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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Comment by uranicynicon May 08, 2014 10:32am
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Post# 22538301

RE:..hate to say I told you so..

RE:..hate to say I told you so..Very grim assessment of the uranium business. Mr. Kidd lost some credibility with me when he suggested all 3 of Ontario's reactors were going to be refurbished. When I checked online I counted 16 reactors in Ontario. A big discrepancy for a so called expert. 

He may very well be right but I question why he is the only guy to get it right when all the other 'experts' have been so wrong. Also, where was all this doom and gloom years ago?
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