OTCQX:PALAF - Post by User
Post by
fredviewon Oct 07, 2014 5:44pm
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Post# 23007734
Rick Rule
Rick RuleIt was a pretty cool interview. I share his take on the uranium market. It has to go up at some point given the build out that is underway and the costs of opening and producing at a uranium mine. I am quite conservative so I preferred to go with uranium participation. Wasn't brave enough to take a spin on PDN. They have major cash flow problems that can't go on indefinitely, at someone the music will stop and shareholders will be without a seat. If spot runs hard all sins will be forgiven and the stock should appreciate nicely. Kind of an all in type bet which doesn't fit my style.