OTCQX:PALAF - Post by User
Post by
CruelCanuckon Feb 23, 2015 2:43am
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Post# 23453820
PDN a definite Buy at these prices Imo
PDN a definite Buy at these prices Imo
Newish to this forum, however all bs aside... PDN as it stands is currently undervalued and has huge upside potential. $0.385 Cdn with 150M in cash inc in return for 7% pay outs which compared to cash flow in the long term is still a risk but not a big one.
The way I see it, this is completely tied to the rising uranium prices in the near future since the finance risk has been taken out of the near term equation.
That being said, there are a lot of Uranium explorations, however in comparrisson to the Inc demand for high grade uranium, the spot price is almost garranteed to go to past $45/lb which as you know is when we start to generate cash flow.
I will be patient and I would certainly thank the ones who sell me cheapies. ;)
Long PDN.