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

Bullboard Posts

Comment by CruelCanuckon Feb 28, 2015 6:45pm

161 Views

Post# 23476392

RE:sold all my pdn

Good on you for making a hard decision like that.

Personally, I bought in at $0.38 and will be holding these shares under well past $45/lb which as you may already know is the price when PDN starts to generate some serious cash flow.
IMO, this one could be a winner, specially since they have access to almost $150 Mil with a 7 or 8% pay out, which is a pretty decent deal considering the risk that the bond holders are putting up with.

Anyways, thats my two cents... Thanks to who ever sold at $0.38 for the cheapies, with some patience this one will be a winner.

Good luck to all you investors.

Bullboard Posts

Viva Gold brings new drill program and updated PEA to Nevada project