OTCQX:PALAF - Post by User
Comment by
Captaincommoditon Mar 08, 2017 9:17pm
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Post# 25954742
RE:RE:Here is the link to CNNC, could be crushing...
RE:RE:Here is the link to CNNC, could be crushing...
Everyone needs to chill that article is couple of weeks old, basically sttes that CNNC chinese national nuclear company has until Mar 11(this Sat) to exercise their right and buy remaining stake in Paladins main mine. If that happens entire restructuring plan and everything falls apart because having it was a big part of getting others to buy in. Right now the way I see things its not clear if that happened or not ,because 48hr trading halt wouldnt make a big difference regardless of the outcome. Given that CNNC had since Jan 28 to make decision and ^/$#% Paladin over, i really dont see why they would wait until the last 2 days to stick the knife in our ribs. I have lots of money at stake in PDN and my advice is to just relax have a good rest of the week and act like nothing happened or you may have worried for nothing come monday. Even PDN gets wiped out hopefully you guys have exposure to Denison, Kivalliq and other players that will more than compensate you for a total Paladin writeoff. Uranium prices are going up in next 1-3years and these will rocket. GLTA