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Paladin Energy Ltd PALAF

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

Bullboard Posts
Post by uranicynicon Mar 16, 2017 5:32pm
571 Views
Post# 25990652

Possible last PDN post

Possible last PDN postI don't know how this will play out in court but i think the Chinese have played a double game where they caused mischief and are now pretending to be innocent victims. I hope the courts send them packing.
I have been a long term investor in this pile of excrement. My first purchase was probably over the C$3 mark. I've whittled things down to a $ .25 average price by buying and selling on the dips and crests. I'm annoyed, like all longs, but I don't think anyone could predict the last 5 years in the uranium space. The tsunami and japan's response to it were unforseen.

I'm still somewhat bullish on uranium but I've branched out to gold and oil/gas shares to help generate some profits.

GLTA. I hope that the courts give us a reason to further debate the day to day moves of Paladin Energy.
Bullboard Posts