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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
Comment by falconsrighton May 17, 2017 9:13am
387 Views
Post# 26253880

RE:Wallpaper

RE:WallpaperI call bullshite. I think you have a low bid in here. I spent a few hours going over financials, their proposals, and talking to a few U-stock traders I know last night, they all said the same thing. They have a plan in place whether CNNC buys the mine or not, all their stakeholders are working with them, and they won't go under. They'll be able to work with their creditors well into next year. By then U prices will have started to rebound due to lowered output and new reactors coming online. This is an easy 5 bagger from these levels if u can handle the wave til next year. Weak hands jumped yesterday due to emotions after it being halted for so long. I'll be accumulating. This is all my opinion. DYODD.
starsearcher40 wrote: As much as I liked this company over the years, the reality now is that they are dead.  The only thing left is the official funeral.  That it is back trading is nothing folks.  The shares are just bad wallpaper, and the fact that you can get out at even this price is a minor miracle.  Personally, I didn't think it would ever trade again, and soon enough that WILL be the case.

Sorry for the harsh/bad news.  I've been here before and caught with shares that were garbage. It's not fun at all. Blow it out and move on is the only solid advice I can give at this point, all things considered.


Bullboard Posts