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

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Post by fredviewon Jun 17, 2017 7:16am

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Post# 26373600

PDN and the overall market

PDN has put up a very tough fight over a very long time. I have been posting for quite some time that I felt they would do a massive rollback in shares and try for perhaps one more raise of funds. It appears the clock may have run out. I am still in the camp that at one point in the next two or three years we will see the start of a very strong run. The over supply in the oil market has also kept a cap on things running. The few exploration plays remaining have been absolutely hammered and virtually no new small caps are emerging. This extended bear in uranium is culling future supply and in cases like PDN removing pounds from supply. While these events are terrible for PDN shareholders in the long run it will be very positive for the uranium market.

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