Australian (ASX) Stock Market Forum

PDN - Paladin Energy

Re: PDN - Paladin Resources

both look extremely over valued

why would u pay a premium of $30/lb for PDN over the life of its reserves. U is going to collapse around 2012, there too many projects around now
 
Re: PDN - Paladin Resources

Wonder how high this is going to go after breaking through 9.00 resistance.
finally... Looks like the u increase kicked in . :cool:
Seems big = strong in times of red with many other u stocks correcting big time.
 
Re: PDN - Paladin Resources

Halba said:
both look extremely over valued

why would u pay a premium of $30/lb for PDN over the life of its reserves. U is going to collapse around 2012, there too many projects around now

Substantiation please! Why 2012! Please explain!!! :eek: :eek:
 
Re: PDN - Paladin Resources

I have to keep informing people why PDN's can defy the gravity of falling uranium stocks, because:

1 A near producer, considered can take to full advantage of rising uranium price;

2. Considered a uranium pick by almost broker house.

3. Picked by James Dines

4. PDN is invited to almost every uranium/mining conference in the world, making key speeches and promoting itself for free. The latest one is in South Africa;

5. Considered as take over target for CCO.TO to make up uranium production deficit because of Cigar Lake, or SXR for other reason.

But bewared, the South Africa's conference is over today. PDN's share price might be under pressure very soon.
 
Re: PDN - Paladin Resources

I think he is referring to the date that U supply will apparantly match demand - predicted to be 2012.
 
Re: PDN - Paladin Resources

mmmmining said:
But bewared, the South Africa's conference is over today. PDN's share price might be under pressure very soon.


Hi mmmmmining,
How soon, and how much pressure do you reckon??
Cheers
Kauri
 

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Re: PDN - Paladin Resources

Kauri,

I don't know. I cannot predict. It could be as early as tomorrow, could be next week. I hold PDN firmly without worry about daily or weekly share price movement. I just try to find answers for these do worry. :cautious:

Cheers.
 
Re: PDN - Paladin Resources

Halba said:
both look extremely over valued

why would u pay a premium of $30/lb for PDN over the life of its reserves. U is going to collapse around 2012, there too many projects around now
On the other hand - http://www.kitco.com/ind/Kirtley/feb072007.html Bob Kirtley February 7, 2007 www.uranium-stocks.net "We believe that we are looking at a uranium price of $200.0 plus in the near future. This will drive the price of uranium stocks through the roof and into uncharted territory. If you thought that DOT COM was a boom get into position and hang on for fortunes will be made, possibly exceeding those to made in gold and silver."

I don't know how reliable Bob is but there are obviously differences of opinion! I hold pdn and smm and shed a few tears yesterday when ags, bmn, and dyl hit the stops, taking a profit but may get back in when the u stock slide stops as I'm sure it will, imo, essential to DYOR etc
 
Re: PDN - Paladin Resources

Hi, I have $1000 to invest - I liked Paladin last year when I heard I think the director talking on TV about his mine in Africa and that Oz wasn't allowing any more mining leases. I know little about shares or the stock market but used to look at this site few years back and was amazed at the knowledge you people have - and no doubt the money now!!!

Have been burnt on my one and only attempt with Colonial (Global Managed & Global Technology). Got half my money back and tried to invest in IAG with what I got back but missed out on all the shares requested.

Now I have $1000 I want to invest in something.

The problem I have is - (among many others) - is which stockbroker?

Who will be bothered with $1000?

Any suggestions appreciated.
 
Re: PDN - Paladin Resources

drama_queen said:
Now I have $1000 I want to invest in something.

You just wasting us time!!! Oh, I am just kidding, since I am not a broker.

The only place for you is online broker. They don't care how much you have. But here is a few thing you need to consider:
A round of buy and sell will cost you about $60 (6% of your money gone)
Some broker charge you account inactive fee for your some holding with enough trading, it might be $25 per qtr. or $100 per year. (another 10% gone)

Commec might be the place with charging you inactivity fee.

Depend on your expectation of risk and reward. If you want low risk, that is low reward, with 10% average expect return from stock market, you better put your money on term deposit or something.

If you like high risk and high reward, you $1000 might be a the step-stone to super-rich with a serious of luck, such as:

Invest in PDN 4 years ago, and purchase 100,000 shares at 1c each sell it last year, and like the MD of CDU, purchase millions of the option of CDU last year at 0.01c??

But if you put your money in CRS, or SGW, you might never see it again....
 
Re: PDN - Paladin Resources

mmmmining said:
If you like high risk and high reward, you $1000 might be a the step-stone to super-rich with a serious of luck, such as:

Invest in PDN 4 years ago, and purchase 100,000 shares at 1c each

I invested $1000 in PDN shares less than 3 years ago.
This is a paste from the after market email I recevied on :

Fri 16/04/2004 12:59 AM

PDN PALADIN FPO 5,000 11.0 $550.00
PDN PALADIN FPO 4,000 11.0 $440.00

(I trade in 2 separate names)

if that was today's bundle it would be:

PDN PALADIN FPO 5,000 953.0 $48,000.00
PDN PALADIN FPO 4,000 953.0 $38,600.00



Except I sold out but that is a different story :eek:

I did buy in again at around $4.00 and will never, ever sell again ;)
 
Re: PDN - Paladin Resources

drama_queen said:
Hi, I have $1000 to invest - I liked Paladin last year when I heard I think the director talking on TV about his mine in Africa and that Oz wasn't allowing any more mining leases. I know little about shares or the stock market but used to look at this site few years back and was amazed at the knowledge you people have - and no doubt the money now!!!

Have been burnt on my one and only attempt with Colonial (Global Managed & Global Technology). Got half my money back and tried to invest in IAG with what I got back but missed out on all the shares requested.

Now I have $1000 I want to invest in something.

The problem I have is - (among many others) - is which stockbroker?

Who will be bothered with $1000?

Any suggestions appreciated.

If you like Uranium stocks I suggest you do some research, there are many many cheaper stocks with huge potential but there are some that are duds too, there is U common everywhere it's just not recoverable. But I'm not a finacial advisor. You have to ask yourself how risk averse you are. If you would hate to lose even $100 then you would be better off investing i in a term deposit. if you could walk away if it dropped $900 then you could consider something speculative! However, it would be a brave person to say put it all on ___ since if yo lost it all you could try to get it back from your advisor!!!! Good luck!
 
Re: PDN - Paladin Resources

Is getting close to where a typical minor W3/W4 may occur, wouldn't be surprised to see a bit of consolidation??
 

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Re: PDN - Paladin Resources

PDN has a ridculous market cap and forward P/E ratio

make no mistake - the uranium bubble will burst as quick as the I.T. one that preceeded it

its forward P/E is well over 50 now - insanity
 
Re: PDN - Paladin Resources

alankew said:
Any reason for the rise in SP this morning
Two near producers merged in Canada. or kind of SXR.TO taking over UUU.V. So only PNN, the another near producer left. Who will takeover it? Maybe CCO.TO

Since UUU.TO's operation is in central Asia, this news give a boost for MRO and CTS, two companies with Central Asia exposure.
 
Re: PDN - Paladin Resources

SXR's price went down a dollar, they paid too much for UUU only producing 1.8mil pounds in kazakh(sovereign risk)
i don;'t complain each dollar pdn gets overvalued, my banner man looks cheap
 
Re: PDN - Paladin Resources

imajica said:
PDN has a ridculous market cap and forward P/E ratio

make no mistake - the uranium bubble will burst as quick as the I.T. one that preceeded it

its forward P/E is well over 50 now - insanity

This market is like no other and I dont think you can try and predict whats going to happen. However I am not saying it wont correct sometime....
 
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