PDN - Paladin Energy

[Fab]

Re: PDN - Paladin Resources

yes thanks for that post fab - interesting read - looks like your warrant are doing well atm. I see BHP is now talking 2013 for its Olympic Dam upgrade to be on line and has created a separate unit to manage this including its uranium portfolio ...

Indeed what more do we need to understand that company like PDN are gold mine. First PDN is one of the only new producer, BHP and RIO are moving strongly towards developping Uranium. Coming from Europe the question is not whether or note to use nuclear power it is to what extend and how much Uranium they can get hold of bearing in mind they believe there will be a shortage for a long time. So in that environment PDN produces in a very U friendly environment in Africa. Its share price has dropped by over 30% from its high.

Regarding my warrants indeed they are doing very nicely today, I am hoping PDN will be back to above $10 soon therefore allowing me to double my money on this warrant. As you can see I am bullish regarding this stock in particular.

 

[Fab]

Re: PDN - Paladin Resources

Indeed what more do we need to understand that company like PDN are gold mine. First PDN is one of the only new producer, BHP and RIO are moving strongly towards developping Uranium. Coming from Europe the question is not whether or note to use nuclear power it is to what extend and how much Uranium they can get hold of bearing in mind they believe there will be a shortage for a long time. So in that environment PDN produces in a very U friendly environment in Africa. It share price has dropped by over 30% from its high.

Regarding my warrants indeed they are doing very nicely today, I am hoping PDN will be back to above $10 soon therefore allowing to double my money on this warrant. As you can see I am bullish regarding this stock in particular .

I forgot to mention that PDN went up 8.60% on the TSX overnight. Very good sign to me that $7.50 is a strong resistance

 

[shag]

Re: PDN - Paladin Resources

I personally think PDN is a very strong buy based on the analysis I posted few days ago. I bought some more warrants around $7.50 a couple of days ago.
The Uranium story is here to stay as per shown by the news today that BHP is trying to get the government to let them sell some to China. I believe a producer like PDN is a gold mine in the current market and even though the P/E looks expensive it is probably because this industry is not as well known as others. In a different sector SEK has an expensive P/E but keeps rising too

any suggestions for warrants mate? i just want a bit of extra leverage(for capital gain or loss if its not so good!). not concerned with interest etc.
cheers

 

[swhmale]

Re: PDN - Paladin Resources

early trading on tsx sees paladin up 6.8% to $8.00 canadian, looks like we might be moving at last. thursday's asx trading reflected TSX wednesday rise, and a similar rise on friday here could see $9.00 breached

 

[Fab]

Re: PDN - Paladin Resources

any suggestions for warrants mate? i just want a bit of extra leverage(for capital gain or loss if its not so good!). not concerned with interest etc.
cheers

pdnjmd is the warrant I bought. PDN up strongly today on the asx indeed tomorrow should be another very positive day on the asx maybe soon back to the $10. Anyway it should be a question of time

 

[eMark]

Re: PDN - Paladin Resources

PALADIN RESOURCES LTD (PDN.TO)

At 3:59PM ET:

7.96 +0.51 (6.85%)

http://finance.yahoo.com/q/bc?s=PDN.TO&t=1d&l=on&z=m&q=c&c=

not to mention this....

DOW JONES INDUSTRIAL AVERAGE IN (^DJI)

At 4:04PM ET:

13,861.73 +283.86 (2.09%)

http://finance.yahoo.com/q/h?s=%5EDJI

 

[Gurgler]

Re: PDN - Paladin Resources

Here is PDN's Toronto chart. Two big positive shifts in a row over there. Are we in for a mirror performance?

The MACD is heading in the right direction, and the downward trend seems to have been broken. Then again, it's Friday!

 

[Fab]

Re: PDN - Paladin Resources

Here is PDN's Toronto chart. Two big positive shifts in a row over there. Are we in for a mirror performance?

The MACD is heading in the right direction, and the downward trend seems to have been broken. Then again, it's Friday!

Here we go PDN up strongly again probably on strong overnight performance on the TSX overnight. As per the article I posted earlier on I believe there is still much more to go. A normal valuation seems to be between $13 -$19. Warrants at the current level sounds to me a very good way of leveraging the upside of PDN

 

[reece55]

Re: PDN - Paladin Resources

Regardless of the spin you put on PDN, this one is still in a defined range and I took my profits Friday at 8.60, so a dollar profit for the week.

Range bound until proven guilty I say, should come down on Mon, particularly given the weak close, it was sold down from the open.

Cheers

 

[rederob]

Re: PDN - Paladin Resources

reece
It will come down a bit, given its lead from Canada, which shaved a wee bit off Thursday's profit.
This simple chart shows where it's at, short term.

 

[shag]

Re: PDN - Paladin Resources

Regardless of the spin you put on PDN, this one is still in a defined range and I took my profits Friday at 8.60, so a dollar profit for the week.

Range bound until proven guilty I say, should come down on Mon, particularly given the weak close, it was sold down from the open.

Cheers

hope it comes back, been waiting to get in for ages, just held up freeing cash. very painful not being able to hump in when it floundered around 7 dollars.

 

[Fab]

Re: PDN - Paladin Resources

hope it comes back, been waiting to get in for ages, just held up freeing cash. very painful not being able to hump in when it floundered around 7 dollars.

I have to say I agree it should come back a bit at opening on monday that does not mean it won't go back up later during the day. PDN needs some good news and then it will jump back. From my experience over the last 2 years this stock moves in waves meaning it spikes and then consolidate. We are in the consolidation phase. How long for? Who knows.

 

[Lachlan6]

Re: PDN - Paladin Resources

Agreed (PDN) is looking interesting at the moment. For mine will need to break resistance at around $9.30 before I would consider jumping in. Very positive pattern though with nice divergence in OBV and MACD suggesting $7.50 will certainly be the intermediate low. Crucial for it to eventually break into new highs or it runs the risk of failing and forming a double top.

 

[hacheln_mice]

Re: PDN - Paladin Resources

I hopped out at open on Friday as it hit my target on the spot.

For now, let's not talk about a $13-$19 'normal' valuation when it has barely stayed above $10...

 

[Fab]

Re: PDN - Paladin Resources

I am wondering if someone could update us on U spot price over the weekend. I am assuming nothing has changed.

 

[Sean K]

Re: PDN - Paladin Resources

A normal valuation seems to be between $13 -$19.

For now, let's not talk about a $13-$19 'normal' valuation when it has barely stayed above $10...

Just where did you get that from Fab? Was it somewhere in the article? Is that a quote from HC?

Cheers.

 

[Fab]

Re: PDN - Paladin Resources

kennas,

Read my posting from last week which is from the Eureka report.
Also I heard that U production is being disrupted in Niger because of Touareq guerilla there. When you know that 1/3 of the french U is coming from there through Areva that might have some impact on the U spot price as well so I am not too sure when

 

[Gurgler]

Re: PDN - Paladin Resources

kennas,

Read my posting from last week which is from the Eureka report.
Also I heard that U production is being disrupted in Niger because of Touareq guerilla there. When you know that 1/3 of the french U is coming from there through Areva that might have some impact on the U spot price as well so I am not too sure when

Fab

I can see your reference to Eureka report last week - but no explanation of how the $13-$19 target is reached. Can you share that with us?

 

[Fab]

Re: PDN - Paladin Resources

Fab

I can see your reference to Eureka report last week - but no explanation of how the $13-$19 target is reached. Can you share that with us?

If you read the all article which was posted in several pieces you will notice the price target. I don't have the article in front of me at the moment.

 

[shag]

Re: PDN - Paladin Resources

If you read the all article which was posted in several pieces you will notice the price target. I don't have the article in front of me at the moment.

Anyone care to help me with a buy-in time for some warrants? I don't know enough at all re chartisim to hedge a guess, and don't expect it to hit the low 700's again unfortunately(where even I know its a good deal).
I'm not after the bottom of the knife edge or anything, just a reasonable time to jump in more.
cheers