PDN - Paladin Energy
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Re: PDN - Paladin Resources
Whats actually driving this market at the moment? Is it just investor interest or is there really something big going on? Is someone making bombs? Is China in need for more uranium? I hope it isnt another Poseidon at the top of everest.
CHEN
Whats actually driving this market at the moment? Is it just investor interest or is there really something big going on? Is someone making bombs? Is China in need for more uranium? I hope it isnt another Poseidon at the top of everest.
CHEN
Re: PDN - Paladin Resources
It's called "supply & demand"
- Dozens of nuclear power stations being built over the next 5 years
- Dwindling supply of ex-weapon uranium
- lack of uranium eploration & developement over the last 20 yearsleading to low supply
Hence the continued increase in the price of Uranium. Uranium stocks have fallen along with other resource stocks in the recent correction. Many were over-priced, but many have now become outright bargains
Choose well & heaps of cash to be made .... DYOR
cheers
chennyleeeee said:
It's called "supply & demand"
- Dozens of nuclear power stations being built over the next 5 years
- Dwindling supply of ex-weapon uranium
- lack of uranium eploration & developement over the last 20 yearsleading to low supply
Hence the continued increase in the price of Uranium. Uranium stocks have fallen along with other resource stocks in the recent correction. Many were over-priced, but many have now become outright bargains
Choose well & heaps of cash to be made .... DYOR
cheers
Re: PDN - Paladin Resources
PDN doesn't know whether it is Arthur or Marthar right now - similar story for the other resource stocks. It is like a coil spring being wound up and whe she lets go she will go up or down strongly. It has hot the 200-day EMA twice already, once more will be a Gann style triple banger with a higher probability of falling through.
Funny mentally this stock should fly in the coming years with China's nuclear power plant projects coming online.
PDN doesn't know whether it is Arthur or Marthar right now - similar story for the other resource stocks. It is like a coil spring being wound up and whe she lets go she will go up or down strongly. It has hot the 200-day EMA twice already, once more will be a Gann style triple banger with a higher probability of falling through.
Funny mentally this stock should fly in the coming years with China's nuclear power plant projects coming online.
Prospector
Not a scaredy cat anymore
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Re: PDN - Paladin Resources
Trading Halt now - add AUM to this and soon I wont have any shares left to trade
Trading Halt now - add AUM to this and soon I wont have any shares left to trade
Sean K
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Re: PDN - Paladin Resources
Perhaps they'll fight for RPT?
Perhaps they'll fight for RPT?
GreatPig
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Sean K
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Re: PDN - Paladin Resources
This is a good site Fab:
http://stockcharts.com/education/ChartAnalysis/candlesticks.html
Fab said:How do you translate these red and green sticks ??
This is a good site Fab:
http://stockcharts.com/education/ChartAnalysis/candlesticks.html
Re: PDN - Paladin Resources
Maybe people are starting to pile in on anticipation of the opening of the langer heinrich mine this september. I think its the first new uranium mine to open in a long while. Theres probably quite a bit of interest.
Billhill
Maybe people are starting to pile in on anticipation of the opening of the langer heinrich mine this september. I think its the first new uranium mine to open in a long while. Theres probably quite a bit of interest.
Billhill
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Re: PDN - Paladin Resources
Is anyone still bullish for PDN?
Looks like support forming around $4-15.
With the present media attention towards increasing future demand for uranium, surely PDN (as a more advanced uranium company) is well placed to take advantage of this?
Is anyone still bullish for PDN?
Looks like support forming around $4-15.
With the present media attention towards increasing future demand for uranium, surely PDN (as a more advanced uranium company) is well placed to take advantage of this?
Re: PDN - Paladin Resources
Morgan
PDN is probably now become more of a long term play as the uranium hype stablizes. Your right though PDN is one of the best placed uranium companies. Uranium prices will continue to rise for the forseeable future and as PDN has other deposit outside australia it other than langer heinrich it has potential to develop more mines (something many uranium juniors do not have). There is not likely to be much sustained upward movement of the stock in the short term but i would still remain bullish about its prospects over the next couple of years.
billhill
Morgan
PDN is probably now become more of a long term play as the uranium hype stablizes. Your right though PDN is one of the best placed uranium companies. Uranium prices will continue to rise for the forseeable future and as PDN has other deposit outside australia it other than langer heinrich it has potential to develop more mines (something many uranium juniors do not have). There is not likely to be much sustained upward movement of the stock in the short term but i would still remain bullish about its prospects over the next couple of years.
billhill
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Re: PDN - Paladin Resources
Looks like the support level has been reached,
time to get onboard
Looks like the support level has been reached,
time to get onboard
