Sean K
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Re: PDN - Paladin Resources
I've missed the boat I think.
1151 [Dow Jones] Paladin (PDN.AU) lances another fresh high, surging to A$6.47 before easing, last up 8.1% at A$6.38 on lively trading of 2.6 millon shares. PDN, which holds stakes in a number of advanced uranium projects in Australia, reported Friday no major problems emerged at Langer Heinrich project, Namibia, 95% complete, many plant items commissioned, trained workforce on site. Further upside seems possible when first ore produced removing any doubts about plant circuits. After trading at 1 cent 3 years ago, PDN long term investors richly rewarded by PDN's counter cyclical investment strategy, superb timing, with plant set to start at time of historical price highs for uranium, with Ux Consulting reporting spot on Oct. 30 at US$60/pound. (RCB)
I've missed the boat I think.
1151 [Dow Jones] Paladin (PDN.AU) lances another fresh high, surging to A$6.47 before easing, last up 8.1% at A$6.38 on lively trading of 2.6 millon shares. PDN, which holds stakes in a number of advanced uranium projects in Australia, reported Friday no major problems emerged at Langer Heinrich project, Namibia, 95% complete, many plant items commissioned, trained workforce on site. Further upside seems possible when first ore produced removing any doubts about plant circuits. After trading at 1 cent 3 years ago, PDN long term investors richly rewarded by PDN's counter cyclical investment strategy, superb timing, with plant set to start at time of historical price highs for uranium, with Ux Consulting reporting spot on Oct. 30 at US$60/pound. (RCB)