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PDN - Paladin Energy

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Re: PDN - Paladin Resources

Might have something to do with this on the news wires.

Paladin Resources down 42 cents, or 5.8%, at A$6.79 with
dealer saying report in Wall Street Journal that US will sell down part of its uranium
stockpiles and hence drive prices lower, is affecting stock. Notes that while PDN has run
to A$7.45 from A$5 in last 2 months, news causing some caution, despite US Energy Dept
first proposing plans in August.

Rival producer ERA (ERA.AU) also off in last 2 hours,
down 5.5% at A$17.48.
 
Re: PDN - Paladin Resources

blues said:
Might have something to do with this on the news wires.

Paladin Resources down 42 cents, or 5.8%, at A$6.79 with
dealer saying report in Wall Street Journal that US will sell down part of its uranium
stockpiles and hence drive prices lower, is affecting stock. Notes that while PDN has run
to A$7.45 from A$5 in last 2 months, news causing some caution, despite US Energy Dept
first proposing plans in August.

Rival producer ERA (ERA.AU) also off in last 2 hours,
down 5.5% at A$17.48.
Click to expand...

it seems all U stocks are down, the market is so fickle,
agree it must have to do with this humbug on the news wires. :mad:
 
Re: PDN - Paladin Resources

Yep those percentages seem to be on the money, totally out of left field though. Oh well that what trailers are for!.

Now I don't own them I hope they crash some more, plant blows up, yada, yada :p: , could be another entry just around the corner.
 
Re: PDN - Paladin Resources

I have a question....

Does anyone know when PDN will be a margin lending enabled stock?
Also, do you think this will have a dramatic effect on the price?

Its also being included in the ASX100 on Dec 15th too...

I bought pdn for the first time a few weeks ago in the mid 6 dollar mark as part of my long term hold portfolio...
 
Re: PDN - Paladin Resources

I think a slight pullback is perfectly normal for a stock that has done this well in such a short amount of time. I dont think it has anything to do with possible bad news coming out. Seems if their is a slight dip a lot of people institutions will dump thinking it will go further.
 
Re: PDN - Paladin Resources

Rafa said:
I have a question....

Does anyone know when PDN will be a margin lending enabled stock?
Also, do you think this will have a dramatic effect on the price?

Its also being included in the ASX100 on Dec 15th too...

I bought pdn for the first time a few weeks ago in the mid 6 dollar mark as part of my long term hold portfolio...
Click to expand...


When PDN becomes a producer, margin lending should become available. The next few months will be pretty crucial for PDN, the market has factored in pretty much 'the best case scenario', in their current SP. If LH is commisioned smoothly expect a decent rise in SP (10-15 Percent), any hiccups in bringing LH on line, the SP will turn south according to the size of the hiccup.

PDN also has K in the pipeline, this is is not as much factored into their current SP, again this should bring some value into PDN in 08. PDN's holdings in Aust also add some more value to them. All in all PDN is a bit of a success story in the U market and really is one of the few newbies on the globe to hit production at premium U prices.

IMO once you can margin on PDN, a few more punters will take positions in them and also a decent percentage of those punters will stay long, should help the SP a bit.

What should give most holders in PDN confidence is the quality of Borshoff and his management team, they rarely put a foot wrong and indeed seem to have the midas touch when it comes to PDN's growth :)
 
Re: PDN - Paladin Resources

Freeballinginawetsuit said:
IMO once you can margin on PDN, a few more punters will take positions in them and also a decent percentage of those punters will stay long, should help the SP a bit.
Click to expand...
You can margin on PDN with BT Online but the LVR is only 35%.
 
Re: PDN - Paladin Resources

IG's DMA CFD's are available at 10% with an optionable GSL at 0.7%
 
Re: PDN - Paladin Resources

Anyone notice the news on PDN? The construction stage commissioning has been completed and has produced the first piece of yellowcake. The first new mine completion in a decade. Hopefully this wont be a sell on fact deal....
 
Re: PDN - Paladin Resources

lancer said:
Anyone notice the news on PDN? The construction stage commissioning has been completed and has produced the first piece of yellowcake. The first new mine completion in a decade. Hopefully this wont be a sell on fact deal....
Click to expand...

Does not like it it is goind wild at the moment :)
 
Re: PDN - Paladin Resources

giddyup...
:jump: :jump: :jump:



PS: surely its going to margin lending OK now!!!
 
Re: PDN - Paladin Resources

I believe it is going to go much much much higher now that the PM is clearly stating he wants to go nuclear. Also PDN is now in Production and even though Australia does not change their policy on U mining in mid 2007 uranium will be in huge demand because of a lot of countries going nuclear. :)
All blue sky as far as I am concern. The P/e looks crazy so
 
Re: PDN - Paladin Resources

well fab
I nice 4 % rise over night so it should rebound aftere the profit taking of yesterday. I am currently quite over weight on this stock as I can't resist buying it everytime it gets to a new high :)
Cheers martin
 
Re: PDN - Paladin Resources

The market cap of this is a little scarey for me at the moment, although I see plenty of upside in some of it's projects like Bigryli, Valhalla (if the litigation goes ok and Labor grow up), and Kayelekera will be heading into production in the next few years. Looks set to become a major global U player. But $4.5b, with no income is just obscene. Anyone have a forecast profit from the BFS on LH with a $60, and $80 U3O8 spot price?
 
Re: PDN - Paladin Resources

kennas said:
The market cap of this is a little scarey for me at the moment, although I see plenty of upside in some of it's projects like Bigryli, Valhalla (if the litigation goes ok and Labor grow up), and Kayelekera will be heading into production in the next few years. Looks set to become a major global U player. But $4.5b, with no income is just obscene. Anyone have a forecast profit from the BFS on LH with a $60, and $80 U3O8 spot price?
Click to expand...

Indeed the market cap is obscene then there is nothing else to compare it to as we have not had a U boom in the past
 

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