uranium $ doesn't fluctuate Read all commentaries, however it has to be noted uranium price does not fluctuate and to achieve $50.00 was mentioned in a kitco article last week it will take 20yrs to achieve that price.
More australian explorers overseas now have tenanments for drilling uranium eg note of todays announcements from RRS and OMC and more following.Also the explorers around the world have multipled in these last few months for uranium drilling.
PDN is trading lower on the canadian stock exchange 1.20 and euro1.1 that is online to its price.
Someone earlier converted the euro share price to 1.76 and stated that what its worth this is nonsense why not mention canadian price quoted of friday 1.20 which is ours approx aud 1.00. In fact its gone backwards due to more uranium explorers listed on the canadian stock exchange. I see more burnt in the very immediate term. Very long term hold.
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