News: PDN China's CGN looking for more Canada uranium deals, page-70

I saw great value in Paladin at 20c and built a huge long position over the last week. While there was a rally across the board ,end of last week and earlier this week, Paladin was consolidating for a long time. There is a catch up here and I personally believe, we should be somewhere between 25 to 30c in the near future for the following reasons:

The Feds might decide to hold on raising interest rate and that will weaken the US dollar which will be a boost for gold and commodity.
The Chinese government will outline its five year economic plan this month and I am expecting a fresh stimulus. It will also highlight the massive investment in building huge numbers of nuclear reactors.
Draghi's speech tonight with more stimulus measures could provide a boost.
The Saudi, The Egyptians and many counties are moving into nuclear energy.

There is a huge potential for Paladin and the recent share price movement is giving me the indication that we will hear soon about successful refinance of its debt ,that is due next year.
Once the refinance in place, the uncertainty around the balance sheet of PDN will be removed and investors will gain confidence and pour money into Paladin. We now how confidence can drive share price up, like what it did with BDR.

Whenever there is value at low entry price, there is money to be made.
Gold and uranium are my favourite at the moment.

Cheers,

Sydney

Good Luck