re: Ann: SMM: Updated improved resource estim...
Fortunately Paladin is well cashed up and doesn't want to sell. Instead it wants to be one of the global leaders in the uranium business, having a master plan for long term prosperity. Thus the accumulation of vast assets.
The share price, whatever it may be from one day/week to the next, has no bearing on the worth of the company. It is merely a sentiment vote, and one by the way, that can change direction like a flag in the breeze
Also, in this case the gluttony of the US housing market is a poor metaphor for asset valuations, in that, it was a product of a larger excess. The bank lending fiasco
PDN Price at posting:
$3.10 Sentiment: Hold Disclosure: Held
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