PDN 0.41% $9.79 paladin energy ltd

uranium news, page-435

  1. 1,729 Posts.
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    Spot on Navy Diver.

    The transition from fossil fuels to renewables is inevitable, but it still needs to be managed over time using existing technologies and existing resources. Crossing fingers for sun, wind and battery advancements as you flick off every existing alternative is simply an amazing planning error for which citizens of many countries will pay the price as well as the environment it was designed to protect.

    For those interested in history, look up the cobra effect, a completely failed British cobra cleansing plan for India. Instead of solving the cobra problem by paying people to bring in dead cobras, they exacerbated it by creating new cobra breeding industry.

    The Green Transition seems to be repeating a similar failed plan.

    Hold PDN for the decade ahead. It may not increase 500% from current levels as it did from 15c a year ago, but it will be worth holding IMO, when the rest of the market turns to mud as a result of stimulus profits becoming non stimulus losses.

    GLTASH


 
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