Wellll, . . . . . those poison arrows are very effective when used at the appropriate time . . . . are they not?
Here is a little information I have gathered from around the traps.
I noticed recently a post on the Uranium thread fortelling the possibility that Japan was going to close all of its 54 reactors for good, as each one was wound down for its annual health check. ( Albeit at the cost of 35 Billion dollars . . .not yen . . . .(in the first year after total "nukes out" was achieved) to replace the power lost from the grid.
Complete garbage, period.
The source of this London tabloid type of material,
" The Oman Tribune " . . . . Hhmmmm . . . .yes they are a real daily contributor to the thoughts of an Islamic society, although they credit themselves with being the most widely read English publication in the region.
" omantribune.com "
Not so long ago on the same Uranium thread, it was revealed that those gilt edged camel jockeys ( Saudi's) were in favour of building 16 shiney Gen 3 reactors within the next 20 years. For power, and as I have mentioned before in my postings ( Large scale desal plants, to green up the areas around their sand bunkers ).
In todays "Financial Review, Wednesday 15 June " . . . . . low and behold, the silver donut ( Otherwise known as Macquarie Bank) has been given the go ahead for business ( Fixed interest and commodities), in the same area that the "Oman Tribune" is most widely read.
Not so long ago " The silver donut " was telling it's valued clients ( Retail?) that the outlook for Uranium is not as rosy as previously thought.
I would think that desires for a substantial nuke fleet over the next 20 years, would put you in the market in the not to distant future, as a substantial buyer of the yellow stuff, namely U3o8.
After looking at the above and Paladin Energy's share price, and joining the dots however geographically challenged, I am thinking what you should be thinking at this very moment.
Have I had one to many crashes on the ski slopes, or am I on the right track.
I am very close to opening the vault on Paladin.
Regards
SwissB
PDN Price at posting:
$2.51 Sentiment: Hold Disclosure: Held
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