PDN 6.15% $13.98 paladin energy ltd

chart, page-93

  1. JFI
    6,837 Posts.
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    I think now is a good time as any to buy in to Paladin if looking to invest long term in a good producer with real upside given some spot increase. Most market analysts and watchers are of the opinion that demand/supply for U3O8 will begin to bring spot price upwards in short-medium term. That could be sooner rather than later in my opinion. For short term ups and downs good luck to you but for those investing in a productive business in non CO2 emitting energies then Paladin is a superb Australian choice today. With most of the micro picture/Paladin centric issues ironed out only the macro ones remain and looking at the bet it looks very good to the upside. As I've mentioned many times all of these prices will be good in the fullness of time, sub 40c right up to 70c or more.

    An announcement from Japan positive to its nuclear energy program or similar magnitude will elevate spot price and no chart or otherwise can necessarily predict that... I do agree that some patterns of global politics and economic behaviour can tend to be in tandem with charting but that is a question (a big one) for another day.

    Investing long term.

    My thoughts and opinions only.
 
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