re: crazy prices I hope so but I think that we will see some interesting effects this year in the weather and its effect on oil and thus on all commodities and PDN as collateral damage.
The medium forecasts for Canada/US are for unusually mid weather over the next few months and through winter. Check out this chart from Environment Canada:
http://www.weatheroffice.ec.gc.ca/saisons/image_e.html?img=ccatemp_06_s
This says to me that if there is no Mideast meltdown, and NorthAmericans don't need too much FFO, then we are in the range of a $50/bbl for oil. Maybe BHP and RIO will drop another 15% and PDN will get dragged down with the sector. Besides, as ABN AMRO pointed out in their PDN research, share prices for a miner are usually volatile in the months following a major mine commissioning. So I am trying to psych myself up for poor PDN performance over the next while. Heck, I might even have to get a job!
uranium plays, page-31
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Last
$9.79 |
Change
0.040(0.41%) |
Mkt cap ! $2.927B | |||
| Open | High | Low | Value | Volume |
| $9.90 | $9.96 | $9.77 | $22.83M | 2.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22420 | $9.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.84 | 11020 | 3 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |