future, page-12

jamiroquai,

You could very well be correct.

Alot of people dismissed DYL as a serious contender when their shareprice lost ground. That was when i bought in at around .36c.

DYL is the major missing part of the jigsaw puzzle in PDN's assets. People for a long time were saying DYL is too overpriced with a large M/C and with so many shares on offer.

Yet, John Borshoff said lastnight on Lateline regarding Uranium, "We have a long way to go."

Once some results come through re: Namibia, I think that is when PDN will make a move. The DYL M/C will no longer be a problem as it will be consumed by PDN.

PDN wants to be a world dominant player. This will open the doors further for them.

Short term, things are hotting up in such a way that we may see over $200 lb for U308 before the year is out.

We are witnessing the greatest Bull Market of all time IMO. Uranium is a phenomina. The price will tank at some stage. However, we still have at least a few years to make the most of it. We have China and India to thank for that with its insatiable appetite for resources.

How high uranium goes, i have no idea.

Cheers markco2