With Australia holding about a third of the worlds known uranium deposits, you would think it would be easy to invest on the ASX in Uranium.
Unfortunately this is not so. Its a big shame the Australian goverment does not stand behind our uranium industry. I know the next bull market will happen and want to invest on the ASX but the choices are a bucket of shit and a bucket of shit. Take ERA for example they dont know if they are opening or closing depending on the traditional owners.
Big shame the best uranium game in town was in Namibia, PDN had runs on the board.
Nuclear power will be an important part of the worlds energy mix for long time to come. Just look at China ambitious roll out of nuclear reactors.
After what happened the PDN shareholders I am reluctant to invest with Paladin, so what choices do you have if you want to invest in Uranium on the ASX?
Also like to extend my sympathy to the PDN shareholders who lost their hard earned money, I really feel for you. Most investors just wanted a comforable retirement and not be a burden on the tax payer.
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