quiet monday, page-6

as we smaller traders are always the last to know all the good information ...I expect some with more influence to have more intimate knowledge of the Q1 report well ahead of us poor souls....
This I see as being the reason for the capping and sideways movement in the share price....quite a bit of tree shaking going on lately....

nice rises followed by pullbacks to under the 195 mark...scares the hell out of many...they expect it to plunge into the low 180 range...so the sell...only to be again rattled when it suddenly rises again.....over and over it happens...more and more sell and then get caught short again and again....the big money players rake in the profits (your money) and then step back in and BUY up ..and buy even more...(with your money)...

They know when its the right time to cut it loose and send it for the big run.......it comes with no sounding of trumpets....its fast and furious.....

We recently say over 1 mill on the buy side...buyer jumped over it and all looked well....and then it happened.....a NXXT sell trade wiped out all the BUY support at that level...and the price caused a minor panic....but it wasn't allowed to fall too far just enough to shake the tree....and shake it did......just a game of bluff....fair ....NO.....normal for the market....YES......a level playing field.....NO.......

Never has been.....and NEVER will be......
We have to remember stocks need MARKET makers....and to have them in play....they HAVE to make profits......
Without them....most stocks would hardly make any movements....so we have to accept these demons in our midst......

These same players will cut pdn loose when they see the good report is there or coming to justify big rises......

PDN fell from the $5 range due to the disaster in Japan.....12 months ago....its price can only go one way ...and thats UP.....
Pdn is a far better company now than what it was when the price was $5 and more so than when the price was $11.....

..remember ..now it has 2 operational plants...both expected to be at or above nameplate production by the end of this quarter....

The world is faced with an energy shortage....more reactors are being built.......CHINA and INDIA are building most of them,,,,,,,,they need to secure future reliable sources of URANIUM well ahead of the new reactors coming on line.....

....this they plan years in advance......they are doing that now and will compete with each other to lock in stable supply chains.....

So you can expect demand for uranium to outstrip supply...hence the price of uranium will rise.....companies producing URANIUM will become targets for takeovers by energy companies.........

So a little bit more waiting....but the big rises are coming.......
I do expect to see a premium offer made for all pdn shares in SMM summit res......the areva and LL1 Capital shares give these two NO control over the company or any of its decisions....NO board seats.....they are like 2 fleas on a dog's back.......

Basically these two have paid cash for stock for which they are getting NO RETURN......and any big buyer of the PDN holding can soon instigate a plan to squeeze them out.

..its a plan.....it works....if they wanted to stay in......the plan involves them putting up hundreds of millions of dollars and then still being in the same position they are in now......NO POWER NO CONTROL...NO BOARD SEATS........and its LEGAL.

good luck to all