re: reality check I would not go so far as "A Pure Gamble". At the worst I would say a "calculated risk".
The most evident down side to Paladin is that it has yet to enter into production. This is where the risk lies and until we start to see actual mining results, Paladin is not a certainty.
HOWEVER, when Paladin DOES begin to mine and produce the goods, my prediction is that we will see a surge of money coming from the conservative, cash rich institutions (e.g. Super Funds) that invest in "Actuals" rather than "Expected". What are the implications to the SP? I would expect a favourable outcome to all that hold.
John Borshoff's interview was inspiring and he is now well recognised internationally for his position in the U industry. If I was taking a gamble on this stock, I would sleep well at night knowing he was holding my cash.
Please, this is an opinion and I have held this stock for about 2 years. In for the long haul.
Spot Price up again, Chinese in town, should be an interesting week.
Happy Trading
re: reality check I would not go so far as "A Pure Gamble". At...
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Last
$13.01 |
Change
-0.160(1.21%) |
Mkt cap ! $3.889B | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.15 | $12.94 | $22.67M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2527 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2319 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |