Well it getting interesting now MX . . . It's a long way from 3% to compulsory acquisition. I can assure you that the long term core Top 20 holders WILL NOT let go of PDN cheaply. The potential long term "pipeline" of developments for PDN far outweighs its current operating mines.
This company was not started to become some distant memory in some investors mind. PDN was started to become the biggest independent tier one producer of uranium. Remember - we hold one of the largest databases on known uranium resources in the world. In times of dwindling carbon based energy I'd suggest its a valuable asset on its own.
I also wonder what Cameco and Areva think of all this backdoor positioning by Cheetah or is that U1 . . . or is that Russia ???
I still hold to what I know . . . population is increasing and they'll primarily want a few things in the end . . . water, food, shelter and energy.
I look forward to an well articulated reply from the honed PDN investors out there.
My 2 cents.
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