PDN 1.71% $13.24 paladin energy ltd

Hello to all, not really nice to watch PDN sliding down. For the...

  1. 139 Posts.
    Hello to all, not really nice to watch PDN sliding down. For the time being I see no reason to it except that Cameco is trying to tell us Cigar Lake will be back in line - hopefully in their point of view.

    [...]A full updated report is expected at the end of the first quarter and will include a timeline for production start-up and an updated capital cost estimate.[...]

    But, and there is a big but remaining, will they really be able to bring it back on line?
    Some experts are predicting a start, if there will be one, not earlier than 2013 rather than 2011.

    [...]The miners most recent production start-date is 2011, but analysts are anticipating that will be pushed back to 2013.[...]
    http://www.uraniuminvestingnews.com/2669/athabasca-basin-mining-news.html
 
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