Jermaynew, I feel you pain and agree with you 100%.
For the others, lets put the SMM .v PDN into another perspective.
Before SMM extracts any uranium it will be 2012. In the mean time, PDN will kick off Malawi and extend its tenements in Namibia by 2009. Price of Uranium will continue to rise over the next two years and PDN will be one of the few producers in the world to take full advantage of this benefit.
Between now and 2012 there will be several new mines coming on line and as Supply increases, what happens to the price?
SMM is a good stock and has great resources but it is still a spec. stock. PDN is listed in the ASX 100 and yet people question which company is better???
I do have PDN stocks, I know JB and other board members but more importantly, I have studied the industry. DYOR and you will sleep better at night when the market "corrects" itself as it has over the past week.
Just my thoughts.
Happy Trading
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Last
$11.07 |
Change
-0.110(0.98%) |
Mkt cap ! $3.309B | |||
| Open | High | Low | Value | Volume |
| $10.96 | $11.22 | $10.91 | $28.86M | 2.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5433 | $11.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.09 | 7213 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |