Hi Grant64,
I posted this on another forum this morning.
Actually, i am fairly bullish on DYL apart from the crazy amount of shares. LOL!! Bought in recently.
The Executive Chairman Leon Pretorius is speaking at 9.35am (tomorrow) when the conference starts.
http://www.paydirtsuraniumconference.com/programme/programme.htm
A few notable deals will be done from this conference, i would suspect.
Cameco - Sth Africa - China Delegates are attending.
Dr. Leon Pretorius will also be involved on the discussion panel.
I have no problem with holding this stock as i said, i bought them at a time where i believe they were oversold.
Patience is a wonderful thing in accumulating certain uranium stocks.
Traders jump on the bandwagon when they run and then once they dump them some of those stocks end up being forgotten.
To me this stock fits the bill.
I think its got alot going for it especially in this market.
As i said previously, the only thing i don't like about it is the amount of shares on offer.
Something that has crossed my mind a few times.
What is going to happen if PDN doesn't get SMM?
There is a high probability that unless PDN raises the stakes alot further, they will miss out.
That will then mean PDN will seek other alternatives. EME, MTN or possibly DYL would fit the bill IMO.
IMO they do want to have something firmly established before the ALP 3 mine policy at the end of April.
Just a few things to consider.
Cheers markco2
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