PDN 0.17% $11.87 paladin energy ltd

Good read, page-3

  1. 726 Posts.
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    Thanks Moonstone and Dazza.....

    My favourite part of this article

    "Supply problems were a major factor in the last uranium bull market. Flooding in 2006 seriously curtailed production at Cameco’s (NYSE: CCJ) Cigar Lake mine in Saskatchewan. Cameco is one of the largest global providers of uranium and Cigar Lake is the world’s top uranium mine. This helped set in chain a bull market that saw uranium’s price explode from around US$36 at the start of the year to US$140 at the start of June 2007.Uranium mining and exploration companies saw exponential equity growth as a result. Uranium Insider Pro illustrates this with a graph showing a 1000x share price increase for uranium miners Paladin Energy. They point out that even large cap Cameco went from under US$4 to US$60, returning over 15x on investment."
 
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