Yes Yellowcake you are right it is not JB fault that the Japan nuclear problem happen.
However if the Japan nuclear issue had not happen would uranium be much better off? I'm not sure. Kazakhstan production is up 9% this year, plus pretty much ever uranium company production is up ever know uranium prices are super low. Imagine if prices were high, imagine how high production would be.
PDN management get pay big money to make good decisions. Over the last 5 years they have been too over confident on uranium prices and increase debt levels to high. Ever three months we hear how well PDN is doing and Uranium prices are about to go alot higer.
Hopely one day PDN shareholders get some return. However ever cash issue decreases this chance.
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