great article...
"Paladin Energy (PALAF.PK) is in the same pickle with one important difference: they have some time to strengthen the piggy bank. With the recent death of a minority interest sale in their Langer Heinrich mine and subsequent completion of an $80 million equity placement, the immediate cash urgency has subsided. Investors were not too thrilled with this dilution, driving the share price down about 24% to $.59, a penny off its 52 week low. I doubt Warren Buffett is having a look at Paladin right now, but for those investors who are willing to take on substantial risk with the potential for a fat payoff, Paladin is certainly worth considering."
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