miner or energy stock, page-5

strike
YOUR QUOTE
"I think the more relevant seperation is "explorer or producer" and it is why the market is having such a hard time valuing PDN. Often people will post that PDN has no earnings and want to value it on earnings but what is more important with PDN is pounds in the ground."

I THINK YOU
SHOULD HAVE ADDED it would help put down the detractors and keep them on the park benches....(home sweet home to them)

"Often people will post that PDN has no earnings" BUT does have earnings and has already posted its FIRST PROFIT and has DECREASED its BANK DEBT by US$29.9 Million (pg43 march fin report)
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and
"what is more important with PDN is pounds in the ground" AND
has a huge INVENTORY (ie pounds of uranium) stockpiled in its warehouses.....AND RECORD SALES in the last quarter.
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"relevant seperation is "explorer or producer"

2 operational mines...its by NO DOUBT a PRODUCER

WHILST at the same time its exploring to increase its resources of Uranium...just like BHP and RIO do......
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no criticism intended..just adding a bit to put the fly in fly out posters in their final resting place

keep posting

regards
al1