Paladin as a uranium takeover target, page-25

Not anymore, Fukushima did the big damage for me. After years of nurturing my exposure then waiting as the GFC destroyed valuation to be given a second chance pre-Fuku, I got very excited that my patience paid off but I always remember waking up that FRIDAY morning and read on my BBC iphone App that earthquake off the Japanese coast. Thought nothing much of it until I saw the explosion of the reactor on Sky News later and the "Oh SHEET" moment second visitation after "Lehman". I have no wish to re-visit such a tragedy anymore and I got out with profit albeit very much reduced and I was lucky. I now prefer safer pastures from these acts of God events.

BUT I can see PDN is looking like a bottom for awhile now. It can go much lower but eventually the U cycle will come back. I don't know how strong or when but prices always does eventually. Good luck and patience is really required. I currently prefer a 'shorter term I want my profit now' approach when the times are hard in the commodity space.