pdn back to 3 bucks, page-4

would think so,,, re dow, and president

expect the asx to tick over until the dow hits its traps, and would agree, that we might see a few buy triggers from some larger players to take positions.

I think to long term prospects for PDN are great, in a bullish sector.

Uranium tipped to be the leading sector out of the comodities, having near enough found its bottom, and any constriction of credit to new supply developemnt onlt to support the Rallying U price.

Add to that, that the current price of U is viable for profitable operations, in respect to long term contracts securing supply.

Cant say that for any of the other comodities, except for gold and phosphate.

SHort term, i think the 3.50 is likely to be reached, will it find support there, and to what trading range will it float with inevitable hicupps for the dow along the way.

Mine to think, we will see a peak of 3.60-3.70, and a softening to trading range back to 3.20 to 3.50, before the next push to 4 dollars something which will arrive with when we start to see more serious movement in the spot price of uranium.


cheers