Now that the successful cap raising is out of the way, the future looks very bright for PDN in 2015 and beyond. All the time when there is a cap raising the price stays artificially low - geez 31 cents is extremely low given that uranium prices have skyrocketed in the last 2 months. I don't think anyone was predicting spot at even the current level of 38 by end of 2014 at the start of the year.
PDN is now very safe - further rises in uranium pricing in 2015 and beyond will be icing on the cake. We could see $1 by the end of 2015 - but I don't really care what it is by end of 2015 as I am only interested in what it will be at end of 2025.
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