re: rumor in germany mail to pdn Don't fully understand what our...

re: rumor in germany mail to pdn Don't fully understand what our German friend was on about??

Beleive what you want to beleive but here are some extracts that may calm those concerned.

From Paladin Web Site, April 2006:

"In August, 2002 Paladin Resources Ltd (“Paladin”), an Australian publicly listed company, acquired 100% of Langer Heinrich Uranium (Pty) Ltd (“LHUPL”), the Namibian registered company holding the Project rights. Subsequently, a Pre-Feasibility Study was completed on the Project, which strongly justified undertaking a Bankable Feasibility Study (“BFS”). The year-long BFS was completed in April 2005 by GRD Minproc (Pty) Ltd. After full management review of the BFS, the Board resolved on 9 May to proceed with development of the project."

Where is the 9 Years??

From March 2006 Quarterly:

"LANGER HEINRICH URANIUM PROJECT (100%)
Project Construction
Project construction is progressing well, on budget and on schedule for a September 2006 start of
commissioning. By the end of March 2006, the project was 61% complete, with on-site work at 24%
completion. A construction workforce of 450 is deployed at Langer Heinrich with no lost time incidents
recorded for the project to date."

As of yesterday afternoon, there were no changes or disruption to schedule. ( Source: Paladin Office, Perth )

Ride the hype and exercise some patience. All comes to those who wait or should that read " Profit comes to those who wait"??

Happy Trading