PDN 2.19% $11.66 paladin energy ltd

What a ridiculous downramp...!PDN is growing, with multiple high...

  1. 5,800 Posts.
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    What a ridiculous downramp...!

    PDN is growing, with multiple high value deposits, and production on target.

    ERA is a single mine asset that is nearing the end of its mine life and gets flooded most years.

    Most brokers and analysts (although I ignore them anyway - they're just guesses) have pDN as their preferred exposure to the uranium market, having been grossly oversold on the back of Fukushima.

    And the chart, for those into TA, shows that once it breaks the 1.80 level and holds it, it is up and away, possibly all the way back to where it was before Fukushima. Not today, or tomorrow, or this month, but over the next few months.

    Plummet??? If you mean a short term pullback, then yes - that's a healthy thing. But "plummet" implies a huge drop - and I can't see that happening. And it certainly wouldn't be ERA that influences it, that's for sure.

    ERA has gone from $18 to $1 in the same time that PDN has gone from around $4 to $1.90-ish. No comparison. ERA is what I would call a plummet.....



 
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Last trade - 14.03pm 01/08/2024 (20 minute delay) ?
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