stock of the week

"Inside trader" stock of the week.

Stock Pick of the Week: Paladin Energy (PDN)

Paladin Energy (PDN) is a Uranium production company with projects currently in Australia and two operating mines in Africa. Since 1998, during a period of sustained downturn in global uranium markets, Paladin accumulated a quality portfolio of advanced uranium projects each having production potential.

The Companys projects include Langer Heinrich Project, Kayelekera Project, Bigrlyi Project, Angela Uranium Project, Manyingee Project and Oobagooma Project. The Langer Heinrich Project is located in the Namib Desert, 80 kilometers east of the seaport of Walvis Bay and about 40 kilometers south-east of Rossing uranium mine (Rossing Project). The Kayelekera Project is located in northern Malawi, 52 kilometers west of the provincial town of Karonga.


The future of Nuclear Energy

Communities around the world are confronting difficult energy choices.

Volatile oil prices are a warning that the era of cheap and abundant transport fuel may be drawi ng to a close. Universal concern about climate change and the impact of global warming is forcing a re-appraisal of the use of carbon-emitting fossil fuel in the energy generation sector of most economies. Rapid and massive economic growth in China and India, and significant economic reform in Eastern Europe and parts of Latin America are increasing demand for global energy fuels as well as driving up the prices of raw materials and food. In this context it is no surprise that nuclear energy is emerging as the major low cost, reliable, low carbon, large scale energy technology for the 21st century.
Cheers PB