PDN 5.49% $7.69 paladin energy ltd

THE SQUEEZE IS ON, page-16

  1. 484 Posts.
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    Sprott Physical Uranium Trust Fund (SPUT) price is up 1.72% overnight in Toronto.

    It appears to me that the BOTs are trying hard to keep it under the SPP price 72c for the big players to get in.

    Considering the following fundamental factors:
    1. Tension in the Russia & Ukraine conflict is escalating at this point.
    At the moment - sanctions are not imposed on Russia's uranium yet.
    If Putin declares war overnight in 'victory day', Europe might impose a sanction on Russia's uranium???

    2. Governments over the world are considering to restart the nuclear power plants in order to meet the carbon emission target.

    3. International funds like SPUT are stockpiling Uranium...

    Given that the SPP was heavily oversubscribed at 72 cents, it is almost unbelievable that it the share price is pushed under 72c.

    In my opinion, its only a matter of time when PDN rebounds back to 80c+ territory.

    DYOR.
    Last edited by thecsguy: 09/05/22
 
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