Rick Rule in the most recent 'Rule Classroom' said that Paladin was greatly undervalued. He elaborated by saying that the Fission share price at the time of the acquisition by Paladin has not improved, (now paladin)so it would seem that the Langer Heinrich mine was a gift. Given all the positive uranium news since and the improved performance of most uranium mining companies, Paladin appears to be very cheap. Interestingly, he also said that the huge deposit paladin now has beside 'nexgen', he thinks they would be crazy not to come to an infrastructure working agreement to share costs. He also thinks that at some stage the possibility of acquisition would have to be considered by nexgen
PDN Price at posting:
$7.36 Sentiment: Buy Disclosure: Held
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