the truth on pdn by shaw stockbroking, page-2

The report confirms that PDN has significant upside,the reason being not only does Paladin retain an extensive portfolio of uranium assets,the shift from many countries towards nuclear power,such as the US ,and the European Unions (EU) declaration that nuclear energy must be involved in any stratergy to reduce carbon dioxide emissions,the uranium market will and is improving.
Under the Kyoto Protocol,the EU has promised to cut greenhouse gas emissions from burning fossil fuels such as oil and gas ,by 8% of 1990 levels by between 2008-2012.The Protocol seeks to curb emissions of gases like carbon dioxide from fossil fuels burnt in factories and cars that are blamed for blanketing the planet and driving up temperatures,raising sea levels and causing natural disasters.
Washington, D.C. - Senate Energy & Natural Resources Chairman Pete V. Domenici urged the United States to follow the leadership of the European Union by increasing production of nuclear enery to reduce U.S. dependence on natural gas and address climate change issues."Nuclear energy provides 20% of our electricity today,and does it WITHOUT emission of pollutants".

Uranium has a life all of its own,Paladin is in a unique position.