PDN 0.48% $12.48 paladin energy ltd

this is so painful , page-26

  1. 440 Posts.
    I am not sure if Australian can access to other U companies. I learned the hard lesson. I should have invested in leaders like Cameco or Dension Mines. They can survive from the downturn and actually benefit from the downturn when the weak ones fail. I thought PDN SP was cheap and always came back to it. And I got burnt again and again. Look at the SP of Cameco or even Dension Mines. Their SP over the last 2 years maintain or even increase. The SP of PDN keep dropping again and again.

    I have already reallocated my money to the other more healthy U companies. I think they will benefit when U price recover slowly. PDN is a big gamble. It will only recover if the U price rises above $45. That could take another 2 years. PDN may not survive until that point.

    Good luck to everybody....
 
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