thoughts from an agm

Well, having returned from the AGM some have asked for my thoughts.

OK - Westsurf's view.

1. J Borshoff from PDN was at the AGM - spectator lets say.

2. Rob Anthony Healy (google it if you don't know who) was at the AGM.

3. Leon Pretorious was his usual down to earth no BS style. They got drill rigs, geologists, all to JORC the Namibia resource. They're liquidating 'non-core' assets rather than poorly cover the important assets.

4. Drilling in Namibia could confirm both a Rossing style mineralisation and a another Paladin "langer' calcite minerisation.

5. Overheard JB say the only 3rd tier uranium groups are DYL, UEX (Canada) and Aurora (Sorry - who?).

Well that's about it.

Well no - Mr Healy in many words effective suggested that all those types that trade and are happy with 100% and all the stress are wasting their time. Buy cheap, back the management, work out where the share should go, buy the amount of shares to make the money you want when at that price you believe they should be. Even if it means putting everything you have or can afford.

A true Buffet follower :)