bigpappi, I heard the same arguments against FMG on hotcopper...

bigpappi, I heard the same arguments against FMG on hotcopper from many many posters not all that long ago when it was around $3 or less. They were wrong. Paladin has strategic assets just like FMG. Maybe PDN share price is going lower, maybe it's going higher. From a company stand point they are bringing costs down significantly and will inject dollars into their balance sheet with a partial sale of LH. I think I will believe the company in this instance thanks.

I'm sitting on a small/medium size loss at the moment, but just because you're losing money does not mean you should sell a company down the toilet. I've held shares in other companies from 30 and 40 cents only to watch them go to 6 cents, despite from a company point of view everything was getting better. you could barely give them away at that level. sure enough when the tide turned got them all out well above $1.