Trading halt - hmmm, page-52

By the time the utilities declare their position on upcoming uranium contracting uranium will be at $50/lb and the shares of near-term producers will have doubled, due to the leverage.

I've been in and out of PDN over the years, and post recent debt restructuring, jumped in recognising this was likely the start of the next upleg. Its barely been a couple of days and I'm already up 15%, but this is just warming up. By the time every Tom, Dick and Harry sees the pending uranium shortage, prices will have moved substantially.

People with limited knowledge of the industry suggest the price of uranium moving to $50 or $60 is a longshot, however, one thing they don't realise is that uranium only represents 2-4% of the ongoing costs for a nuclear plant, and therefore when nuke plants are securing supply, they will pay whatever they have to to ensure they are all fuelled up.

I'm also following a few juniors but like PDN b/c of LH.