PDN 2.20% $12.08 paladin energy ltd

unbelievable negativity, page-46

  1. 3,135 Posts.
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    I've lost money on PDN like every other investor - my decision my loss avg ~ 29c. I did think that U was due for a rally and it probably will at some stage but in the long intervening period there is no return, dilution / capital raising and capital loss. Anyone invested in PDN has made a bad call and any investor thinking they were getting in cheap (as I did) has just been plainly and simply wrong. The opinion of my unnamed nuke expert is that a significant upturn in U price is probably years away - this is a deterioration from his thinking 12 months ago when he thought a possible U price recovery was 18 months away. If PDN is not making money now including servicing its debt then there will be more CRs or worse to come. If you are still in PDN then consider that what you have in this point could be lost. It always was and now more than ever is a spec stock by my criteria.
 
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