uptrend, page-9

K
The 150m was well documented that it was coming to ease short term debt but there is other l/t debt thats the problem along with profit margin atm thats determined by the low U price.atm Throw in the recent antics and noise making from the Government opposition towards one of the African mines and there is not a lot of other positives to drive the share price higher.imo

Until there is a positive sustained move up for the Uranium price as a result of supply and demand in line with the number of proposed nuclear reactors being built and then coming on line around the world then investors will remain cautious about uranium stocks,particularly PDN.

12 months time and a clearer picture will be known about Nuclear Energy and the role it plays around the world. Barring any unforseen events,there will be no denying or turning back from Nuclear Energy. The juggernaut will be too hard to reverse.

No one knows whats around the corner for PDN but its well positioned in the scheme of Uranium production going forward imo and because of that is a short term play for a takeover.

When it comes the upside is there for PDN's shareprice, timing that is a problem for some who want in atm? For the long term holders its all about frustration of knowing what is coming but no definitive timeframe because of setbacks(from Weather events) with the Nuclear Industry and the following scare campaigns by the Greens movement.

imo Any Country dominated by the Greens ideals will go backwards in its standard of living, Australia is headed that way atm.!

I'm not posting anything new that followers of PDN or other U stocks dont already know.

Are we right or wrong with buying or holding PDN shares?!

Time is always the answer and hopefully the next 12 months will bring about positive change and sentiment for Uranium and Nuclear Energy.

Md