Palidine PDN

[geo]

It looks like a new bull market in uranium has started and almost nobody here seems to be paying attention. I already made good money on UUUU last year and Cameco this year. Lately, I've been buying Sprott Uranium and CanAlaska.
I haven't done any serious due diligence on Paladin. The chart you posted looks a lot like many other uranium stock charts and if it's like the last bull market in uranium...

[rogerklam]

PDN.AX broke out to 52 wk high again, all I am looking is only $2.

[rogerklam]

Presentation from PDN.AX
https://www.asx.com.au/asxpdf/20200415/ ... v9lwn5.pdf

[rogerklam]

https://www.asx.com.au/asx/share-price- ... ompany/pdn

Paladin to Optimise Langer Heinrich for Restart Decision

[rogerklam]

From quarter activities report
https://www.asx.com.au/asx/share-price- ... ompany/pdn

URANIUM MARKET
The TradeTech weekly spot price average for the September quarter was US$25.82/lb, an 18% increase
compared to the June quarter and a 27% increase compared to the September 2017 quarter. Following on from
Cameco’s production announcement and amidst robust purchasing activity, spot prices continued strengthening
reaching $27.65/lb at the end of September 2018.
On 25 July 2018, Cameco announced an indefinite extension to the suspension of production at its McArthur
River/Key Lake operation. The announcement, referencing challenging market conditions, removes an additional
3Mlb of supply in 2018 and as much as 20Mlb p.a. from 2019 onwards. Spot market volumes have remained at
historically high levels exceeding the previous annual record level (from 2011) by late-August and currently
standing at 72Mlb.
The US Department of Commerce announced mid-July the launch of a Section 232 investigation into whether US
uranium imports are a threat to national security. Further market intervention in support of threatened nuclear and
coal power plants is also being pursued by the US government. Both initiatives have the potential to positively
impact forward uranium prices.
The co-owners of the Vogtle new-build project in the southern US voted to continue construction in late-September.
The vote was triggered in light of cost overruns for the two new units which are the first new nuclear plants to be
built in the US in over 30 years. The units are expected to come into service in 2021 and 2022 respectively.
Yours faithfully
Paladin Energy Ltd

P.S. I do have a position

[rogerklam]

Resume trading today at 1/10 of the value or less. The price to pay to be early and highly leverage. In the hindsight, I should just stick to nxe.to. You can be early but you have to stick to a strong one.
http://www.proactiveinvestors.com.au/co ... 91682.html

[rogerklam]

Resume trading today at $.065.
https://www.stockwatch.com/News/Item.as ... N&region=C

[atlevan]

Time-to-get-serious-about-nuclear-power

http://www.ozy.com/pov/time-to-get-seri ... ower/75736

[rogerklam]

http://www.theaustralian.com.au/busines ... 248d471018

One of the world’s biggest independent sources of uranium could fall into Chinese government hands at a knockdown price, with the state-owned giant China ­National Nuclear Company dangling an axe over Paladin Energy and its $US362 million ($471m) debt restructuring.

[rogerklam]

make me nervous during the U correction phase.

[steelpiston71]

Halted...

[rogerklam]

It is worth your time to view the presentation. Just a few minutes.
14/02/2017 31 December 2016 Half Year Conference Call Presentation
http://www.asx.com.au/asx/statistics/di ... d=01828297

[steelpiston71]

I know someone with 250K shares of PDN.TO, at about 10 cents avg. 5-7 timeframe, looking for $6 to $8 before selling !

[rogerklam]

The chart pattern for PDN.AX is like cup and handle and the vol is great for the today and yesterday.
http://bigcharts.marketwatch.com/advcha ... e&state=14
yahoo historic price
https://finance.yahoo.com/quote/PDN.AX/history?p=PDN.AX
I think the resolution with the Bond holders is near. Once this is resolved, I do expect the price is going higher than $.15. JMHO
P.S. I do own a humble postion and is in the money right now

[rogerklam]

9M shares trade in TSE today and the stock is trading as high as $.14. The stock is gaining momo. Finally I have a small paper profit on this one..
http://stockcharts.com/h-sc/ui?s=PDN.TO ... 6725137929
Hopefully the short term liquidity problem will resolve in the near future.