PDN 0.12% $8.30 paladin energy ltd

Uranium boom, page-3

  1. 375 Posts.
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    Kenso, I hear what you're saying and our logic would tell us, that demand will (or at the very least should) outstrip supply.
    As a solid proponent of uranium, I've held uranium stocks for a long, longtime now. I've seen the rise, fall and the muddle uranium stocks are in now, over this time.

    Take look back over the similar stories, over the past 5 years, it's the same, same, the only thing that's changed in your post, is the number of plants requiring product, that has increased, albeit dramatically.

    I then have to ask the question, where have these plants got there start up and running stock from? Certainly not from, any of the several uranium companies I hold stocks in, including PDN.
    This is supported by there low profits, plants on care and maintenance and low share prices. Along with a very low uranium price.
    Take a look at a graph, the price hasn't increased significantly, certainly not as reported it would.

    I continue to hold uranium stocks and will build share numbers at the appropriate time.

    Interesting times ahead.

    Enjoy your weekend.

    DYOR
 
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