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Paladin Resources Ltd.
building steam?
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Topic: building steam? (Read 1209 times)
Depleted
Guest
building steam?
«
on:
February 05, 2008, 01:14:18 PM »
I am seeing what looks like a solid right side pennant developing with a good chance of an upside breakout in the next 2-3weeks. This technical formation is quite reliable. They recently released news that the power outages in SA will not affect the Langer Heinrich producing mine in Namibia. What the story will be when it breaks out (my 2 cents anyway) will be is anyones guess, but I do see light at the end of the adit for this one...fairly soon, too. Thoughts team?
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Dr George
Jr. Member
Posts: 86
Re: building steam?
«
Reply #1 on:
February 05, 2008, 02:38:28 PM »
Takeover by cameco.
They have the cash and need diversification into South Africa, Australia.
Cameco has been making really garbage moves in the last few years regarding M&A activity. It invested in WUC and UNI with both being big losing investments.
The rest of the industry has been consolidating, but the biggest uranium player in the world has basically been on the sidelines. It is time to make a splash and PDN is the only u producer that has met or exceeded production guidelines.
With the share price of PDN being down so much, now is the best time for a takeover announcement.
Also, with PDN bringing on Keyelerka??? at the end of this year, they will need additional cash. Cash they currently are strapped for.
Accumulate your positions now!
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Depleted
Full Member
Posts: 106
Uraniums starting to move?
«
Reply #2 on:
September 16, 2009, 10:39:22 AM »
Hi all, been watching from afar, on and off, I am rebuilding my house and lots of landscaping, so not much time on the kybI think "the Uraniums are baaaaaaack."
The sector-leading time-trending Paladin is showing signs of near term completion of its recent consolidation, and "hints" of an upside breakout are very near. Patience should pay off here. It has been a while, and I hope I am correct, if not....a fast exit strategy...here is the chart. Cheers to all....D
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" Lesson number two is to learn what most investors never do; that you cannot consistently make money in the market by reading today's fundamentals" - Stan Weinstein
jjj000
Hero Member
Posts: 1290
Re: building steam?
«
Reply #3 on:
September 16, 2009, 12:10:51 PM »
well, well, well... good to see you again, sir!
Nice symmetrical triangle//pennant forming there... usually continues prior move... stress on usually
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sunseeker
Hero Member
Posts: 1292
Stirred not Shaken
Re: building steam?
«
Reply #4 on:
September 17, 2009, 06:25:15 AM »
Hi Depleted
I just noticed that you renewed your membership.
That's really good news. It's great to hear from you again.
Another good omen as regards a uranium revival?
I hope so.
You'll have do start doing some serious posting to loose that newbie status now (unless JDH can add previous postings back on somehow).
ATB
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