tech/a
11th-January-2005, 09:25 PM
Another pullback opportunity(Missed by myself)
View Full Version : PDN - Paladin Resources
phoenixrising
11th-January-2005, 10:46 PM
Tech/a,
Is there good intra-day softtware that you know of to pick up these moves?
Cheers.
Is there good intra-day softtware that you know of to pick up these moves?
Cheers.
tech/a
12th-January-2005, 07:32 AM
I have Marketcast which is what Guppy uses.Its a bit pricey at $400 to purchase software and $180/mth.
Even so you still have to perform the scans.If your not in the office you cant do it.Ideally an auto scan at 1 hr intervals looking for stocks that have risen X% on Xvolume would be ideal.
I used to post the scans on REEF whenever I was at the office at scan time.
There wasnt much interest there as they dont play short term moves.
If interest is here Im happy to post the scan at say 10.30 SA time and say 2.30
Youll get.
% gain
Volume
Gap up %
From there you can check the charts (if you have intraday) Im happy to post the chart of most interest to myself.
But there are times Im not in the office so you could miss a few or they could be late by whatever.
If there is an interest then let me know.
Ill post one today and see what you think.
tech
Even so you still have to perform the scans.If your not in the office you cant do it.Ideally an auto scan at 1 hr intervals looking for stocks that have risen X% on Xvolume would be ideal.
I used to post the scans on REEF whenever I was at the office at scan time.
There wasnt much interest there as they dont play short term moves.
If interest is here Im happy to post the scan at say 10.30 SA time and say 2.30
Youll get.
% gain
Volume
Gap up %
From there you can check the charts (if you have intraday) Im happy to post the chart of most interest to myself.
But there are times Im not in the office so you could miss a few or they could be late by whatever.
If there is an interest then let me know.
Ill post one today and see what you think.
tech
doctorj
12th-January-2005, 08:51 AM
That'd be fantastic.
GreatPig
5th-July-2005, 05:18 PM
Finally, the breakout I've been waiting for.
May it live a long and prosperous life :D
Cheers,
GP
[Disclaimer: I hold]
May it live a long and prosperous life :D
Cheers,
GP
[Disclaimer: I hold]
GreatPig
18th-July-2005, 12:15 PM
After a bit of consolidation, up again. Currently at $1.41 as I write.
Cheers,
GP
[I hold]
Cheers,
GP
[I hold]
chansw
26th-July-2005, 09:28 PM
It closed at $1.78 today and has been go up quite a lot in the last few days. Anyone has any comment? Thank you.
GreatPig
26th-July-2005, 11:08 PM
My only comment is :D :xyxthumbs :bananasmi
Cheers,
GP
Cheers,
GP
GreatPig
1st-August-2005, 07:31 PM
Seems to be forming another small triangle now. If I remember correctly, a top-side breakout would have a target of around $2.20 or so. If it fails, I'm outta there. :D
Cheers,
GP
Cheers,
GP
tech/a
1st-August-2005, 09:07 PM
GP.
Havent been following this!! Glad to see your getting a great ride!!
Isnt this a great example of whats considered too late to get on.
After I posted the fact that I thought I'd missed it I promptly forgot about it and from there up 100%. :sly:
Dont know that I'd be in such a rush to leave if in your position GP.
Havent been following this!! Glad to see your getting a great ride!!
Isnt this a great example of whats considered too late to get on.
After I posted the fact that I thought I'd missed it I promptly forgot about it and from there up 100%. :sly:
Dont know that I'd be in such a rush to leave if in your position GP.
GreatPig
1st-August-2005, 09:44 PM
Dont know that I'd be in such a rush to leave if in your position GP.
I'm in no rush as long as it keeps going up. :D
Since my gains on this one form a significant percentage of my total portfolio gain at the moment, I don't want to risk losing too much of it. I think it looks fairly solid at the moment though, and unlikely to do what Summit did and lose most of the recent gains in one or two days, so I'm prepared to give it a bit of lee-way.
Still, I think a significant drop down at this point wouldn't be a good sign.
Cheers,
GP
I'm in no rush as long as it keeps going up. :D
Since my gains on this one form a significant percentage of my total portfolio gain at the moment, I don't want to risk losing too much of it. I think it looks fairly solid at the moment though, and unlikely to do what Summit did and lose most of the recent gains in one or two days, so I'm prepared to give it a bit of lee-way.
Still, I think a significant drop down at this point wouldn't be a good sign.
Cheers,
GP
andrew_c2o
1st-August-2005, 09:58 PM
I can see the RSI is now above 70, this could indicate it will drop? Unless you don't use RSI :)
GreatPig
1st-August-2005, 10:09 PM
I think RSI is mainly useful in sideways-ranging stocks or moves against the main trend. For moves in the direction of the main trend, particularly a strong trend, I'd expect the RSI to be pretty high at times without considering the stock over-bought.
Just my opinion of course.
Cheers,
GP
Just my opinion of course.
Cheers,
GP
tech/a
2nd-August-2005, 07:50 AM
Any momentum oscillator,RSI,Stochastic,Williams R should ONLY be used in the direction of the trend. So if bullish your looking for oversold------buy opportunities.To use an overbought signal as a sell would 9 times out of 10 find you selling prematurely.
However divergence should be veiwed with caution.
GP is correct in their use during times of ranging,but here correct time settings (Coinciding with the ranging cycles) work best.
However divergence should be veiwed with caution.
GP is correct in their use during times of ranging,but here correct time settings (Coinciding with the ranging cycles) work best.
GreatPig
2nd-August-2005, 08:39 AM
Any momentum oscillator,RSI,Stochastic,Williams R should ONLY be used in the direction of the trend. So if bullish your looking for oversold------buy opportunities.
I think you're saying the same as what I meant :D
To be oversold during an uptrend, the stock must have had a short-term fall, which is what I meant by RSI being useful against the direction of the main trend (ie. looking for the bottom of a short-term fall when the main trend is up).
However divergence should be veiwed with caution.
In one of Daryl Guppy's recent newsletters, he mentioned that RSI divergence was a fairly reliable signal (for a change in price direction). Supposedly that was one of the main indicators he used to pick the market peak back in March and switch to short positions.
Cheers,
GP
I think you're saying the same as what I meant :D
To be oversold during an uptrend, the stock must have had a short-term fall, which is what I meant by RSI being useful against the direction of the main trend (ie. looking for the bottom of a short-term fall when the main trend is up).
However divergence should be veiwed with caution.
In one of Daryl Guppy's recent newsletters, he mentioned that RSI divergence was a fairly reliable signal (for a change in price direction). Supposedly that was one of the main indicators he used to pick the market peak back in March and switch to short positions.
Cheers,
GP
tech/a
2nd-August-2005, 09:11 AM
Sorry
GreatPig
3rd-August-2005, 12:27 PM
I was a bit concerned about the end-of-day push down yesterday, and when it opened lower again this morning and broke through my $1.67 limit, I sold out.
Got $1.66, which I'm happy with. Current price is $1.58, although it has been down to $1.505 at some stage.
Cheers,
GP
Got $1.66, which I'm happy with. Current price is $1.58, although it has been down to $1.505 at some stage.
Cheers,
GP
GreatPig
20th-September-2005, 12:11 PM
I jumped back on this one in mid-August for $1.68 and it's smokin' again!
Up 10%-11% today as I write, currently $2.45.
I don't know what they're doing right, but I'm certainly not complaining :)
Cheers,
GP
Up 10%-11% today as I write, currently $2.45.
I don't know what they're doing right, but I'm certainly not complaining :)
Cheers,
GP
Kauri
3rd-November-2005, 06:21 PM
May amount to nothing but a small triangle is forming.
keepitreal
3rd-November-2005, 07:13 PM
a triangle with a rising bottom is always good.. aswell as a powerful reversal 9 periods ago.
I think the previous bearish trend is over which is evident in both the weekly and daily chart.
macd has just crossed in the dailies
If volume continues to increase as well as the price going north of 2.05 i will consider buying the share.
I think the previous bearish trend is over which is evident in both the weekly and daily chart.
macd has just crossed in the dailies
If volume continues to increase as well as the price going north of 2.05 i will consider buying the share.
keepitreal
4th-November-2005, 10:58 AM
in my previous thread i meant the price going above 2:15.. not 2:05
Kauri
4th-November-2005, 11:49 AM
in my previous thread i meant the price going above 2:15.. not 2:05
I was on yesterday ( on anticipation of triangle break ) at $2.01 via cfd's @ 10%, out today at $2.20.. if it comes back to the $2.14 support and looks like moving up from it I may take another bite.
I was on yesterday ( on anticipation of triangle break ) at $2.01 via cfd's @ 10%, out today at $2.20.. if it comes back to the $2.14 support and looks like moving up from it I may take another bite.
keepitreal
4th-November-2005, 04:58 PM
Kauri, do you find CFD's much better than trading the actual stock?
i have got into CFD's yes but i'm think about it.
i have got into CFD's yes but i'm think about it.
Kauri
4th-November-2005, 07:41 PM
Kauri, do you find CFD's much better than trading the actual stock?
i have got into CFD's yes but i'm think about it.
When CFD's are available in a stock that I am very confident of and I am looking to capture a quick, relatively small s/p movement I use them, both long and short, to lever a small gain into a larger one. I use very tight stops, watch it on an intra day chart, never get greedy, and rarely stay in overnight and never over weekends. Leverage can mean massive losses, especially in the current market. I don't mind a punt on the horses, but never on the stock market. :D
i have got into CFD's yes but i'm think about it.
When CFD's are available in a stock that I am very confident of and I am looking to capture a quick, relatively small s/p movement I use them, both long and short, to lever a small gain into a larger one. I use very tight stops, watch it on an intra day chart, never get greedy, and rarely stay in overnight and never over weekends. Leverage can mean massive losses, especially in the current market. I don't mind a punt on the horses, but never on the stock market. :D
TheProphet
5th-November-2005, 10:13 AM
Uranium up 6% this month.
Chief Wigam
5th-November-2005, 03:14 PM
Prophet,
Would you be able to let me know where you got that stat from? I am following another stock (CMR) and would like to know.
Cheers.
Would you be able to let me know where you got that stat from? I am following another stock (CMR) and would like to know.
Cheers.
Kauri
5th-November-2005, 07:06 PM
Prophet,
Would you be able to let me know where you got that stat from? I am following another stock (CMR) and would like to know.
Cheers.
http://www.uxc.com/review/uxc_prices.html
Would you be able to let me know where you got that stat from? I am following another stock (CMR) and would like to know.
Cheers.
http://www.uxc.com/review/uxc_prices.html
Kauri
7th-November-2005, 11:15 AM
PDN has, according to my charting, followed a parabola twice recently on breaking from a triangle.. ( chart in post 19 in this thread ). It may be shaping up to do it again. Also, a slim possibilty, but she may use the triangle as a short term reversal along the lines of RSG. ( I am biased as I have a small holding in my med. term portfolio picked up on 21 Oct on the strong bounce from med term trend line,as seen on chart in post 19 ) :D
Meso1973
8th-November-2005, 05:33 AM
missed out on the rise again....pooo....oh well - next time perhaps.
results of their recent resource drilling at Langer (about 12km worth of drilling) is supposed to be announced in 'early Nov', which might explain the rise in sp over past week or so........as it is expected that the results will increase the overall resource base......
results of their recent resource drilling at Langer (about 12km worth of drilling) is supposed to be announced in 'early Nov', which might explain the rise in sp over past week or so........as it is expected that the results will increase the overall resource base......
keepitreal
10th-November-2005, 03:44 PM
Whats the deal PDN, a good report comes out as well as uranium prices rising.. good technicals too but people are selling.. Is there something I'm missing or are people just selling the news?
tarnor
10th-November-2005, 04:08 PM
An ann with a possible increase to thier U resource has been talked about for a while, with nice run up to ann....
just the usual sell on fact scenario i'd suspect.. seemed like a good ann though once its processed and short term profits are taken great chance it will head north stongly again.. imho
all guesses though :D
just the usual sell on fact scenario i'd suspect.. seemed like a good ann though once its processed and short term profits are taken great chance it will head north stongly again.. imho
all guesses though :D
keepitreal
10th-November-2005, 04:59 PM
there wasn't too much volume.. as long as it stays above the 212 mark it should be alright.
i got a good feeling about it still.. i got in at 222 on friday
i got a good feeling about it still.. i got in at 222 on friday
GreatPig
19th-January-2006, 03:59 PM
Got it wrong again, Dad :(
Bought PDN a couple of days ago for $2.55. Yesterday it dropped 9.4% to $2.31. This morning it hovered around there for a while, going down a little then up a bit then down again, so I sold when they were $2.32, fearing they might fall further.
Right now they're $2.60 :banghead:
A 9% loss in two days, when if I'd held them for another few hours I'd now be sitting on a 2% gain.
When there's only two possible ways something can go, why is there a 95% chance of picking the wrong direction? :confused:
Cheers,
GP
Bought PDN a couple of days ago for $2.55. Yesterday it dropped 9.4% to $2.31. This morning it hovered around there for a while, going down a little then up a bit then down again, so I sold when they were $2.32, fearing they might fall further.
Right now they're $2.60 :banghead:
A 9% loss in two days, when if I'd held them for another few hours I'd now be sitting on a 2% gain.
When there's only two possible ways something can go, why is there a 95% chance of picking the wrong direction? :confused:
Cheers,
GP
michael_selway
19th-January-2006, 08:31 PM
Got it wrong again, Dad :(
Bought PDN a couple of days ago for $2.55. Yesterday it dropped 9.4% to $2.31. This morning it hovered around there for a while, going down a little then up a bit then down again, so I sold when they were $2.32, fearing they might fall further.
Right now they're $2.60 :banghead:
A 9% loss in two days, when if I'd held them for another few hours I'd now be sitting on a 2% gain.
When there's only two possible ways something can go, why is there a 95% chance of picking the wrong direction? :confused:
Cheers,
GP
hehe yeah happens all the time
btw it seems to have formed a double bottom PDN
Bought PDN a couple of days ago for $2.55. Yesterday it dropped 9.4% to $2.31. This morning it hovered around there for a while, going down a little then up a bit then down again, so I sold when they were $2.32, fearing they might fall further.
Right now they're $2.60 :banghead:
A 9% loss in two days, when if I'd held them for another few hours I'd now be sitting on a 2% gain.
When there's only two possible ways something can go, why is there a 95% chance of picking the wrong direction? :confused:
Cheers,
GP
hehe yeah happens all the time
btw it seems to have formed a double bottom PDN
Prospector
20th-January-2006, 12:05 PM
Got it wrong again, Dad :(
Bought PDN a couple of days ago for $2.55. Yesterday it dropped 9.4% to $2.31. This morning it hovered around there for a while, going down a little then up a bit then down again, so I sold when they were $2.32, fearing they might fall further.
Right now they're $2.60 :banghead:
A 9% loss in two days, when if I'd held them for another few hours I'd now be sitting on a 2% gain.
GP
I think you sold on a day when everything was going south! Your initial assessment was good - PDN, after some recent dips to around $1.80, will surge. You bought in on the surge up so that is OK. Then on 1 day everything fell, so you panicked and sold! That might have continued the next day too, and if it had, you correctly 'stopped your loss' so that would have been the right thing to do. Except, during the night the US markets improved again on good financials, so instead of continuing the downward trend most stocks in the ASX rebounded and continue to do so today.
You need to isolate the general company trend (eg uranium company and uranium is now positive) from the general market trend. If you are confident in the company you bought in to, then you have to try and ignore (to some extent) what the overall market is doing. On days like Wednesday I dont look at the market at all or else I might have sold the lot!
(I should add I have held PDN from the time they were 11c and have watched it during the peaks and troughs and feel like I know it pretty well now!)
Bought PDN a couple of days ago for $2.55. Yesterday it dropped 9.4% to $2.31. This morning it hovered around there for a while, going down a little then up a bit then down again, so I sold when they were $2.32, fearing they might fall further.
Right now they're $2.60 :banghead:
A 9% loss in two days, when if I'd held them for another few hours I'd now be sitting on a 2% gain.
GP
I think you sold on a day when everything was going south! Your initial assessment was good - PDN, after some recent dips to around $1.80, will surge. You bought in on the surge up so that is OK. Then on 1 day everything fell, so you panicked and sold! That might have continued the next day too, and if it had, you correctly 'stopped your loss' so that would have been the right thing to do. Except, during the night the US markets improved again on good financials, so instead of continuing the downward trend most stocks in the ASX rebounded and continue to do so today.
You need to isolate the general company trend (eg uranium company and uranium is now positive) from the general market trend. If you are confident in the company you bought in to, then you have to try and ignore (to some extent) what the overall market is doing. On days like Wednesday I dont look at the market at all or else I might have sold the lot!
(I should add I have held PDN from the time they were 11c and have watched it during the peaks and troughs and feel like I know it pretty well now!)
GreatPig
24th-January-2006, 12:32 PM
Now a couple of days later, just to rub salt into the wound, they're around $2.90 :banghead:
Heh... I know how to stop it. Perhaps I'll buy again... ;)
Cheers,
GP
Heh... I know how to stop it. Perhaps I'll buy again... ;)
Cheers,
GP
michael_selway
24th-January-2006, 12:34 PM
Now a couple of days later, just to rub salt into the wound, they're around $2.90 :banghead:
Heh... I know how to stop it. Perhaps I'll buy again... ;)
Cheers,
GP
hehe
funny thing might be it may then drop back down to $2.50, then what do u do?
Heh... I know how to stop it. Perhaps I'll buy again... ;)
Cheers,
GP
hehe
funny thing might be it may then drop back down to $2.50, then what do u do?
nizar
24th-January-2006, 02:34 PM
i reckon pdn is a great stock 2 own for the long-term..
last week they released an announcement that they have a contract to supply a US company with uranium from Langer Heinrich...
these contracts will continue to flow no doubt btw now and september 2006, which is wen production starts and PDN will no longer be just an "explorer"...
the only thing abt PDN is that when it goes up, it goes up like 5% per day, but when it falls it really falls.. in october correction market fell about 7-8%, whilst PDN sp fell almost 40%..
so im kinda waiting for a correction, but u never know maybe PDN will be $4 by the time the market corrects and fall back to $2.90, which is where its at 2day....
GreatPig, if u wanna buy this one, hold on to it, in my opinion (from wat iv read about nuclear energy and also langer heinrich is the first new mine 2 open 4 a while and uranium demand will exceed supply at least until 2008)...itll b a winner in the long run..
last week they released an announcement that they have a contract to supply a US company with uranium from Langer Heinrich...
these contracts will continue to flow no doubt btw now and september 2006, which is wen production starts and PDN will no longer be just an "explorer"...
the only thing abt PDN is that when it goes up, it goes up like 5% per day, but when it falls it really falls.. in october correction market fell about 7-8%, whilst PDN sp fell almost 40%..
so im kinda waiting for a correction, but u never know maybe PDN will be $4 by the time the market corrects and fall back to $2.90, which is where its at 2day....
GreatPig, if u wanna buy this one, hold on to it, in my opinion (from wat iv read about nuclear energy and also langer heinrich is the first new mine 2 open 4 a while and uranium demand will exceed supply at least until 2008)...itll b a winner in the long run..
Prospector
24th-January-2006, 05:01 PM
Did you see how the sp FELL after the good announcement this afternoon - talk about instances of insider trading after its rises of the last few days :swear:
GreatPig
31st-January-2006, 11:17 AM
<sigh> ... $3.35 now.
Talk about the fish that got away.
GP
Talk about the fish that got away.
GP
Fab
21st-March-2006, 06:03 PM
Can anyone explain me how a share like PDN can go from 0.20 cents to $4 in 2 years time and where will it stop.
Amazing rise. Obviously this is a very speculative share.
Amazing rise. Obviously this is a very speculative share.
surelle
21st-March-2006, 06:42 PM
check out the other thread on the board called "how to explain pdn's stellar run"
Prospector
21st-March-2006, 08:20 PM
check out the other thread on the board called "how to explain pdn's stellar run"
:confused: Fab started that post :confused:
:confused: Fab started that post :confused:
Fab
21st-March-2006, 08:36 PM
Prospector. I have got a similar story as the one that you wrote on poseidon. Just wondering if your aunty's name starts with a G
surelle
21st-March-2006, 10:11 PM
:confused: Fab started that post :confused:
that's my point...fab needs to check the original thread that he/she started..
that's my point...fab needs to check the original thread that he/she started..
Prospector
21st-March-2006, 10:28 PM
Prospector. I have got a similar story as the one that you wrote on poseidon. Just wondering if your aunty's name starts with a G
Er,.......Maybe ;)
Er,.......Maybe ;)
nizar
26th-March-2006, 06:10 PM
Just a thought: PDN on january 2003, was 1c, and now its $4.53...
Thats 450times... makes a "10-bagger" look very ordinary...
DOes any1 agree with me that perhaps 450-fold in 39 months is a world-record maybe ?
I wonder if anything even comes close..?
ALso, people now are taking about the next paladin, some suggestions have been EXT, AEX, OMC, and RPT.... clearly PDN is the benchmark now..
But how about before Paladin..? WHen people first saw paladin, did they think: "Maybe this is the next ------ ? " WHat was the benchmark back then ?
Thats 450times... makes a "10-bagger" look very ordinary...
DOes any1 agree with me that perhaps 450-fold in 39 months is a world-record maybe ?
I wonder if anything even comes close..?
ALso, people now are taking about the next paladin, some suggestions have been EXT, AEX, OMC, and RPT.... clearly PDN is the benchmark now..
But how about before Paladin..? WHen people first saw paladin, did they think: "Maybe this is the next ------ ? " WHat was the benchmark back then ?
GreatPig
26th-March-2006, 07:58 PM
PDN on january 2003, was 1c, and now its $4.53
Yeah, it would've been nice to drop $10K on PDN back then. It would be worth $4.5m by now.
GP
Yeah, it would've been nice to drop $10K on PDN back then. It would be worth $4.5m by now.
GP
GreatPig
27th-March-2006, 11:01 AM
Just touched $5 this morning, although currently back around $4.87 which is 7.5% up today.
Is there no stopping this beast?
GP
Is there no stopping this beast?
GP
YOUNG_TRADER
27th-March-2006, 08:15 PM
GreatPig,
:eek: OMG I don't think there is any stopping it,
It must be trading on some crazy P/E ratio,
:eek: OMG I don't think there is any stopping it,
It must be trading on some crazy P/E ratio,
GreatPig
27th-March-2006, 08:27 PM
Since I'm away for a couple of weeks in a few days, I sold half my holding today. Depending on what it's looking like on Friday, I may sell down further or completely (I was holding a pretty big parcel before).
Cheers,
GP
Cheers,
GP
GreatPig
29th-March-2006, 10:36 AM
PDN surges up through $5 this morning. Currently $5.15 @ 5.5% up.
Cheers,
GP
Cheers,
GP
GreatPig
30th-March-2006, 04:24 PM
Sold out completely today, as I decided it would be too risky to hold while I'm away.
Sold some for $5.16, the rest for $5.10.
Hopefully it will be back around $4 when I get back and just starting to head up again :D
(more likely up around $7 knowing my luck!)
Cheers,
GP
Sold some for $5.16, the rest for $5.10.
Hopefully it will be back around $4 when I get back and just starting to head up again :D
(more likely up around $7 knowing my luck!)
Cheers,
GP
Jay-684
5th-April-2006, 01:53 PM
anyone know why PDN has gone down so much today?
suppose with the recent run it had to correct some time soon
suppose with the recent run it had to correct some time soon
powerkoala
5th-April-2006, 01:58 PM
Uranium sector starting sell off. Not only paladin, but most of uranium stocks down. Maybe it is a good time to restock?
nizar
5th-April-2006, 05:29 PM
anyone know why PDN has gone down so much today?
suppose with the recent run it had to correct some time soon
AGree, it was due for a correction, it started the year at about $2...
Actually in around mid-Feb, i remember seeing it around $2.78 - i was thinking wow good buying opportunity...
So yes due for a pull-back, OXR also had a breather today...
Powerkoala - Yes i think there is still some value (SAU, OMC) and great potential (OMC) but as always selectivity will be key...
suppose with the recent run it had to correct some time soon
AGree, it was due for a correction, it started the year at about $2...
Actually in around mid-Feb, i remember seeing it around $2.78 - i was thinking wow good buying opportunity...
So yes due for a pull-back, OXR also had a breather today...
Powerkoala - Yes i think there is still some value (SAU, OMC) and great potential (OMC) but as always selectivity will be key...
GreatPig
5th-April-2006, 11:37 PM
Looks like selling before I left might have been a good move after all :)
GP
(Currently in Okayama, Japan)
GP
(Currently in Okayama, Japan)
RichKid
5th-April-2006, 11:58 PM
Looks like selling before I left might have been a good move after all :)
GP
(Currently in Okayama, Japan)
Can't stay away from ASF GP!!?? Yep, it is wavering a bit, hard to sustain these vertical climbs, only a matter of time imho but these runs do last longer than expected, just look at how it's been accelerating. Hope the weather and the locals are treating you well (I'm sure they are).
GP
(Currently in Okayama, Japan)
Can't stay away from ASF GP!!?? Yep, it is wavering a bit, hard to sustain these vertical climbs, only a matter of time imho but these runs do last longer than expected, just look at how it's been accelerating. Hope the weather and the locals are treating you well (I'm sure they are).
Prospector
6th-April-2006, 08:28 AM
Hmm, I sold yesterday because I thought things had become a little overheated at the moment. Of course there was a last minute rally :swear: But am hoping to get back in again soon. I have traded PDN so much over the last 18 months or so - seemed like the right thing to do at the time. I started in at 11c and bought a nice swag - obviously PDN was one of those shares that if I had held that parcel today, I would be very nice swathed in diamonds! But it was a huge risk for me at the time, having only traded for a few months.
GreatPig
6th-April-2006, 08:53 PM
Can't stay away from ASF GP!!??
Well I don't have access to my charts at the moment, so I gotta look for comments on my stocks when I can :D
And yes, Japan has been going well so far. A little rain yesterday in Hiroshima (fortunately not black!) but otherwise good, and a beautiful day today at Himeji Castle with all the blossom trees out in flower - and, being the start of their blossom festival, entry today was free! What more could a tourist ask for? :D
I have to say though, after going through the atomic bomb museum yesterday, it does put a bit of a damper on one's enthusiasm for uranium.
Cheers,
GP
Well I don't have access to my charts at the moment, so I gotta look for comments on my stocks when I can :D
And yes, Japan has been going well so far. A little rain yesterday in Hiroshima (fortunately not black!) but otherwise good, and a beautiful day today at Himeji Castle with all the blossom trees out in flower - and, being the start of their blossom festival, entry today was free! What more could a tourist ask for? :D
I have to say though, after going through the atomic bomb museum yesterday, it does put a bit of a damper on one's enthusiasm for uranium.
Cheers,
GP
michael_selway
23rd-April-2006, 04:43 PM
Paladin banks on Africa
Date : 02/04/2006
Reporter: Alan Kohler
ALAN KOHLER: The hottest stock on the ASX at the moment is the uranium developer Paladin Resources, which is up five-fold since this time last year and 50-fold in a couple of years. Unlike the other prospectors that are going off like nuclear explosions on the sniff of an association with uranium, Paladin is unaffected by the ban on new mines in Australia, having left for the more favourable environment - for mining, that is - of Africa. I caught up with Paladin chief executive John Borshoff in Toronto this week during a investment roadshow.
Well, John Borshoff, you're now sitting on a company worth $2 billion, the main asset of which you bought for $15,000. How does that feel and how did it happen?
JOHN BORSHOFF, MANAGING DIRECTOR, PALADIN RESOURCES: It felt, even at the time when we bought it - I mean it was a major commercial decision because we only had about $50,000 in the bank. So we had to decide very carefully and even negotiate the price down somewhat so it could get into our affordability range. That just shows you how dead uranium was as late as 2002 and that nobody in the world was looking at uranium ever going through the sort of resurgence that it has. Now, looking in hindsight, I just feel, you know, that all that belief is being vindicated.
ALAN KOHLER: As you say, you've believed in uranium for a very long time. Did it ever waver? Did you ever think, "This is hopeless. It'll never happen"?
JOHN BORSHOFF: To tell you the truth, no. For a little while, we subsidised our effort by dabbling in the hi-tech boom, but we never gave up on our uranium assets. We maintained our capital base, we didn't have to restructure, and we sort of grew from that 0.8 of a cent, I think, to what we are today, all in a matter of - well, since November '03.
ALAN KOHLER: And has what has happened to Paladin exceeded your expectations?
JOHN BORSHOFF: When we were sitting at about $0.40, I made a prediction to my group that I thought in 4-5 years we would get to $1 billion and that seemed fantasy to my people. Whether it was $1 billion or $2 billion at that time, it was just, it was so absurdly high that everybody was saying, "Okay well, this guy is a bit silly anyway. "It's gone from $0.01 to $0.40". It's more the acceleration, I guess, that's taken so little time for the the swing to occur and it's essentially a rebound coming out of a 25-year stagnation.
ALAN KOHLER: Of course, what's happened to Paladin has spawned a lot of imitators and there's now a lot of hype around uranium in the market. What do you make of all the hype surrounding uranium now?
JOHN BORSHOFF: In 2002, or as late as early 2003, where there were not many people in in the uranium sector, then as prices started to move, as the other, other sort of metal - or the companies which were stagnating, they just essentially moved in on uranium both with legitimate reasons and opportunistic reasons and I think that when you marry that with the lack of general expertise in the world in uranium, a lot of it having died away in the 25-30 years, you have a situation where the ignorant are leading the blind in sort of a way - and I say that in terms of the market. I mean, anything that's put out in the market, everybody believes without discrimination, it appears.
ALAN KOHLER: Yeah, but are a lot of wild claims being made in the market now. What do you think of the claims?
JOHN BORSHOFF: Well, some of the claims are not based on what uranium pricing is today. Obviously, some of them must be on expectation that uranium will continue its climb and that maybe, you know, at significantly higher prices some of these deposits may come into economic sort of condition.
ALAN KOHLER: What do you personally think the uranium price is going to do over the next five years or so?
JOHN BORSHOFF: Oh, well, I believe that if you're looking at the uranium industry as it is now, and if your looking at the - commercial uranium has only been in existence for about 38 years and the nuclear electrification for that period and if you put that in a bracket looking over a 100-year period, you'll see that uranium at this stage only represents an embryonic part of what, I think, the nuclear industry will be in the future. So we're looking at a paradigm shift here and that paradigm shift has happened at the speed it's happened because the nuclear reactor utilities were working behind the scenes. It was an industry that nobody wanted to hear about. It just became more and more efficient, making electricity more cheaply and economically, and meanwhile, the supply industry was going the other way in terms of consolidation and going into a bunker of survival. So now you almost have a situation like that aircraft on an aircraft carrier where it's all sprung back ready to fire and you just let her go and it's just shooting upwards and onwards and I think that the price was $40 in 1978 - or $43 - now we're $42 in long term, and that $43 in 1978 represents about $106 today, and I see that there is room for significant increase in uranium pricing, and I believe -
ALAN KOHLER: To $100 again?
JOHN BORSHOFF: I think its not inconceivable. I think if the supply industry doesn't get its act together and really starts getting new mines on schedule over and above those which were known four years ago, I believe that there are supply squeezes up ahead, and those supply squeezes will be peaks over and above a rising trend in the price of uranium.
ALAN KOHLER: Is it ironic do you think that uranium is possibly that uranium is the only product in which Africa is a less risky place to look for it and mine it than Australia?
JOHN BORSHOFF: I think that's - you know people should really look in the mirror on this one. We made our decision in year 2000 that Australia, where we had two of our significant assets, posed a political risk for us and we had to diversify to that stable place called Africa and I think that the resource future in the sort of early 21st century belongs to Africa. Australia and Canada have become overly sophisticated. They measure progress in other aspects than economic development, and rightly so, but I think there has been a sort of overcompensation in terms of thinking about environmental issues, social issues, way beyond what is necessary to achieve good practice.
ALAN KOHLER: Do you believe that the restrictions on uranium mining in Australia will be lifted?
JOHN BORSHOFF: Undoubtedly. I think that you've got this remarkable thing happening between China and Australia and everybody thinks that this is just a China-Australia thing in the uranium industry. It's a global impact. It's a dynamic which is yet to fully impact in the global sense as the - that uranium that was earmarked from Australia to the western reactors. Part of that now conceivably can be seen moving north and that leaves a perception of a vacuum there to be filled in the mid- to long-term. I see that with China moving in - which is, by the way, it is the first time the old communist bloc, if you like, particularly in uranium, is engaging the western world. Russia hasn't done that yet.
ALAN KOHLER: And finally, you're due to commission your $15,000 mine in Namibia in September. That will be a red letter day, I guess?
JOHN BORSHOFF: Certainly will. It'll be the first new uranium mine that has been developed - the complete, conventional one - in 25 years and I think that is a very important occasion in the supply industry sort of catalogue, or will be, and I believe we'll be the only company that will complete a second mine before anybody else gets something on the drawing board.
ALAN KOHLER: I'll have to leave it there but thanks very much, John Borshoff.
JOHN BORSHOFF: Thank you.
http://www.abc.net.au/insidebusiness/content/2006/s1606504.htm
http://www.abc.net.au/reslib/200604/r79553_228683.asx
Date : 02/04/2006
Reporter: Alan Kohler
ALAN KOHLER: The hottest stock on the ASX at the moment is the uranium developer Paladin Resources, which is up five-fold since this time last year and 50-fold in a couple of years. Unlike the other prospectors that are going off like nuclear explosions on the sniff of an association with uranium, Paladin is unaffected by the ban on new mines in Australia, having left for the more favourable environment - for mining, that is - of Africa. I caught up with Paladin chief executive John Borshoff in Toronto this week during a investment roadshow.
Well, John Borshoff, you're now sitting on a company worth $2 billion, the main asset of which you bought for $15,000. How does that feel and how did it happen?
JOHN BORSHOFF, MANAGING DIRECTOR, PALADIN RESOURCES: It felt, even at the time when we bought it - I mean it was a major commercial decision because we only had about $50,000 in the bank. So we had to decide very carefully and even negotiate the price down somewhat so it could get into our affordability range. That just shows you how dead uranium was as late as 2002 and that nobody in the world was looking at uranium ever going through the sort of resurgence that it has. Now, looking in hindsight, I just feel, you know, that all that belief is being vindicated.
ALAN KOHLER: As you say, you've believed in uranium for a very long time. Did it ever waver? Did you ever think, "This is hopeless. It'll never happen"?
JOHN BORSHOFF: To tell you the truth, no. For a little while, we subsidised our effort by dabbling in the hi-tech boom, but we never gave up on our uranium assets. We maintained our capital base, we didn't have to restructure, and we sort of grew from that 0.8 of a cent, I think, to what we are today, all in a matter of - well, since November '03.
ALAN KOHLER: And has what has happened to Paladin exceeded your expectations?
JOHN BORSHOFF: When we were sitting at about $0.40, I made a prediction to my group that I thought in 4-5 years we would get to $1 billion and that seemed fantasy to my people. Whether it was $1 billion or $2 billion at that time, it was just, it was so absurdly high that everybody was saying, "Okay well, this guy is a bit silly anyway. "It's gone from $0.01 to $0.40". It's more the acceleration, I guess, that's taken so little time for the the swing to occur and it's essentially a rebound coming out of a 25-year stagnation.
ALAN KOHLER: Of course, what's happened to Paladin has spawned a lot of imitators and there's now a lot of hype around uranium in the market. What do you make of all the hype surrounding uranium now?
JOHN BORSHOFF: In 2002, or as late as early 2003, where there were not many people in in the uranium sector, then as prices started to move, as the other, other sort of metal - or the companies which were stagnating, they just essentially moved in on uranium both with legitimate reasons and opportunistic reasons and I think that when you marry that with the lack of general expertise in the world in uranium, a lot of it having died away in the 25-30 years, you have a situation where the ignorant are leading the blind in sort of a way - and I say that in terms of the market. I mean, anything that's put out in the market, everybody believes without discrimination, it appears.
ALAN KOHLER: Yeah, but are a lot of wild claims being made in the market now. What do you think of the claims?
JOHN BORSHOFF: Well, some of the claims are not based on what uranium pricing is today. Obviously, some of them must be on expectation that uranium will continue its climb and that maybe, you know, at significantly higher prices some of these deposits may come into economic sort of condition.
ALAN KOHLER: What do you personally think the uranium price is going to do over the next five years or so?
JOHN BORSHOFF: Oh, well, I believe that if you're looking at the uranium industry as it is now, and if your looking at the - commercial uranium has only been in existence for about 38 years and the nuclear electrification for that period and if you put that in a bracket looking over a 100-year period, you'll see that uranium at this stage only represents an embryonic part of what, I think, the nuclear industry will be in the future. So we're looking at a paradigm shift here and that paradigm shift has happened at the speed it's happened because the nuclear reactor utilities were working behind the scenes. It was an industry that nobody wanted to hear about. It just became more and more efficient, making electricity more cheaply and economically, and meanwhile, the supply industry was going the other way in terms of consolidation and going into a bunker of survival. So now you almost have a situation like that aircraft on an aircraft carrier where it's all sprung back ready to fire and you just let her go and it's just shooting upwards and onwards and I think that the price was $40 in 1978 - or $43 - now we're $42 in long term, and that $43 in 1978 represents about $106 today, and I see that there is room for significant increase in uranium pricing, and I believe -
ALAN KOHLER: To $100 again?
JOHN BORSHOFF: I think its not inconceivable. I think if the supply industry doesn't get its act together and really starts getting new mines on schedule over and above those which were known four years ago, I believe that there are supply squeezes up ahead, and those supply squeezes will be peaks over and above a rising trend in the price of uranium.
ALAN KOHLER: Is it ironic do you think that uranium is possibly that uranium is the only product in which Africa is a less risky place to look for it and mine it than Australia?
JOHN BORSHOFF: I think that's - you know people should really look in the mirror on this one. We made our decision in year 2000 that Australia, where we had two of our significant assets, posed a political risk for us and we had to diversify to that stable place called Africa and I think that the resource future in the sort of early 21st century belongs to Africa. Australia and Canada have become overly sophisticated. They measure progress in other aspects than economic development, and rightly so, but I think there has been a sort of overcompensation in terms of thinking about environmental issues, social issues, way beyond what is necessary to achieve good practice.
ALAN KOHLER: Do you believe that the restrictions on uranium mining in Australia will be lifted?
JOHN BORSHOFF: Undoubtedly. I think that you've got this remarkable thing happening between China and Australia and everybody thinks that this is just a China-Australia thing in the uranium industry. It's a global impact. It's a dynamic which is yet to fully impact in the global sense as the - that uranium that was earmarked from Australia to the western reactors. Part of that now conceivably can be seen moving north and that leaves a perception of a vacuum there to be filled in the mid- to long-term. I see that with China moving in - which is, by the way, it is the first time the old communist bloc, if you like, particularly in uranium, is engaging the western world. Russia hasn't done that yet.
ALAN KOHLER: And finally, you're due to commission your $15,000 mine in Namibia in September. That will be a red letter day, I guess?
JOHN BORSHOFF: Certainly will. It'll be the first new uranium mine that has been developed - the complete, conventional one - in 25 years and I think that is a very important occasion in the supply industry sort of catalogue, or will be, and I believe we'll be the only company that will complete a second mine before anybody else gets something on the drawing board.
ALAN KOHLER: I'll have to leave it there but thanks very much, John Borshoff.
JOHN BORSHOFF: Thank you.
http://www.abc.net.au/insidebusiness/content/2006/s1606504.htm
http://www.abc.net.au/reslib/200604/r79553_228683.asx
Fung
26th-April-2006, 11:41 AM
Seems like the price are flowing up and down between $5.0 to $5.1, any opinions?
Seems it's bit overpriced now....
Seems it's bit overpriced now....
Fab
26th-April-2006, 12:03 PM
Probably not such a bad thing :)
Fab
28th-April-2006, 02:58 PM
Big profit taking on PDN today
Fung
29th-April-2006, 09:41 AM
Big profit taking on PDN today
Big Profit????
Big Profit????
Fab
29th-April-2006, 10:52 AM
Yep. What I mean if you bought at $2 and sell at $4.50 you have double the money in less than 6 months. I am planning to buy more of this one soon as I believe their mine is going in prod sept06
michael_selway
28th-May-2006, 06:24 PM
Yep. What I mean if you bought at $2 and sell at $4.50 you have double the money in less than 6 months. I am planning to buy more of this one soon as I believe their mine is going in prod sept06
Earnings and Dividends Forecast (cents per share)
2005 2006 2007 2008
EPS -0.6 -1.3 15.3 26.4
DPS -- 0.0 0.0 --
it doesnt look too bad atm
thx
MS
Earnings and Dividends Forecast (cents per share)
2005 2006 2007 2008
EPS -0.6 -1.3 15.3 26.4
DPS -- 0.0 0.0 --
it doesnt look too bad atm
thx
MS
Fab
31st-May-2006, 04:48 PM
Wow PDN up 7% again today in a market that was heavily in the red. Where is PDN going to stop. Production is due in Sept 06, look out for this rising star, I believe it is not finished yet
Knobby22
31st-May-2006, 05:07 PM
Being included on that international index would have helped.
I thought the company was unfairly treated in the recent downturn as it is really into energy not metals.
I thought the company was unfairly treated in the recent downturn as it is really into energy not metals.
Prospector
31st-May-2006, 05:19 PM
Glad it did fall for a while so I could top up at $3.90 :D :D
Fab
31st-May-2006, 05:54 PM
Yep topping up was definetely on the card for me when we had the downtrend but I did not have the money to do so :banghead:
michael_selway
31st-May-2006, 06:04 PM
Being included on that international index would have helped.
I thought the company was unfairly treated in the recent downturn as it is really into energy not metals.
I think people knew that already, but today was the official addition day
http://www.asx.com.au/asxpdf/20060531/pdf/3wz41cbbjwffl.pdf
ZFX, WOR, PDN, ABS, GFF being added to the MCIS Index
Morgan Stanley Capital International Inc (MSCI) World Standard Index Series for Australia in the Energy Industry Group sector.
http://www.msci.com/pressreleases/archive/MSCI_May06_STPR.pdf
thx
MS
I thought the company was unfairly treated in the recent downturn as it is really into energy not metals.
I think people knew that already, but today was the official addition day
http://www.asx.com.au/asxpdf/20060531/pdf/3wz41cbbjwffl.pdf
ZFX, WOR, PDN, ABS, GFF being added to the MCIS Index
Morgan Stanley Capital International Inc (MSCI) World Standard Index Series for Australia in the Energy Industry Group sector.
http://www.msci.com/pressreleases/archive/MSCI_May06_STPR.pdf
thx
MS
scsl
14th-June-2006, 11:14 PM
PDN, as calculated* by AFR Smart Investor, was the best performing stock of the last decade. $1,000 invested in May 1996 would have turned into $56,977, a total average annual return of 50%! It also notes that $1,000 invested only five years ago would have returned $122,500!! :eek:
Going forward, it believes PDN should continue outperforming in the next decade. Hargreave Hale is quoted with a target price of $5.73...
If you'd put $1,000 on the next best performer Hardman Resources, it would be worth $48,511. In third, Toll Holdings would be valued at $47,797. JBM, CPU, COH, SHL, PRK, UGL & CSL round up the top 10.
So...any one held PDN or any of these 10 since then?? Nice job!
On the other end of the scale, the worst performing stcks were BPC, MRE, PMP, WYL & ANN, with BPC's return on $1,000 equaling $444. That's -8% p.a. for the last 10 years!
Cheers
*Assuming dividends are reinvested
Going forward, it believes PDN should continue outperforming in the next decade. Hargreave Hale is quoted with a target price of $5.73...
If you'd put $1,000 on the next best performer Hardman Resources, it would be worth $48,511. In third, Toll Holdings would be valued at $47,797. JBM, CPU, COH, SHL, PRK, UGL & CSL round up the top 10.
So...any one held PDN or any of these 10 since then?? Nice job!
On the other end of the scale, the worst performing stcks were BPC, MRE, PMP, WYL & ANN, with BPC's return on $1,000 equaling $444. That's -8% p.a. for the last 10 years!
Cheers
*Assuming dividends are reinvested
nizar
14th-June-2006, 11:59 PM
Paladin paid dividends??
But i agree, top company, metals/gold going down, but uranium up and up
Production soon..
But i agree, top company, metals/gold going down, but uranium up and up
Production soon..
scsl
15th-June-2006, 01:09 AM
Paladin has not paid dividends, but the top stocks calculation included reinvesting dividends where applicable.
nizar, where do you get your live uranium prices from? I get my gold and metals prices from both commsec and basemetals.com but haven't yet found quotes of the uranium price...
thx
nizar, where do you get your live uranium prices from? I get my gold and metals prices from both commsec and basemetals.com but haven't yet found quotes of the uranium price...
thx
nizar
15th-June-2006, 08:16 AM
http://www.uxc.com/review/uxc_Prices.aspx
Fab
15th-June-2006, 08:56 AM
It should be a good day today.
GreatPig
23rd-June-2006, 08:17 AM
Looks like we might have had a double bottom here, which pushed through the 50% Fib retracement level and is now building back up to the 38.2% level.
If completed, target upside is over $6 by my estimation. Needs to break through the downward channel it's been in for a while though.
Cheers,
GP
If completed, target upside is over $6 by my estimation. Needs to break through the downward channel it's been in for a while though.
Cheers,
GP
Fab
23rd-June-2006, 08:21 AM
Hopefully you are right. I am not going to sell PDN so for a while as they are planning to go to production in september and I believe this will push the price higher
chennyleeeee
25th-June-2006, 11:52 AM
Fundamentally, I hope the production levels are as high as the market expects them to be. Or else :banghead: For a 1.8 billion dollar company, you'll be expecting something like 100 million dollars. *fingers crossed*
CHEN
CHEN
kariba
28th-June-2006, 12:35 AM
Uranium will be a HOT sector in the next 12 months! - Quality uranium stocks like PDN will be the backbone of my portfolio.
cheers
cheers
chennyleeeee
28th-June-2006, 09:31 AM
Whats actually driving this market at the moment? Is it just investor interest or is there really something big going on? Is someone making bombs? Is China in need for more uranium? I hope it isnt another Poseidon at the top of everest.
CHEN
CHEN
kariba
28th-June-2006, 08:27 PM
Whats actually driving this market at the moment? Is it just investor interest or is there really something big going on? Is someone making bombs? Is China in need for more uranium? I hope it isnt another Poseidon at the top of everest.
CHEN
It's called "supply & demand"
- Dozens of nuclear power stations being built over the next 5 years
- Dwindling supply of ex-weapon uranium
- lack of uranium eploration & developement over the last 20 yearsleading to low supply
Hence the continued increase in the price of Uranium. Uranium stocks have fallen along with other resource stocks in the recent correction. Many were over-priced, but many have now become outright bargains
Choose well & heaps of cash to be made .... DYOR
cheers
CHEN
It's called "supply & demand"
- Dozens of nuclear power stations being built over the next 5 years
- Dwindling supply of ex-weapon uranium
- lack of uranium eploration & developement over the last 20 yearsleading to low supply
Hence the continued increase in the price of Uranium. Uranium stocks have fallen along with other resource stocks in the recent correction. Many were over-priced, but many have now become outright bargains
Choose well & heaps of cash to be made .... DYOR
cheers
Hopeful
29th-June-2006, 01:27 AM
PDN doesn't know whether it is Arthur or Marthar right now - similar story for the other resource stocks. It is like a coil spring being wound up and whe she lets go she will go up or down strongly. It has hot the 200-day EMA twice already, once more will be a Gann style triple banger with a higher probability of falling through.
Funny mentally this stock should fly in the coming years with China's nuclear power plant projects coming online.
Funny mentally this stock should fly in the coming years with China's nuclear power plant projects coming online.
Prospector
7th-July-2006, 01:25 PM
Trading Halt now - add AUM to this and soon I wont have any shares left to trade :eek:
kennas
7th-July-2006, 02:53 PM
Perhaps they'll fight for RPT?
x2rider
11th-July-2006, 05:29 AM
Hi Folks
Shares in Pdn dropped over night with an announcement that they are going to buy VUL in OZ .
Threy are offering $174 m for it
I hate trading halts like that :(
Cheers Martin
Shares in Pdn dropped over night with an announcement that they are going to buy VUL in OZ .
Threy are offering $174 m for it
I hate trading halts like that :(
Cheers Martin
Fab
11th-July-2006, 07:53 AM
What do you mean they drop. They are still in trading halt as far as I am concerned :eek:
x2rider
11th-July-2006, 07:35 PM
Hi there Fab
I read it on one of the news articles over night . And when I had read it , it had dropped about 5 %
Sorry about that. i am holding as well :(. And nobody likes to start the day with bad news
Cheers Martin
I read it on one of the news articles over night . And when I had read it , it had dropped about 5 %
Sorry about that. i am holding as well :(. And nobody likes to start the day with bad news
Cheers Martin
Fab
14th-July-2006, 07:24 AM
Thanks it looks like it bounced back since. I personally like PDN even if the PE is high. I also hold SEK which has a very high PE and everybody keeps on saying it is too high but both shares keep on raising. :)
dr00
31st-August-2006, 12:59 PM
so what do we make of the recent news regarding valhalla and the court proceedings with summit? the market doesnt seem too worried...
GreatPig
31st-August-2006, 01:27 PM
Don't know, but PDN seems to have shifted from a down-trending channel to an up-trending one now.
GP
GP
Fab
31st-August-2006, 01:49 PM
How do you translate these red and green sticks ?? :banghead:
kennas
31st-August-2006, 02:18 PM
How do you translate these red and green sticks ?? :banghead:
This is a good site Fab:
http://stockcharts.com/education/ChartAnalysis/candlesticks.html
This is a good site Fab:
http://stockcharts.com/education/ChartAnalysis/candlesticks.html
stink
31st-August-2006, 02:28 PM
How do you translate these red and green sticks ?? :banghead:
Trading Secrets by Louise Bedford
she's mad on the candles,very good explanations of them to!
Trading Secrets by Louise Bedford
she's mad on the candles,very good explanations of them to!
Archinos
31st-August-2006, 03:03 PM
I dunno kennas, your own 'circa' quote is pretty good :)
billhill
31st-August-2006, 07:05 PM
Maybe people are starting to pile in on anticipation of the opening of the langer heinrich mine this september. I think its the first new uranium mine to open in a long while. Theres probably quite a bit of interest.
Billhill
Billhill
Morgan
21st-September-2006, 02:10 PM
Is anyone still bullish for PDN?
Looks like support forming around $4-15.
With the present media attention towards increasing future demand for uranium, surely PDN (as a more advanced uranium company) is well placed to take advantage of this?
Looks like support forming around $4-15.
With the present media attention towards increasing future demand for uranium, surely PDN (as a more advanced uranium company) is well placed to take advantage of this?
billhill
22nd-September-2006, 01:19 PM
Morgan
PDN is probably now become more of a long term play as the uranium hype stablizes. Your right though PDN is one of the best placed uranium companies. Uranium prices will continue to rise for the forseeable future and as PDN has other deposit outside australia it other than langer heinrich it has potential to develop more mines (something many uranium juniors do not have). There is not likely to be much sustained upward movement of the stock in the short term but i would still remain bullish about its prospects over the next couple of years.
billhill
PDN is probably now become more of a long term play as the uranium hype stablizes. Your right though PDN is one of the best placed uranium companies. Uranium prices will continue to rise for the forseeable future and as PDN has other deposit outside australia it other than langer heinrich it has potential to develop more mines (something many uranium juniors do not have). There is not likely to be much sustained upward movement of the stock in the short term but i would still remain bullish about its prospects over the next couple of years.
billhill
MalteseBull
25th-September-2006, 10:10 AM
Looks like the support level has been reached,
time to get onboard
time to get onboard
kennas
25th-September-2006, 10:25 AM
$4.00 is support, also at 200d ma. Could bounce from here, but I reckon the chart says $4.00. Then $3.50.
MalteseBull
25th-September-2006, 10:27 AM
$4.00 is support, also at 200d ma. Could bounce from here, but I reckon the chart says $4.00. Then $3.50.
don't worry about the chart, worry about the current price, which is 4.25 according to me..
hence the new support is no longer 4 but 4.15 imo
don't worry about the chart, worry about the current price, which is 4.25 according to me..
hence the new support is no longer 4 but 4.15 imo
kennas
25th-September-2006, 10:34 AM
don't worry about the chart, worry about the current price, which is 4.25 according to me..
hence the new support is no longer 4 but 4.15 imo
I hope so MB.
One small hop at $4.15 does't make a real solid support level IMO. Sure, it's a reference point on the chart and if it goes down to that level again and hops or bounces from there, then it's even better 'support'.
UBS started coverage of this today with a Buy 2 and target $5.00.
hence the new support is no longer 4 but 4.15 imo
I hope so MB.
One small hop at $4.15 does't make a real solid support level IMO. Sure, it's a reference point on the chart and if it goes down to that level again and hops or bounces from there, then it's even better 'support'.
UBS started coverage of this today with a Buy 2 and target $5.00.
scsl
25th-September-2006, 12:25 PM
It's been a good day for PDN so far... up 5.3% to $4.37!
I'm anticipating a move towards $5 but have a feeling it could head towards $4.15 again before resuming up.
I'm anticipating a move towards $5 but have a feeling it could head towards $4.15 again before resuming up.
Freeballinginawetsuit
25th-September-2006, 01:37 PM
I hope so MB.
One small hop at $4.15 does't make a real solid support level IMO. Sure, it's a reference point on the chart and if it goes down to that level again and hops or bounces from there, then it's even better 'support'.
UBS started coverage of this today with a Buy 2 and target $5.00.
Tend to agree with MB on this one Kennas.
PDN rebounded pretty quickly on the 2 occasions it hit $3.40ish, same day or next and hit the low on open and with comparitevly low volume. On those occasions it went quickly up to $3.70ish and traded around their finding support and trading until the next support at $4.30ish. Plus it reached a decent high ($5.30) this time around on decent volume's, so it would seem logical to assume that most of the traders should have taken some of their profit targets before this down spike.
Fundamentally PDN is moving forward with their mine and closer to opening, should give the stock a "Margin Lending" rating which might entice some more punters also. Once the mine is in production a few institution might be tempted also, considering the current prices of "U" and that PDN will now be a producer.
This fall it found some support at $4.60ish before quickly falling straight through the $4.30ish support and seemed to have bottomed at $4.15ish.
It didn't rebound of $4.15ish for a few days though and traded quite a large volume at this price also.
I got caught out, buying in on the $4.30 day thinking it was a low spike and a quick rebound might happen, but it didn't.
So here's hoping today is a rebound from $4.15 and it might gain a bit of momentum from here. Do agree with MB that hopefully $4.15 is a new support and not the old $3.90 SP price. Could also soften up over the next few days from the traders taking some quick profits. I'm hoping for an upward move in the SP or at least some support and volume in the mid $4 dollar range.
One small hop at $4.15 does't make a real solid support level IMO. Sure, it's a reference point on the chart and if it goes down to that level again and hops or bounces from there, then it's even better 'support'.
UBS started coverage of this today with a Buy 2 and target $5.00.
Tend to agree with MB on this one Kennas.
PDN rebounded pretty quickly on the 2 occasions it hit $3.40ish, same day or next and hit the low on open and with comparitevly low volume. On those occasions it went quickly up to $3.70ish and traded around their finding support and trading until the next support at $4.30ish. Plus it reached a decent high ($5.30) this time around on decent volume's, so it would seem logical to assume that most of the traders should have taken some of their profit targets before this down spike.
Fundamentally PDN is moving forward with their mine and closer to opening, should give the stock a "Margin Lending" rating which might entice some more punters also. Once the mine is in production a few institution might be tempted also, considering the current prices of "U" and that PDN will now be a producer.
This fall it found some support at $4.60ish before quickly falling straight through the $4.30ish support and seemed to have bottomed at $4.15ish.
It didn't rebound of $4.15ish for a few days though and traded quite a large volume at this price also.
I got caught out, buying in on the $4.30 day thinking it was a low spike and a quick rebound might happen, but it didn't.
So here's hoping today is a rebound from $4.15 and it might gain a bit of momentum from here. Do agree with MB that hopefully $4.15 is a new support and not the old $3.90 SP price. Could also soften up over the next few days from the traders taking some quick profits. I'm hoping for an upward move in the SP or at least some support and volume in the mid $4 dollar range.
MalteseBull
25th-September-2006, 03:35 PM
$5 here we come :)
kennas
25th-September-2006, 05:44 PM
Tend to agree with MB on this one Kennas.
PDN rebounded pretty quickly on the 2 occasions it hit $3.40ish, same day or next and hit the low on open and with comparitevly low volume. On those occasions it went quickly up to $3.70ish and traded around their finding support and trading until the next support at $4.30ish. Plus it reached a decent high ($5.30) this time around on decent volume's, so it would seem logical to assume that most of the traders should have taken some of their profit targets before this down spike.
Fundamentally PDN is moving forward with their mine and closer to opening, should give the stock a "Margin Lending" rating which might entice some more punters also. Once the mine is in production a few institution might be tempted also, considering the current prices of "U" and that PDN will now be a producer.
This fall it found some support at $4.60ish before quickly falling straight through the $4.30ish support and seemed to have bottomed at $4.15ish.
It didn't rebound of $4.15ish for a few days though and traded quite a large volume at this price also.
I got caught out, buying in on the $4.30 day thinking it was a low spike and a quick rebound might happen, but it didn't.
So here's hoping today is a rebound from $4.15 and it might gain a bit of momentum from here. Do agree with MB that hopefully $4.15 is a new support and not the old $3.90 SP price. Could also soften up over the next few days from the traders taking some quick profits. I'm hoping for an upward move in the SP or at least some support and volume in the mid $4 dollar range.
I agree with all your points and with U308 headed towards $100 (IMHO) then PDN is a great quality stock with enormous potential.
I've posed another chart here just to show that the support levels I mentialed are there and your $4.15 is certainly in the range of support between $4.00 and $4.25. Anything negative in general commodoties could send it back to $3.50 IMO (still), although unlikely.
Of note, even though it has climbed today, it's still chanelling down, therfore $4.00 is not out of the question short term. Of course, if it pokes it's head through that channel line tomorrow, then it might be on the way up again. My point is that on the chart, an upward trend is not yet confirmed.
I don't hold this yet as I'm concentrating on more speccie U plays atm looking for blue sky. This is more like blue chip now!
Perhaps I'll put my HDR winnings on this!
(sorry the chart is busy)
kennas
PDN rebounded pretty quickly on the 2 occasions it hit $3.40ish, same day or next and hit the low on open and with comparitevly low volume. On those occasions it went quickly up to $3.70ish and traded around their finding support and trading until the next support at $4.30ish. Plus it reached a decent high ($5.30) this time around on decent volume's, so it would seem logical to assume that most of the traders should have taken some of their profit targets before this down spike.
Fundamentally PDN is moving forward with their mine and closer to opening, should give the stock a "Margin Lending" rating which might entice some more punters also. Once the mine is in production a few institution might be tempted also, considering the current prices of "U" and that PDN will now be a producer.
This fall it found some support at $4.60ish before quickly falling straight through the $4.30ish support and seemed to have bottomed at $4.15ish.
It didn't rebound of $4.15ish for a few days though and traded quite a large volume at this price also.
I got caught out, buying in on the $4.30 day thinking it was a low spike and a quick rebound might happen, but it didn't.
So here's hoping today is a rebound from $4.15 and it might gain a bit of momentum from here. Do agree with MB that hopefully $4.15 is a new support and not the old $3.90 SP price. Could also soften up over the next few days from the traders taking some quick profits. I'm hoping for an upward move in the SP or at least some support and volume in the mid $4 dollar range.
I agree with all your points and with U308 headed towards $100 (IMHO) then PDN is a great quality stock with enormous potential.
I've posed another chart here just to show that the support levels I mentialed are there and your $4.15 is certainly in the range of support between $4.00 and $4.25. Anything negative in general commodoties could send it back to $3.50 IMO (still), although unlikely.
Of note, even though it has climbed today, it's still chanelling down, therfore $4.00 is not out of the question short term. Of course, if it pokes it's head through that channel line tomorrow, then it might be on the way up again. My point is that on the chart, an upward trend is not yet confirmed.
I don't hold this yet as I'm concentrating on more speccie U plays atm looking for blue sky. This is more like blue chip now!
Perhaps I'll put my HDR winnings on this!
(sorry the chart is busy)
kennas
Freeballinginawetsuit
25th-September-2006, 06:05 PM
I agree with all your points and with U308 headed towards $100 (IMHO) then PDN is a great quality stock with enormous potential.
I've posed another chart here just to show that the support levels I mentialed are there and your $4.15 is certainly in the range of support between $4.00 and $4.25. Anything negative in general commodoties could send it back to $3.50 IMO (still), although unlikely.
Of note, even though it has climbed today, it's still chanelling down, therfore $4.00 is not out of the question short term. Of course, if it pokes it's head through that channel line tomorrow, then it might be on the way up again. My point is that on the chart, an upward trend is not yet confirmed.
I don't hold this yet as I'm concentrating on more speccie U plays atm looking for blue sky. This is more like blue chip now!
Perhaps I'll put my HDR winnings on this!
(sorry the chart is busy)
kennas
Thanks for the reply Kennas, youre opinion is valued.
The point I was trying to illustrate is on the gap on the Fourth last candle, my punt on the OPEN gap. My purchase morning and it fell straight through it the next day!. I was hoping for a rebound before close. Because Ive traded PDN a lot and know the prices/volumes, off hand for the last few months, I took the punt and hit the buy trigger.
Hopefully for other readers on the thread it illustrates that Palladin could quite easily have fallen to its next support at $3.90ish, or lower. The pitfall of catching a falling knife!.
Luckily for me, it didn't and heres hoping $4.15 might be a new support, only time will tell.
As for a fall to $3.40, it would have to a terrible market or most holders selling at some large losses as there cant be many traders left in at these prices. Surely the investors would be staying in till the mine opens.
Cheers
I've posed another chart here just to show that the support levels I mentialed are there and your $4.15 is certainly in the range of support between $4.00 and $4.25. Anything negative in general commodoties could send it back to $3.50 IMO (still), although unlikely.
Of note, even though it has climbed today, it's still chanelling down, therfore $4.00 is not out of the question short term. Of course, if it pokes it's head through that channel line tomorrow, then it might be on the way up again. My point is that on the chart, an upward trend is not yet confirmed.
I don't hold this yet as I'm concentrating on more speccie U plays atm looking for blue sky. This is more like blue chip now!
Perhaps I'll put my HDR winnings on this!
(sorry the chart is busy)
kennas
Thanks for the reply Kennas, youre opinion is valued.
The point I was trying to illustrate is on the gap on the Fourth last candle, my punt on the OPEN gap. My purchase morning and it fell straight through it the next day!. I was hoping for a rebound before close. Because Ive traded PDN a lot and know the prices/volumes, off hand for the last few months, I took the punt and hit the buy trigger.
Hopefully for other readers on the thread it illustrates that Palladin could quite easily have fallen to its next support at $3.90ish, or lower. The pitfall of catching a falling knife!.
Luckily for me, it didn't and heres hoping $4.15 might be a new support, only time will tell.
As for a fall to $3.40, it would have to a terrible market or most holders selling at some large losses as there cant be many traders left in at these prices. Surely the investors would be staying in till the mine opens.
Cheers
nizar
25th-September-2006, 10:45 PM
Seems like the market hasnt realised that while gold, copper and zinc are all down from the highs, uranium is still going up very strong. When they realise this, uranium companies especially PDN are going to get a massive re-rating.
UBS have the target of $5, and other brokers will start soon. The problem is, when they try to work out earnings estimates, what u price do they use? us$50/lb? us$60/lb? When first sales come in january it will likly be us$70/lb+ IMO and increasing by the week.
And dont forget, LH will be the first new uranium mine to be producing in 20years+, thats sure to attract some attention including overseas punters
UBS have the target of $5, and other brokers will start soon. The problem is, when they try to work out earnings estimates, what u price do they use? us$50/lb? us$60/lb? When first sales come in january it will likly be us$70/lb+ IMO and increasing by the week.
And dont forget, LH will be the first new uranium mine to be producing in 20years+, thats sure to attract some attention including overseas punters
MalteseBull
26th-September-2006, 11:01 AM
buyers bulding at 4.38 looking to run to 4.50
Chief Wigam
27th-September-2006, 01:41 AM
I reckon CMR is a better buy than PDN. It has more U in the ground and other metals too.
Don't mean to spoil the party, but check it out.
Don't mean to spoil the party, but check it out.
nizar
27th-September-2006, 08:04 AM
I reckon CMR is a better buy than PDN. It has more U in the ground and other metals too.
Don't mean to spoil the party, but check it out.
When will CMR start production?
Yeh.. i thought so
Don't mean to spoil the party, but check it out.
When will CMR start production?
Yeh.. i thought so
kennas
9th-October-2006, 12:21 PM
Since it broke $4.60 in August it's started a new upward trend. Looking good to break through $5.10 I think.
billhill
11th-October-2006, 07:39 PM
Hi guys,
I know you seem to be more interested in the technical side of things but i wanted to know what the implication of the lawsiut by summit resources on resolute mining have for paladin's holding of valhalla. I don't know anything about law and have been searching for the ins and outs on possible outcomes. Can paladin have the skal and valhalla deposits confiscated or is this simply an issue concerning resolute and summit. Can anyone help.
Thanks.
I know you seem to be more interested in the technical side of things but i wanted to know what the implication of the lawsiut by summit resources on resolute mining have for paladin's holding of valhalla. I don't know anything about law and have been searching for the ins and outs on possible outcomes. Can paladin have the skal and valhalla deposits confiscated or is this simply an issue concerning resolute and summit. Can anyone help.
Thanks.
kennas
12th-October-2006, 09:11 AM
Bill, SMM stated in their notice to shareholders regarding the litigation that they have no beef with PDN and in fact said they would be very happy to be partners with them. Their issue is with RSG. So, no effect of PDN really except that they may not get ownership of VUL. At this stage, I'm not sure if short term this would significantly effect PDN. Getting LH on line is the most important thing.
billhill
12th-October-2006, 10:50 AM
Thanks Kennas
Ubull
13th-October-2006, 10:41 AM
Anyone got any ideas on the effect of Deep Yellow acquiring tenements beside Langer Heinreich in Namibia?
Fab
17th-October-2006, 11:17 AM
pdn finally got over the 5.20 mark.Look out for the bull run
nizar
17th-October-2006, 11:38 AM
pdn finally got over the 5.20 mark.Look out for the bull run
my chart says resistance at 5.40-5.50
needs to overcome that first before it goes anywhere
my chart says resistance at 5.40-5.50
needs to overcome that first before it goes anywhere
Fab
17th-October-2006, 12:03 PM
Looks like around 5.20 to me on Kennas chart
nizar
17th-October-2006, 12:16 PM
Looks like around 5.20 to me on Kennas chart
Look at April, my friend
Look at April, my friend
GRIZ
17th-October-2006, 12:47 PM
I'm with you fab, sold yesterday @5.17, If cant get above 5.20-5.22 for 4 days, with close lower than open, even with market trending up, thats strong resistance. Thought If It bracks 5.25 Ill buy back in, Even with Oscillator & MACD rolling over - starting to trend down. Now its brocken maybe 5.20 is now short term support? Aprils highs were bought on by Chines president visiting & 31/08 high was fund 500,000 shares @ close. my first post, good trading all.
Fab
19th-October-2006, 09:18 AM
Gritz,
I am kind of undecided on this one. I had a couple of sell order at 5.40 that I cancelled. I was thinking to sell around 5.20 and buy back at around $4 as this seems to be where PDN has been trading recently nevertheless I believe their mine is plan to go in prod at the beginning of December which in my opinion should push the share price higher.
I don't really want to be in a position where I sold to early so as I believe pdn has great potential. Basically their management seems to be top class and having a mine in Africa with little regulation let them do what they want.
Sounds a pretty good deal to me. :)
I am kind of undecided on this one. I had a couple of sell order at 5.40 that I cancelled. I was thinking to sell around 5.20 and buy back at around $4 as this seems to be where PDN has been trading recently nevertheless I believe their mine is plan to go in prod at the beginning of December which in my opinion should push the share price higher.
I don't really want to be in a position where I sold to early so as I believe pdn has great potential. Basically their management seems to be top class and having a mine in Africa with little regulation let them do what they want.
Sounds a pretty good deal to me. :)
GRIZ
19th-October-2006, 12:25 PM
Hi Fab, thanks for reply, totally agree with all. Including timing (ASX news 28/06) commencement of commissioning achieved one month early (how unusual is that, great management). Completion due late Dec. bring that forward a month, want to back in first week Dec. latest. Dont like selling PDN anytime its been a long time since last sale announcement(10-15%jump). But PDN feels heavily traded, when it starts to decline in price the sellers come out fast. This high was different to previous, far more gradual rise and role of. Hard to work out current support, maybe some chartists could weigh in? Thanks, good trading. PS all my uranium stocks look like they have topped for now.
Prospector
24th-October-2006, 10:28 AM
I notice a nice gain of 12% this morning, with the only announcement relating to an increase in DYL holdings. Is there any other reason for the climb?
Fab
24th-October-2006, 10:34 AM
Yep I noticed that too. This one is a gem :)
nizar
24th-October-2006, 10:46 AM
I notice a nice gain of 12% this morning, with the only announcement relating to an increase in DYL holdings. Is there any other reason for the climb?
PDN gained in excess of 14% overnight on the TSX
PDN gained in excess of 14% overnight on the TSX
Fab
24th-October-2006, 10:46 AM
Nizar,
What is the TSX ?
What is the TSX ?
GRIZ
24th-October-2006, 10:59 AM
Does anyone know why there are now huge buy orders 100,000-200,000 shares at a time from single buyers? Yesterday nothing less than 4 million dollars total value, 11.5 million value in the first hour today. Big volume for ERA, SMM and others. Maybe new nuc. managed fund? Can't find anything on the internet. Could be nickel share money looking for a new home. CNBC said big short positions taken out on nickel price recently.
Fab
24th-October-2006, 11:05 AM
Nuclear energy is a big business and uranium is the core of it. Luckily we 've got it here in Australia.
:)
:)
juddy
24th-October-2006, 11:24 AM
I'd say this has got a lot to do with it.
http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-10-23T214248Z_01_N23358781_RTRIDST_0_MINERALS-CAMECO-UPDATE-5.XML&rpc=66&type=qcna
http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-10-23T214248Z_01_N23358781_RTRIDST_0_MINERALS-CAMECO-UPDATE-5.XML&rpc=66&type=qcna
GRIZ
24th-October-2006, 11:37 AM
Fab, TSX is the Canadian - Toronto stock exchange.
nizar, do you think gap up will island, or has it broken out?
thanks juddy.
nizar, do you think gap up will island, or has it broken out?
thanks juddy.
Freeballinginawetsuit
25th-October-2006, 10:22 AM
$4.00 is support, also at 200d ma. Could bounce from here, but I reckon the chart says $4.00. Then $3.50.
Hmmm, one month later.
Hmmm, one month later.
Prospector
25th-October-2006, 10:26 AM
What a difference a month makes!
Edited to add - make that a day!
Edited to add - make that a day!
Freeballinginawetsuit
25th-October-2006, 10:37 AM
Looks like it might break $6 bucks.
kennas
25th-October-2006, 10:43 AM
Yes, well, around $4.00 WAS support ($4.15 is pretty close on a down trend in the scheme of things) and $5.15 - $5.25 was clear resistance over the past two weeks until it broke out. My original post about $3.50, was indicating that that was the next level of support DOWN if $4.00 was broken. Clearly that did not occur and the stock did bounce.
WHAT A DIFFERENCE A MONTH MAKES.
Especially when one of the largest uranium mines in the world is put on hold for a year, out of the blue!
More blue sky to come I'd say.
Good luck to all holders.
WHAT A DIFFERENCE A MONTH MAKES.
Especially when one of the largest uranium mines in the world is put on hold for a year, out of the blue!
More blue sky to come I'd say.
Good luck to all holders.
Freeballinginawetsuit
25th-October-2006, 10:53 AM
Yes, well, around $4.00 WAS support ($4.15 is pretty close on a down trend in the scheme of things) and $5.15 - $5.25 was clear resistance over the past two weeks until it broke out. My original post about $3.50, was indicating that that was the next level of support DOWN if $4.00 was broken. Clearly that did not occur and the stock did bounce.
WHAT A DIFFERENCE A MONTH MAKES.
Especially when one of the largest uranium mines in the world is put on hold for a year, out of the blue!
More blue sky to come I'd say.
Good luck to all holders.
It bounced to $5.25 shortly after your post a month ago. Regardless of external issues.
The money made could have been put into Nickle/Zinc plays, they all subsequently ran in the following weeks.
You could have then bought PDN a few days back for $4.90 (it found support here) and punted on a break at some time in the near future.
Sure a bit of lucky news happened. Some news was bound to. Considering U at the moment and PDN clear objectives in the market and swallowing up the exploration plays, its quite obvious they are fast becoming a potential big boy!.
WHAT A DIFFERENCE A MONTH MAKES.
Especially when one of the largest uranium mines in the world is put on hold for a year, out of the blue!
More blue sky to come I'd say.
Good luck to all holders.
It bounced to $5.25 shortly after your post a month ago. Regardless of external issues.
The money made could have been put into Nickle/Zinc plays, they all subsequently ran in the following weeks.
You could have then bought PDN a few days back for $4.90 (it found support here) and punted on a break at some time in the near future.
Sure a bit of lucky news happened. Some news was bound to. Considering U at the moment and PDN clear objectives in the market and swallowing up the exploration plays, its quite obvious they are fast becoming a potential big boy!.
nizar
25th-October-2006, 10:56 AM
Yes, well, around $4.00 WAS support ($4.15 is pretty close on a down trend in the scheme of things) and $5.15 - $5.25 was clear resistance over the past two weeks until it broke out. My original post about $3.50, was indicating that that was the next level of support DOWN if $4.00 was broken. Clearly that did not occur and the stock did bounce.
WHAT A DIFFERENCE A MONTH MAKES.
Especially when one of the largest uranium mines in the world is put on hold for a year, out of the blue!
More blue sky to come I'd say.
Good luck to all holders.
This is an outstanding breakout.
Volume confirmation is there also.
WHAT A DIFFERENCE A MONTH MAKES.
Especially when one of the largest uranium mines in the world is put on hold for a year, out of the blue!
More blue sky to come I'd say.
Good luck to all holders.
This is an outstanding breakout.
Volume confirmation is there also.
Fab
25th-October-2006, 10:59 AM
I am happy I kept this one. Unfortunately I stupidly sold my SMM yesterday so they are not running as strongly as PDN. I say it again this one is a gem. :)
Fab
25th-October-2006, 11:28 AM
WOW $6 already. I wish I had bought 2 years ago :)
kennas
6th-November-2006, 01:02 PM
I've missed the boat I think. :(
1151 [Dow Jones] Paladin (PDN.AU) lances another fresh high, surging to A$6.47 before easing, last up 8.1% at A$6.38 on lively trading of 2.6 millon shares. PDN, which holds stakes in a number of advanced uranium projects in Australia, reported Friday no major problems emerged at Langer Heinrich project, Namibia, 95% complete, many plant items commissioned, trained workforce on site. Further upside seems possible when first ore produced removing any doubts about plant circuits. After trading at 1 cent 3 years ago, PDN long term investors richly rewarded by PDN's counter cyclical investment strategy, superb timing, with plant set to start at time of historical price highs for uranium, with Ux Consulting reporting spot on Oct. 30 at US$60/pound. (RCB)
1151 [Dow Jones] Paladin (PDN.AU) lances another fresh high, surging to A$6.47 before easing, last up 8.1% at A$6.38 on lively trading of 2.6 millon shares. PDN, which holds stakes in a number of advanced uranium projects in Australia, reported Friday no major problems emerged at Langer Heinrich project, Namibia, 95% complete, many plant items commissioned, trained workforce on site. Further upside seems possible when first ore produced removing any doubts about plant circuits. After trading at 1 cent 3 years ago, PDN long term investors richly rewarded by PDN's counter cyclical investment strategy, superb timing, with plant set to start at time of historical price highs for uranium, with Ux Consulting reporting spot on Oct. 30 at US$60/pound. (RCB)
Prospector
6th-November-2006, 01:17 PM
My all time favourite share! I started in at 11c and have been in and out so many times. When I sell I immediately regret so cant help myself for buying back in :o Last entry in was $3.68 not all that long ago so am pretty pleased with it all. PDN and DYL are making this a very pleasant monday! :p: At last something to smile about!
Fab
6th-November-2006, 01:19 PM
I have been in since 2.45 almost bought more at 1.80 (a long time ago now :) ) but did not buy because I feared it might retrace. In high sight my only regret is having bought not enough of those
michael_selway
6th-November-2006, 09:02 PM
My all time favourite share! I started in at 11c and have been in and out so many times. When I sell I immediately regret so cant help myself for buying back in :o Last entry in was $3.68 not all that long ago so am pretty pleased with it all. PDN and DYL are making this a very pleasant monday! :p: At last something to smile about!
Great stuff! PDN is da bomb!
thx
MS
Great stuff! PDN is da bomb!
thx
MS
nizar
6th-November-2006, 09:11 PM
After trading at 1 cent 3 years ago
All u needed was a few Gs and alot of faith, 600-fold, god damn i wonder if any1 really has rode it ALL THE WAY?
$5Gs = 500,000 shares, and 3 years later $3.25million :D
All u needed was a few Gs and alot of faith, 600-fold, god damn i wonder if any1 really has rode it ALL THE WAY?
$5Gs = 500,000 shares, and 3 years later $3.25million :D
Freeballinginawetsuit
7th-November-2006, 10:02 AM
All u needed was a few Gs and alot of faith, 600-fold, god damn i wonder if any1 really has rode it ALL THE WAY?
$5Gs = 500,000 shares, and 3 years later $3.25million :D
A few would have rode Paladin all the way. It still has a long way to go Nizar, I think in 3 months this one will go a real long way, a unhedged new U producer able to take advantage of prices not seen for decades. If their are no hiccups when it comes on line, it's blue sky!.
$5Gs = 500,000 shares, and 3 years later $3.25million :D
A few would have rode Paladin all the way. It still has a long way to go Nizar, I think in 3 months this one will go a real long way, a unhedged new U producer able to take advantage of prices not seen for decades. If their are no hiccups when it comes on line, it's blue sky!.
Prospector
7th-November-2006, 10:20 AM
Well, I started at 11cents - but because this was one of my first real trades I sold at around $1. I only bought $1000 worth at the time, so around 9000 I think.
That would be worth now, around $60,300! :banghead:
I traded then for a while, in various entities I run shares in and have done so well with PDN. Am now back in, but at levels from around 3.50 to 5.50! But all good with more to come. And this time I am hanging on forever!
That would be worth now, around $60,300! :banghead:
I traded then for a while, in various entities I run shares in and have done so well with PDN. Am now back in, but at levels from around 3.50 to 5.50! But all good with more to come. And this time I am hanging on forever!
EvilCoconut
14th-November-2006, 12:46 AM
ALL WHO INVESTED IN PDN i envy you!!! thats all i have to say. :banghead: :banghead:
pacer
14th-November-2006, 01:24 AM
Nice wig.....WOW...I hold all my small plays!....forever....cause I trust my instincts....even if one pays big....I be happy...lol....in 20 years one will be the retirement fund.....:)
Well, I started at 11cents - but because this was one of my first real trades I sold at around $1. I only bought $1000 worth at the time, so around 9000 I think.
That would be worth now, around $60,300! :banghead:
I traded then for a while, in various entities I run shares in and have done so well with PDN. Am now back in, but at levels from around 3.50 to 5.50! But all good with more to come. And this time I am hanging on forever!
Well, I started at 11cents - but because this was one of my first real trades I sold at around $1. I only bought $1000 worth at the time, so around 9000 I think.
That would be worth now, around $60,300! :banghead:
I traded then for a while, in various entities I run shares in and have done so well with PDN. Am now back in, but at levels from around 3.50 to 5.50! But all good with more to come. And this time I am hanging on forever!
Fab
14th-November-2006, 09:46 AM
I got in at 2.45 and only bought 4000 . This is my only regret. I could have bought more so at 1.80 but did not have the cash at the time. This one will run run run :)
x2rider
24th-November-2006, 03:55 PM
A stop in trade and a good ann. I wish they made it earlier in the day :)
Cheers Martin
Cheers Martin
blueroo
24th-November-2006, 08:24 PM
Fancy making a healthy ann. like that with 15 mins to go and the weekend ahead to take the heat out of it. Doesn't the management know that there are honest traders/investors trying to make a quid ;)
Fab
29th-November-2006, 11:13 AM
There is nothing stopping this one at the moment :)
spitrader1
29th-November-2006, 11:26 AM
There is nothing stopping this one at the moment :)
fab i fancy there is a little bit of switching into this name out of ERA at the moment.
fab i fancy there is a little bit of switching into this name out of ERA at the moment.
Fab
29th-November-2006, 12:03 PM
Could be. I never look at ERA and always thought PDN was the best U stock in the ASX. It will be interesting to know when they annouce that they are going into production. Maybe they will then offer a dividend :) which would boost the sp even further
nizar
29th-November-2006, 12:11 PM
Could be. I never look at ERA and always thought PDN was the best U stock in the ASX. It will be interesting to know when they annouce that they are going into production. Maybe they will then offer a dividend :) which would boost the sp even further
Dividend?
I dont think so. At least not yet (for a few years)
Theyve got Kayakelera to develop and then us$92million LH CAPEX to repay.
Dividend?
I dont think so. At least not yet (for a few years)
Theyve got Kayakelera to develop and then us$92million LH CAPEX to repay.
lancer
30th-November-2006, 06:06 AM
re:Could be. I never look at ERA and always thought PDN was the best U stock in the ASX. It will be interesting to know when they annouce that they are going into production. Maybe they will then offer a dividend which would boost the sp even further
Nothing is stopping this at the moment, it will be great when they announce production. I also feel very strongly about this stock. Yes they have debt to repay but which Junior doesnt at this point? J.D.... loves this stock, he is picking frg- (nyse) pnp-(tsx) and mga-(tsx) as his top three picks to have the most from his portfolio in, I am hoping he adds this one soon!
Nothing is stopping this at the moment, it will be great when they announce production. I also feel very strongly about this stock. Yes they have debt to repay but which Junior doesnt at this point? J.D.... loves this stock, he is picking frg- (nyse) pnp-(tsx) and mga-(tsx) as his top three picks to have the most from his portfolio in, I am hoping he adds this one soon!
Freeballinginawetsuit
12th-December-2006, 03:24 PM
Stops getting hit all over the place with PDN ATM, I got nailed at $6.90 :o
Freeballinginawetsuit
12th-December-2006, 03:42 PM
Hmmmmm, Ive been holding PDN for months waiting for an announcement on the mine commisioning (should be around now) and dissapointed to be out now :banghead: .
Maybe those in the know have some info on some hiccups and are dumping and today is the start of worse to come!, or some bargains are to be had. This is the lowest PDN has been for a while.
Large volumes for PDN today and they were travelling fine up to an hour ago, strange thing the market :)
Maybe those in the know have some info on some hiccups and are dumping and today is the start of worse to come!, or some bargains are to be had. This is the lowest PDN has been for a while.
Large volumes for PDN today and they were travelling fine up to an hour ago, strange thing the market :)
Fab
12th-December-2006, 03:45 PM
Hmmmmm, Ive been holding PDN for months waiting for an announcement on the mine commisioning (should be around now) and dissapointed to be out now :banghead: .
Maybe those in the know have some info on some hiccups and are dumping and today is the start of worse to come!, or some bargains are to be had. This is the lowest PDN has been for a while.
Large volumes for PDN today and they were travelling fine up to an hour ago, strange thing the market :)
Very strange indeed. Big shift in confidence there. :mad:
Maybe those in the know have some info on some hiccups and are dumping and today is the start of worse to come!, or some bargains are to be had. This is the lowest PDN has been for a while.
Large volumes for PDN today and they were travelling fine up to an hour ago, strange thing the market :)
Very strange indeed. Big shift in confidence there. :mad:
blues
12th-December-2006, 04:09 PM
Might have something to do with this on the news wires.
Paladin Resources down 42 cents, or 5.8%, at A$6.79 with
dealer saying report in Wall Street Journal that US will sell down part of its uranium
stockpiles and hence drive prices lower, is affecting stock. Notes that while PDN has run
to A$7.45 from A$5 in last 2 months, news causing some caution, despite US Energy Dept
first proposing plans in August.
Rival producer ERA (ERA.AU) also off in last 2 hours,
down 5.5% at A$17.48.
Paladin Resources down 42 cents, or 5.8%, at A$6.79 with
dealer saying report in Wall Street Journal that US will sell down part of its uranium
stockpiles and hence drive prices lower, is affecting stock. Notes that while PDN has run
to A$7.45 from A$5 in last 2 months, news causing some caution, despite US Energy Dept
first proposing plans in August.
Rival producer ERA (ERA.AU) also off in last 2 hours,
down 5.5% at A$17.48.
redandgreen
12th-December-2006, 04:14 PM
Might have something to do with this on the news wires.
Paladin Resources down 42 cents, or 5.8%, at A$6.79 with
dealer saying report in Wall Street Journal that US will sell down part of its uranium
stockpiles and hence drive prices lower, is affecting stock. Notes that while PDN has run
to A$7.45 from A$5 in last 2 months, news causing some caution, despite US Energy Dept
first proposing plans in August.
Rival producer ERA (ERA.AU) also off in last 2 hours,
down 5.5% at A$17.48.
it seems all U stocks are down, the market is so fickle,
agree it must have to do with this humbug on the news wires. :mad:
Paladin Resources down 42 cents, or 5.8%, at A$6.79 with
dealer saying report in Wall Street Journal that US will sell down part of its uranium
stockpiles and hence drive prices lower, is affecting stock. Notes that while PDN has run
to A$7.45 from A$5 in last 2 months, news causing some caution, despite US Energy Dept
first proposing plans in August.
Rival producer ERA (ERA.AU) also off in last 2 hours,
down 5.5% at A$17.48.
it seems all U stocks are down, the market is so fickle,
agree it must have to do with this humbug on the news wires. :mad:
Freeballinginawetsuit
12th-December-2006, 04:17 PM
Yep those percentages seem to be on the money, totally out of left field though. Oh well that what trailers are for!.
Now I don't own them I hope they crash some more, plant blows up, yada, yada :p: , could be another entry just around the corner.
Now I don't own them I hope they crash some more, plant blows up, yada, yada :p: , could be another entry just around the corner.
nizar
12th-December-2006, 05:12 PM
could be another entry just around the corner.
I think so too.
I think so too.
Rafa
13th-December-2006, 11:17 AM
I have a question....
Does anyone know when PDN will be a margin lending enabled stock?
Also, do you think this will have a dramatic effect on the price?
Its also being included in the ASX100 on Dec 15th too...
I bought pdn for the first time a few weeks ago in the mid 6 dollar mark as part of my long term hold portfolio...
Does anyone know when PDN will be a margin lending enabled stock?
Also, do you think this will have a dramatic effect on the price?
Its also being included in the ASX100 on Dec 15th too...
I bought pdn for the first time a few weeks ago in the mid 6 dollar mark as part of my long term hold portfolio...
lancer
13th-December-2006, 06:23 PM
I think a slight pullback is perfectly normal for a stock that has done this well in such a short amount of time. I dont think it has anything to do with possible bad news coming out. Seems if their is a slight dip a lot of people institutions will dump thinking it will go further.
Freeballinginawetsuit
13th-December-2006, 09:56 PM
I have a question....
Does anyone know when PDN will be a margin lending enabled stock?
Also, do you think this will have a dramatic effect on the price?
Its also being included in the ASX100 on Dec 15th too...
I bought pdn for the first time a few weeks ago in the mid 6 dollar mark as part of my long term hold portfolio...
When PDN becomes a producer, margin lending should become available. The next few months will be pretty crucial for PDN, the market has factored in pretty much 'the best case scenario', in their current SP. If LH is commisioned smoothly expect a decent rise in SP (10-15 Percent), any hiccups in bringing LH on line, the SP will turn south according to the size of the hiccup.
PDN also has K in the pipeline, this is is not as much factored into their current SP, again this should bring some value into PDN in 08. PDN's holdings in Aust also add some more value to them. All in all PDN is a bit of a success story in the U market and really is one of the few newbies on the globe to hit production at premium U prices.
IMO once you can margin on PDN, a few more punters will take positions in them and also a decent percentage of those punters will stay long, should help the SP a bit.
What should give most holders in PDN confidence is the quality of Borshoff and his management team, they rarely put a foot wrong and indeed seem to have the midas touch when it comes to PDN's growth :)
Does anyone know when PDN will be a margin lending enabled stock?
Also, do you think this will have a dramatic effect on the price?
Its also being included in the ASX100 on Dec 15th too...
I bought pdn for the first time a few weeks ago in the mid 6 dollar mark as part of my long term hold portfolio...
When PDN becomes a producer, margin lending should become available. The next few months will be pretty crucial for PDN, the market has factored in pretty much 'the best case scenario', in their current SP. If LH is commisioned smoothly expect a decent rise in SP (10-15 Percent), any hiccups in bringing LH on line, the SP will turn south according to the size of the hiccup.
PDN also has K in the pipeline, this is is not as much factored into their current SP, again this should bring some value into PDN in 08. PDN's holdings in Aust also add some more value to them. All in all PDN is a bit of a success story in the U market and really is one of the few newbies on the globe to hit production at premium U prices.
IMO once you can margin on PDN, a few more punters will take positions in them and also a decent percentage of those punters will stay long, should help the SP a bit.
What should give most holders in PDN confidence is the quality of Borshoff and his management team, they rarely put a foot wrong and indeed seem to have the midas touch when it comes to PDN's growth :)
chansw
13th-December-2006, 10:35 PM
IMO once you can margin on PDN, a few more punters will take positions in them and also a decent percentage of those punters will stay long, should help the SP a bit.
You can margin on PDN with BT Online but the LVR is only 35%.
You can margin on PDN with BT Online but the LVR is only 35%.
Kauri
13th-December-2006, 11:11 PM
IG's DMA CFD's are available at 10% with an optionable GSL at 0.7%
Freeballinginawetsuit
13th-December-2006, 11:49 PM
Cheers Guys, I only margin on my BHP holdings but I'm sure others would find it useful. I certainly wasn't aware you could margin on PDN :)
lancer
14th-December-2006, 08:22 AM
up 52 cents! (canadian) almost back to its all time high.
lancer
28th-December-2006, 04:17 PM
Anyone notice the news on PDN? The construction stage commissioning has been completed and has produced the first piece of yellowcake. The first new mine completion in a decade. Hopefully this wont be a sell on fact deal....
Fab
28th-December-2006, 05:07 PM
Anyone notice the news on PDN? The construction stage commissioning has been completed and has produced the first piece of yellowcake. The first new mine completion in a decade. Hopefully this wont be a sell on fact deal....
Does not like it it is goind wild at the moment :)
Does not like it it is goind wild at the moment :)
Rafa
28th-December-2006, 06:11 PM
giddyup...
:jump: :jump: :jump:
PS: surely its going to margin lending OK now!!!
:jump: :jump: :jump:
PS: surely its going to margin lending OK now!!!
michael_selway
28th-December-2006, 07:47 PM
Does not like it it is goind wild at the moment :)
Far out this stock is crazy
shoudl have bought it
thx
MS
Far out this stock is crazy
shoudl have bought it
thx
MS
Halba
28th-December-2006, 08:30 PM
whats PE now? must be crazy for a miner
Fab
29th-December-2006, 01:38 PM
I believe it is going to go much much much higher now that the PM is clearly stating he wants to go nuclear. Also PDN is now in Production and even though Australia does not change their policy on U mining in mid 2007 uranium will be in huge demand because of a lot of countries going nuclear. :)
All blue sky as far as I am concern. The P/e looks crazy so
All blue sky as far as I am concern. The P/e looks crazy so
x2rider
3rd-January-2007, 05:09 AM
well fab
I nice 4 % rise over night so it should rebound aftere the profit taking of yesterday. I am currently quite over weight on this stock as I can't resist buying it everytime it gets to a new high :)
Cheers martin
I nice 4 % rise over night so it should rebound aftere the profit taking of yesterday. I am currently quite over weight on this stock as I can't resist buying it everytime it gets to a new high :)
Cheers martin
kennas
3rd-January-2007, 08:36 AM
The market cap of this is a little scarey for me at the moment, although I see plenty of upside in some of it's projects like Bigryli, Valhalla (if the litigation goes ok and Labor grow up), and Kayelekera will be heading into production in the next few years. Looks set to become a major global U player. But $4.5b, with no income is just obscene. Anyone have a forecast profit from the BFS on LH with a $60, and $80 U3O8 spot price?
Fab
3rd-January-2007, 09:23 AM
The market cap of this is a little scarey for me at the moment, although I see plenty of upside in some of it's projects like Bigryli, Valhalla (if the litigation goes ok and Labor grow up), and Kayelekera will be heading into production in the next few years. Looks set to become a major global U player. But $4.5b, with no income is just obscene. Anyone have a forecast profit from the BFS on LH with a $60, and $80 U3O8 spot price?
Indeed the market cap is obscene then there is nothing else to compare it to as we have not had a U boom in the past
Indeed the market cap is obscene then there is nothing else to compare it to as we have not had a U boom in the past
kennas
3rd-January-2007, 09:35 AM
Indeed the market cap is obscene then there is nothing else to compare it to as we have not had a U boom in the past
Yes, agree, no U boom like this in the past that I know of.
There was some type of Nickel boom wasn't there? How did that end up. I don't know all the details, but I have a feeling it was pain. Is that anything like this? Maybe not.
Dot com? Hard to compare apples with oranges but the reason the tech stocks flew was becasue of the 'potential' that the market saw in them, not just sentiment, or traders. Perhaps.
I am definately not saying all these U stocks are going to crash. I don't know enough about economics or even the industry to make a truely qualified comment. Plus, I just don't know what's going to happen with the supply demand equation in say 10-15 years, when all these new mines come on line. At what point does the market realise that once the juniors get to production, uranium spot price will be back at $10? Maybe. Or, does the supply outstrip demand forever? Unlikely.
Obviously though, PDN isn't in this situation. It's just about to start production so it's going to see the full value of the short to mid term appreciation of uranium spot. Perhaps one of the only ones along with current producers who haven't hedged their contacts too greatly.
Yes, agree, no U boom like this in the past that I know of.
There was some type of Nickel boom wasn't there? How did that end up. I don't know all the details, but I have a feeling it was pain. Is that anything like this? Maybe not.
Dot com? Hard to compare apples with oranges but the reason the tech stocks flew was becasue of the 'potential' that the market saw in them, not just sentiment, or traders. Perhaps.
I am definately not saying all these U stocks are going to crash. I don't know enough about economics or even the industry to make a truely qualified comment. Plus, I just don't know what's going to happen with the supply demand equation in say 10-15 years, when all these new mines come on line. At what point does the market realise that once the juniors get to production, uranium spot price will be back at $10? Maybe. Or, does the supply outstrip demand forever? Unlikely.
Obviously though, PDN isn't in this situation. It's just about to start production so it's going to see the full value of the short to mid term appreciation of uranium spot. Perhaps one of the only ones along with current producers who haven't hedged their contacts too greatly.
lancer
3rd-January-2007, 09:38 AM
Indeed the market cap is obscene then there is nothing else to compare it to as we have not had a U boom in the past
I concur. However this stock (and the rest of Juniors) are most likely being priced off the current spot price, which may justify it more so. For SURE nothing esle has risen like the spot price for Uranium, EVER in the sector. And PDN is the closest to mine especially compared to all the rest
I concur. However this stock (and the rest of Juniors) are most likely being priced off the current spot price, which may justify it more so. For SURE nothing esle has risen like the spot price for Uranium, EVER in the sector. And PDN is the closest to mine especially compared to all the rest
billhill
3rd-January-2007, 01:49 PM
I think we can definitely say that PDN and the whole uranium sector is substantially overpriced. However saying that from the research i have done uranium demand is going to continue to outstrip supply for many years to come. So the question is whether a rising uranium price is a sufficient reason for people to continue to buy into the sector? Would overvaluation result in a crash in U shares.
Fab
3rd-January-2007, 02:19 PM
I think we can definitely say that PDN and the whole uranium sector is substantially overpriced. However saying that from the research i have done uranium demand is going to continue to outstrip supply for many years to come. So the question is whether a rising uranium price is a sufficient reason for people to continue to buy into the sector? Would overvaluation result in a crash in U shares.
PDN is now producing and that is very valuable when other are still trying to extract the stuff. I think PDN is going through a short term correction after a big rise in the last few days.
PDN is now producing and that is very valuable when other are still trying to extract the stuff. I think PDN is going through a short term correction after a big rise in the last few days.
bigdog
3rd-January-2007, 02:20 PM
ASX ann PDN 1:57 PM GRD's ann:Commissioning of Langer Heinrich Uranium Project
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00682888
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00682888
Fab
3rd-January-2007, 04:15 PM
:confused: Profit taking today ? I was expecting better after today annoucement.
Fab
4th-January-2007, 01:40 PM
Taking an hamering today but then it is not the only one. I am wondering where the next resistance point is ? :banghead:
kennas
4th-January-2007, 03:25 PM
Taking an hamering today but then it is not the only one. I am wondering where the next resistance point is ? :banghead:
Should be support between $6.60 and $7.50.
Hard to see this current trend channel continuing, but stranger things have happened.
Should be support between $6.60 and $7.50.
Hard to see this current trend channel continuing, but stranger things have happened.
Rafa
4th-January-2007, 03:43 PM
cheers for the chart kennas...
given it was only yesterday you were talking about locking in those gains, how did you go?
I still hold all my U stocks, and overall, i am amazed that they have only fallen ONLY about 5%.... after almost all of them doubled in the matter of months!
IF i had liquidated yesterday, i dare say i would be buying back in today...
what are your thoughts on the U sector in particular?
given it was only yesterday you were talking about locking in those gains, how did you go?
I still hold all my U stocks, and overall, i am amazed that they have only fallen ONLY about 5%.... after almost all of them doubled in the matter of months!
IF i had liquidated yesterday, i dare say i would be buying back in today...
what are your thoughts on the U sector in particular?
Fab
4th-January-2007, 03:57 PM
I believe stock like PDN will bounce back are they are the one that are close to generate U
kennas
4th-January-2007, 04:02 PM
cheers for the chart kennas...
given it was only yesterday you were talking about locking in those gains, how did you go?
I still hold all my U stocks, and overall, i am amazed that they have only fallen ONLY about 5%.... after almost all of them doubled in the matter of months!
IF i had liquidated yesterday, i dare say i would be buying back in today...
what are your thoughts on the U sector in particular?
I didn't sell anything :(
I'm riding that wave right up to the edge, and probably over it! :eek7:
I think today might be part of a healthy break in the upward trend for uranium. NOTHING goes straight up forever and there will ALWAYS be corrections.
I don't think it's a bubble yet, but it's bubbly close! I might be wrong and this is the start of the end but some stocks have a little way to go and the ones with known resources that are likely to start mining in the next few years should stay afloat. PDN is one of them, but is it worth $4.5b?
Perhaps the Christmas period and Little Johnny's 'Go Nuclear Taskforce' have put the recent bomb under U stocks and the U phoria is over for a little while until Little Kevie changes Labor policy for the States to follow......Maybe a pause until the run up to April..........
Overall, risky game this - backing company's riding a wave of speculative trading money. Just where is the top? I'm treading very carefully at the moment. Lost too much in 99 to not have a parachute ready.
given it was only yesterday you were talking about locking in those gains, how did you go?
I still hold all my U stocks, and overall, i am amazed that they have only fallen ONLY about 5%.... after almost all of them doubled in the matter of months!
IF i had liquidated yesterday, i dare say i would be buying back in today...
what are your thoughts on the U sector in particular?
I didn't sell anything :(
I'm riding that wave right up to the edge, and probably over it! :eek7:
I think today might be part of a healthy break in the upward trend for uranium. NOTHING goes straight up forever and there will ALWAYS be corrections.
I don't think it's a bubble yet, but it's bubbly close! I might be wrong and this is the start of the end but some stocks have a little way to go and the ones with known resources that are likely to start mining in the next few years should stay afloat. PDN is one of them, but is it worth $4.5b?
Perhaps the Christmas period and Little Johnny's 'Go Nuclear Taskforce' have put the recent bomb under U stocks and the U phoria is over for a little while until Little Kevie changes Labor policy for the States to follow......Maybe a pause until the run up to April..........
Overall, risky game this - backing company's riding a wave of speculative trading money. Just where is the top? I'm treading very carefully at the moment. Lost too much in 99 to not have a parachute ready.
Fab
4th-January-2007, 04:09 PM
I didn't sell anything :(
I'm riding that wave right up to the edge, and probably over it! :eek7:
I think today might be part of a healthy break in the upward trend for uranium. NOTHING goes straight up forever and there will ALWAYS be corrections.
I don't think it's a bubble yet, but it's bubbly close! I might be wrong and this is the start of the end but some stocks have a little way to go and the ones with known resources that are likely to start mining in the next few years should stay afloat. PDN is one of them, but is it worth $4.5b?
Perhaps the Christmas period and Little Johnny's 'Go Nuclear Taskforce' have put the recent bomb under U stocks and the U phoria is over for a little while until Little Kevie changes Labor policy for the States to follow......Maybe a pause until the run up to April..........
Overall, risky game this - backing company's riding a wave of speculative trading money. Just where is the top? I'm treading very carefully at the moment. Lost too much in 99 to not have a parachute ready.
Yep that sounds like a good analysis. i could not help nevertheless I could not help myself today and bought some more BHP as I believe they are really undervalue at the moment
I'm riding that wave right up to the edge, and probably over it! :eek7:
I think today might be part of a healthy break in the upward trend for uranium. NOTHING goes straight up forever and there will ALWAYS be corrections.
I don't think it's a bubble yet, but it's bubbly close! I might be wrong and this is the start of the end but some stocks have a little way to go and the ones with known resources that are likely to start mining in the next few years should stay afloat. PDN is one of them, but is it worth $4.5b?
Perhaps the Christmas period and Little Johnny's 'Go Nuclear Taskforce' have put the recent bomb under U stocks and the U phoria is over for a little while until Little Kevie changes Labor policy for the States to follow......Maybe a pause until the run up to April..........
Overall, risky game this - backing company's riding a wave of speculative trading money. Just where is the top? I'm treading very carefully at the moment. Lost too much in 99 to not have a parachute ready.
Yep that sounds like a good analysis. i could not help nevertheless I could not help myself today and bought some more BHP as I believe they are really undervalue at the moment
Rafa
4th-January-2007, 04:14 PM
so far, corrections in U stocks have lasted no more than a day or two...
URA for example, has gone up 80 cents (from 80 cents) in 5 days, but today its barely fallen 10 cents!
Yeah, tomorrow is going to be interesting... but of all the resources, i am most confident about Uranium.
I added a bit more AGS today.... :eek:
As for the rest of the commodoties, their corrections last a lot longer. I thought one was coming soon, so I sold ZFX yesterday cause technically that was looking very toppy...
But I still held INL... more for the technology rather than the zinc.
URA for example, has gone up 80 cents (from 80 cents) in 5 days, but today its barely fallen 10 cents!
Yeah, tomorrow is going to be interesting... but of all the resources, i am most confident about Uranium.
I added a bit more AGS today.... :eek:
As for the rest of the commodoties, their corrections last a lot longer. I thought one was coming soon, so I sold ZFX yesterday cause technically that was looking very toppy...
But I still held INL... more for the technology rather than the zinc.
Fab
4th-January-2007, 07:27 PM
so far, corrections in U stocks have lasted no more than a day or two...
URA for example, has gone up 80 cents (from 80 cents) in 5 days, but today its barely fallen 10 cents!
Yeah, tomorrow is going to be interesting... but of all the resources, i am most confident about Uranium.
I added a bit more AGS today.... :eek:
As for the rest of the commodoties, their corrections last a lot longer. I thought one was coming soon, so I sold ZFX yesterday cause technically that was looking very toppy...
But I still held INL... more for the technology rather than the zinc.
I hope you are right about the U stock correction not lasting too long.
I am wondering if PDN is actually already producing or are we still waiting for start of production. I know I stated that they started producing but now I have a doubt.If they are not yet then when they go into prod this should boost them back up
URA for example, has gone up 80 cents (from 80 cents) in 5 days, but today its barely fallen 10 cents!
Yeah, tomorrow is going to be interesting... but of all the resources, i am most confident about Uranium.
I added a bit more AGS today.... :eek:
As for the rest of the commodoties, their corrections last a lot longer. I thought one was coming soon, so I sold ZFX yesterday cause technically that was looking very toppy...
But I still held INL... more for the technology rather than the zinc.
I hope you are right about the U stock correction not lasting too long.
I am wondering if PDN is actually already producing or are we still waiting for start of production. I know I stated that they started producing but now I have a doubt.If they are not yet then when they go into prod this should boost them back up
tybutler
4th-January-2007, 10:30 PM
I hope you are right about the U stock correction not lasting too long.
I am wondering if PDN is actually already producing or are we still waiting for start of production. I know I stated that they started producing but now I have a doubt.If they are not yet then when they go into prod this should boost them back up
What do you mean "I stated that they started producing....". Isn't that what Paladin said in their press release??? Do you ever have any facts Fab, or do you only make vague comments about nothing, and always ask for basic information which you could easily find yourself???
I am wondering if PDN is actually already producing or are we still waiting for start of production. I know I stated that they started producing but now I have a doubt.If they are not yet then when they go into prod this should boost them back up
What do you mean "I stated that they started producing....". Isn't that what Paladin said in their press release??? Do you ever have any facts Fab, or do you only make vague comments about nothing, and always ask for basic information which you could easily find yourself???
Fab
4th-January-2007, 10:33 PM
What do you mean "I stated that they started producing....". Isn't that what Paladin said in their press release??? Do you ever have any facts Fab, or do you only make vague comments about nothing, and always ask for basic information which you could easily find yourself???
Just read the announcement quickly that is why I could not remember.
Just read the announcement quickly that is why I could not remember.
nizar
4th-January-2007, 10:38 PM
I am wondering if PDN is actually already producing or are we still waiting for start of production. I know I stated that they started producing but now I have a doubt.If they are not yet then when they go into prod this should boost them back up
LOL if you base your stock picking on fundamentals, then do some research buddy. Please.
LOL if you base your stock picking on fundamentals, then do some research buddy. Please.
Fab
5th-January-2007, 07:40 AM
LOL if you base your stock picking on fundamentals, then do some research buddy. Please.
I actually bought into this one because I believe in Nuclear technology and they were at the time the closest to production and owning asset overseas which are easier to develop than Oz one. That is my fundamental analysis of this stock. I did not do too bad as I bought at $2.45. My problem now is to know when to sell as pdn has corrected quite strongly in the last few days. I still think it will go above $10 and more if the U mining policy is changed in June :)
I actually bought into this one because I believe in Nuclear technology and they were at the time the closest to production and owning asset overseas which are easier to develop than Oz one. That is my fundamental analysis of this stock. I did not do too bad as I bought at $2.45. My problem now is to know when to sell as pdn has corrected quite strongly in the last few days. I still think it will go above $10 and more if the U mining policy is changed in June :)
lancer
5th-January-2007, 08:33 AM
I actually bought into this one because I believe in Nuclear technology and they were at the time the closest to production and owning asset overseas which are easier to develop than Oz one. That is my fundamental analysis of this stock. I did not do too bad as I bought at $2.45. My problem now is to know when to sell as pdn has corrected quite strongly in the last few days. I still think it will go above $10 and more if the U mining policy is changed in June :)
Wow nice, as much as I like research sometimes looking at the big picture works better than finding a stock that has a good pe ratio etc....Especially in the case of PDN which you would have never bought if you based it on earnings and such...Good job!
Wow nice, as much as I like research sometimes looking at the big picture works better than finding a stock that has a good pe ratio etc....Especially in the case of PDN which you would have never bought if you based it on earnings and such...Good job!
kennas
5th-January-2007, 08:46 AM
I actually bought into this one because I believe in Nuclear technology and they were at the time the closest to production and owning asset overseas which are easier to develop than Oz one. That is my fundamental analysis of this stock. I did not do too bad as I bought at $2.45. My problem now is to know when to sell as pdn has corrected quite strongly in the last few days. I still think it will go above $10 and more if the U mining policy is changed in June :)
Fab, why is there so much upside in PDN if the Aust policy is changed in June, and why $10+?
Firstly, the Labor Party national conference is in April which is when the policy will be changed. Then it will take some time for the Labor State Govs to ratify the decision. This could take any time up to 6 months probably.
Second, do you think that PDNs upside is in their Australian projects? Their projects in Australia are JVs with SMM and EME. Sure the IUJV is a good project but I'm not sure about Bigryli yet.
With a $10 sp what market cap do you have for PDN? :eek: :eek:
Fab, why is there so much upside in PDN if the Aust policy is changed in June, and why $10+?
Firstly, the Labor Party national conference is in April which is when the policy will be changed. Then it will take some time for the Labor State Govs to ratify the decision. This could take any time up to 6 months probably.
Second, do you think that PDNs upside is in their Australian projects? Their projects in Australia are JVs with SMM and EME. Sure the IUJV is a good project but I'm not sure about Bigryli yet.
With a $10 sp what market cap do you have for PDN? :eek: :eek:
Fab
5th-January-2007, 09:12 AM
Fab, why is there so much upside in PDN if the Aust policy is changed in June, and why $10+?
Firstly, the Labor Party national conference is in April which is when the policy will be changed. Then it will take some time for the Labor State Govs to ratify the decision. This could take any time up to 6 months probably.
Second, do you think that PDNs upside is in their Australian projects? Their projects in Australia are JVs with SMM and EME. Sure the IUJV is a good project but I'm not sure about Bigryli yet.
With a $10 sp what market cap do you have for PDN? :eek: :eek:
If you look at the market cap it is way too high therefore there is always the risk it will correct dramatically but then we have never had any U stocks rush before and there is a huge demand for uranium even though OZ does not change their policy and PDN will be able to benefit from it anyway as they are mining U in Africa and they are now producing the stuff.
Firstly, the Labor Party national conference is in April which is when the policy will be changed. Then it will take some time for the Labor State Govs to ratify the decision. This could take any time up to 6 months probably.
Second, do you think that PDNs upside is in their Australian projects? Their projects in Australia are JVs with SMM and EME. Sure the IUJV is a good project but I'm not sure about Bigryli yet.
With a $10 sp what market cap do you have for PDN? :eek: :eek:
If you look at the market cap it is way too high therefore there is always the risk it will correct dramatically but then we have never had any U stocks rush before and there is a huge demand for uranium even though OZ does not change their policy and PDN will be able to benefit from it anyway as they are mining U in Africa and they are now producing the stuff.
kennas
5th-January-2007, 09:32 AM
If you look at the market cap it is way too high therefore there is always the risk it will correct dramatically but then we have never had any U stocks rush before and there is a huge demand for uranium even though OZ does not change their policy and PDN will be able to benefit from it anyway as they are mining U in Africa and they are now producing the stuff.
I think there WILL be more upside in Australia Fab, just not sure how to put a $$ figure on it. Perhaps it's factored into the sp already? I think they'll be involved with more consolidation in the sector too. Perhaps they will buy out DYL or SMM or EME, or even BMN, but these market caps are getting so high they might have missed the boat. Would certainly be very hard for anyone to buy PDN now comparing market cap to what they are going to earn. I don't think anyone has worked that out yet actually....
I think there WILL be more upside in Australia Fab, just not sure how to put a $$ figure on it. Perhaps it's factored into the sp already? I think they'll be involved with more consolidation in the sector too. Perhaps they will buy out DYL or SMM or EME, or even BMN, but these market caps are getting so high they might have missed the boat. Would certainly be very hard for anyone to buy PDN now comparing market cap to what they are going to earn. I don't think anyone has worked that out yet actually....
dj_420
5th-January-2007, 09:40 AM
what kennas is asking is that market cap actually justifiable for their cash flow and projects.
at $10 i have the market cap at $5 billion dollars (around 500 million shares on issue - from last qtrly).
LH has around 100 million pounds which at insitu is $7.2 billion USD. not sure what cost of production is havent looked that far. but less production and the market cap is not to far off what LH would be worth.
obviously spot will increase and they have only just begun production, so we are yet to see cashflow begin.
IMO sp ran a little hard and is now showing some retracement. could be wrong just my two cents.
at $10 i have the market cap at $5 billion dollars (around 500 million shares on issue - from last qtrly).
LH has around 100 million pounds which at insitu is $7.2 billion USD. not sure what cost of production is havent looked that far. but less production and the market cap is not to far off what LH would be worth.
obviously spot will increase and they have only just begun production, so we are yet to see cashflow begin.
IMO sp ran a little hard and is now showing some retracement. could be wrong just my two cents.
Fab
5th-January-2007, 10:03 AM
I think there WILL be more upside in Australia Fab, just not sure how to put a $$ figure on it. Perhaps it's factored into the sp already? I think they'll be involved with more consolidation in the sector too. Perhaps they will buy out DYL or SMM or EME, or even BMN, but these market caps are getting so high they might have missed the boat. Would certainly be very hard for anyone to buy PDN now comparing market cap to what they are going to earn. I don't think anyone has worked that out yet actually....
I am not saying there is no upside for pdn in Australia but it would be much easier at the moment to mine in Africa I guess if the labor party remove the mining restriction in April then that should give a boost to the mining sector that is where I am coming from.
I am not saying there is no upside for pdn in Australia but it would be much easier at the moment to mine in Africa I guess if the labor party remove the mining restriction in April then that should give a boost to the mining sector that is where I am coming from.
lancer
5th-January-2007, 10:44 AM
PDN up 35 cents atm, anyone think the correction or small pullback may be a better term is complete? Or still too early to know?
kennas
5th-January-2007, 10:54 AM
I am not saying there is no upside for pdn in Australia but it would be much easier at the moment to mine in Africa I guess if the labor party remove the mining restriction in April then that should give a boost to the mining sector that is where I am coming from.
Yes, in the lead up to April there should be renewed focus on Aussie U companies in Australia. I just wonder how much of the policy change is already been factored into the sp's? I think it's a monty that Labor will change and I think the market does too, so perhaps not much? Anyway, will be interesting to see. Focus will definately be on uranium and that can't be bad at all.
Yes, in the lead up to April there should be renewed focus on Aussie U companies in Australia. I just wonder how much of the policy change is already been factored into the sp's? I think it's a monty that Labor will change and I think the market does too, so perhaps not much? Anyway, will be interesting to see. Focus will definately be on uranium and that can't be bad at all.
Rafa
5th-January-2007, 11:20 AM
most U stocks have rebounded well today or are holding their own...
Just as i predicted... ;)
ok, ok, i admit, it was just a guess...
rather, it was just a hope...
anyway,
i would expect all u stocks to take a nice healthy breather now...
bit of consolodation around these prices is just what is needed.
what are your thoughts?
is this just a bounce, before continuing to fall...
In PDN's case, i think today's action is a bounce... before it continues to settle down from its lofty heights.... probably as kennas mentioned around 7.50
In the case of AGS, i think the JORC's are rather close by, and hence i can't see this one staying down for long...
MTN is well overdue for breather, i would like it to settle around 1.80
BMN, well, as alluded to earlier, this stock only knows one direction... so far its holding the steeper uptrend, with support from the slightly less steeper uptrend channel :cool:
Just as i predicted... ;)
ok, ok, i admit, it was just a guess...
rather, it was just a hope...
anyway,
i would expect all u stocks to take a nice healthy breather now...
bit of consolodation around these prices is just what is needed.
what are your thoughts?
is this just a bounce, before continuing to fall...
In PDN's case, i think today's action is a bounce... before it continues to settle down from its lofty heights.... probably as kennas mentioned around 7.50
In the case of AGS, i think the JORC's are rather close by, and hence i can't see this one staying down for long...
MTN is well overdue for breather, i would like it to settle around 1.80
BMN, well, as alluded to earlier, this stock only knows one direction... so far its holding the steeper uptrend, with support from the slightly less steeper uptrend channel :cool:
Fab
5th-January-2007, 05:02 PM
:) PDN appears to have bounced around the $8 mark maybe this is its new support.
lancer
11th-January-2007, 10:49 AM
I Dont know about going crazy, but I am happy it is up. Hopefully it is on the rebound for a while. I know PDN did not pullback or correct as much as some other big U stocks I own. Hopefully we will see a few up days to be sure we are through the worst of it
fma007
11th-January-2007, 11:36 AM
down again.. and dragging other u stocks down. a spot price increase would be very nice to get things moving again or else we have to wait until march for some action
Fab
11th-January-2007, 12:06 PM
down again.. and dragging other u stocks down. a spot price increase would be very nice to get things moving again or else we have to wait until march for some action
Yes that is what I am thinking too or maybe a good announcement :)
Yes that is what I am thinking too or maybe a good announcement :)
Fab
12th-January-2007, 03:10 PM
Can anyone make sense of the today "Langer Heirich" announcement?? Is that positive? :eek7:
lancer
12th-January-2007, 03:43 PM
Can anyone make sense of the today "Langer Heirich" announcement?? Is that positive? :eek7:
Fab,
I did not read 174 pages but I know thge first ann is good and judging by the stock being up 5% it must be good. Maybe someone who likes reading can help us out?
Fab,
I did not read 174 pages but I know thge first ann is good and judging by the stock being up 5% it must be good. Maybe someone who likes reading can help us out?
Bomba
12th-January-2007, 03:45 PM
Comsec has approved PDN for margin lending at 40% for those interested.
x2rider
12th-January-2007, 03:59 PM
Hi All
They also had a 4% rise overnight as well. So it was easy to tell that they were going to have a better day than recent times.
Anyway, reading gives me a headache. I'll wait for the DVD :)
Cheers martin
They also had a 4% rise overnight as well. So it was easy to tell that they were going to have a better day than recent times.
Anyway, reading gives me a headache. I'll wait for the DVD :)
Cheers martin
Fab
12th-January-2007, 04:41 PM
Hi All
They also had a 4% rise overnight as well. So it was easy to tell that they were going to have a better day than recent times.
Anyway, reading gives me a headache. I'll wait for the DVD :)
Cheers martin
What do you mean by 'They also had a 4% rise overnight as well' ??
They also had a 4% rise overnight as well. So it was easy to tell that they were going to have a better day than recent times.
Anyway, reading gives me a headache. I'll wait for the DVD :)
Cheers martin
What do you mean by 'They also had a 4% rise overnight as well' ??
champ2003
12th-January-2007, 07:22 PM
Comsec has approved PDN for margin lending at 40% for those interested.
Not according to their website so their is no margin lending from them for PDN at the moment. It would be interesting to see if it is added at some stage in the future though.
Cheers!
Champ
Not according to their website so their is no margin lending from them for PDN at the moment. It would be interesting to see if it is added at some stage in the future though.
Cheers!
Champ
lancer
13th-January-2007, 01:37 AM
What do you mean by 'They also had a 4% rise overnight as well' ??
He means in the canadian market www.tsx.com
He means in the canadian market www.tsx.com
Fab
13th-January-2007, 05:16 AM
He means in the canadian market www.tsx.com
Thx. How often are the price refreshed on this website ? and how useful are the PDN Tsx price to give a trend to PDN asx price the day after
Thx. How often are the price refreshed on this website ? and how useful are the PDN Tsx price to give a trend to PDN asx price the day after
lancer
13th-January-2007, 09:33 AM
Thx. How often are the price refreshed on this website ? and how useful are the PDN Tsx price to give a trend to PDN asx price the day after
Fab,
You have to refresh the website yourself. There is a 15 minute delay too.
I also have a question if anyone can help me regarding the news release on asx vs tsx. Yesterday asx had 2 releases that boosted the PDN 6% but they never released it on the canadian exchange and the stock was only up 2% today (fri). I am thinking if they had released it on the canadian it would have pushed it higher. Any thoughts??
Thanks
Fab,
You have to refresh the website yourself. There is a 15 minute delay too.
I also have a question if anyone can help me regarding the news release on asx vs tsx. Yesterday asx had 2 releases that boosted the PDN 6% but they never released it on the canadian exchange and the stock was only up 2% today (fri). I am thinking if they had released it on the canadian it would have pushed it higher. Any thoughts??
Thanks
lancer
13th-January-2007, 09:36 AM
Thx. How often are the price refreshed on this website ? and how useful are the PDN Tsx price to give a trend to PDN asx price the day after
As for the second part of your question, I am still trying to figure that out. I am pretty sure they trade off each other kind of. In other words if asx ended a trading day at 8.50 then the toronto exchange would open at 8.50 (of course with the currency exchange figured in) but sometimes it does not do that.. If anyone can clarify how the prices trade back and forth between the 2 exchanges I would like to know for sure.
As for the second part of your question, I am still trying to figure that out. I am pretty sure they trade off each other kind of. In other words if asx ended a trading day at 8.50 then the toronto exchange would open at 8.50 (of course with the currency exchange figured in) but sometimes it does not do that.. If anyone can clarify how the prices trade back and forth between the 2 exchanges I would like to know for sure.
Fab
13th-January-2007, 10:39 AM
As for the second part of your question, I am still trying to figure that out. I am pretty sure they trade off each other kind of. In other words if asx ended a trading day at 8.50 then the toronto exchange would open at 8.50 (of course with the currency exchange figured in) but sometimes it does not do that.. If anyone can clarify how the prices trade back and forth between the 2 exchanges I would like to know for sure.
Let's test the therory then. PDN closed 3.02% higher on friday at 7.850 Canadian $ what will be the opening on monday based on the PDN TSN closing price (I don't know the A$ vs C$ exchange rate?) :)
Let's test the therory then. PDN closed 3.02% higher on friday at 7.850 Canadian $ what will be the opening on monday based on the PDN TSN closing price (I don't know the A$ vs C$ exchange rate?) :)
lancer
13th-January-2007, 11:12 AM
Let's test the therory then. PDN closed 3.02% higher on friday at 7.850 Canadian $ what will be the opening on monday based on the PDN TSN closing price (I don't know the A$ vs C$ exchange rate?) :)Actually asx will trade first they are ahead...But we can try it after mon. close
champ2003
13th-January-2007, 05:23 PM
Comsec has approved PDN for margin lending at 40% for those interested.
Sorry you were right. Comsec has added PDN for margin lending overnight.
Cheers!
Champ
Sorry you were right. Comsec has added PDN for margin lending overnight.
Cheers!
Champ
bvbfan
13th-January-2007, 11:26 PM
AUDCAD is about 0.91706, now divide CAD close by that will give you an AUD amount.
The only problem is some markets will pay a premium for a certain type of stock.
TSX seems to value Molybdenum stocks higher than ASX, whereas I guess ASX will value U stocks higher than TSX.
If you want to compare some ASX v TSX stocks
here are a few dual listed
AVM
MOL
EQN
The only problem is some markets will pay a premium for a certain type of stock.
TSX seems to value Molybdenum stocks higher than ASX, whereas I guess ASX will value U stocks higher than TSX.
If you want to compare some ASX v TSX stocks
here are a few dual listed
AVM
MOL
EQN
desyner
14th-January-2007, 03:44 PM
Trader dealer gives 70%
Fab
15th-January-2007, 04:41 PM
Actually asx will trade first they are ahead...But we can try it after mon. close
Ok. PDN closed at A$3.60 on the ASX today what will be the opening for PDN on the TSX ?
Ok. PDN closed at A$3.60 on the ASX today what will be the opening for PDN on the TSX ?
mmmmining
15th-January-2007, 05:09 PM
Ok. PDN closed at A$3.60 on the ASX today what will be the opening for PDN on the TSX ?
Ask a monkey, and a drunk monkey
Ask a monkey, and a drunk monkey
x2rider
15th-January-2007, 06:06 PM
Hi fab
The straight conversion is $ 7.90 Cnd so pretty much the same I would say. The driver will be if any info comes out over night that might push it up or down. On viewing in the morning will be a bit of a guide :)
Cheers Martin
The straight conversion is $ 7.90 Cnd so pretty much the same I would say. The driver will be if any info comes out over night that might push it up or down. On viewing in the morning will be a bit of a guide :)
Cheers Martin
lancer
16th-January-2007, 12:33 PM
Looks like the little bit of news released is pushing the stock back up. PDN's chart is like clockwork for the perfect typical stock that goes up and pulls back a little then pushes up more. Anyone else notice this? I am not sure I have seen one that is more steady....Hope it continues
Fab
16th-January-2007, 02:04 PM
looks like the little bit of news released is pushing the stock back up. PDN's chart is like clockwork for the perfect typical stock that goes up and pulls back a little then pushes up more. Anyone else notice this? I am not sure I have seen one that is more steady....Hope it continues
I noticed that since I bought it a year ago. It goes up and then consolidate and then up again by spikes. Also the news released today are very good as they now have a perm marketing manager who is commiting to the company. What else do you need. :) I can't see why PDN would not continue this trend now
I noticed that since I bought it a year ago. It goes up and then consolidate and then up again by spikes. Also the news released today are very good as they now have a perm marketing manager who is commiting to the company. What else do you need. :) I can't see why PDN would not continue this trend now
x2rider
16th-January-2007, 04:26 PM
hi folks
Yeah fab it is a nice share to trade. Tonight will be good to see the reaction over in Canada. Mostly good news for the stock and is getting back to the all time high level. This wil no doubt prove some resistance again and could prove a chance for a quick short trade with CFD's. It has had a good run over the last few days so $9 and the chance of a new high might just be to hard to push through this time.
But hey I have been wrong before and will continue to be wrong in the future.
Cheers martin :D
Yeah fab it is a nice share to trade. Tonight will be good to see the reaction over in Canada. Mostly good news for the stock and is getting back to the all time high level. This wil no doubt prove some resistance again and could prove a chance for a quick short trade with CFD's. It has had a good run over the last few days so $9 and the chance of a new high might just be to hard to push through this time.
But hey I have been wrong before and will continue to be wrong in the future.
Cheers martin :D
barney
16th-January-2007, 04:41 PM
hi folks
Yeah fab it is a nice share to trade. Tonight will be good to see the reaction over in Canada. Mostly good news for the stock and is getting back to the all time high level. This wil no doubt prove some resistance again and could prove a chance for a quick short trade with CFD's. It has had a good run over the last few days so $9 and the chance of a new high might just be to hard to push through this time.
But hey I have been wrong before and will continue to be wrong in the future.
Cheers martin :D
I agree X2, PDN is probably my most favorite share for varying reasons, but I just got the feeling this arvo that the punters realise its price is "up there" now, and maybe aren't prepared to call it a "sure thing" as far as rising exponentially, at least atm. The chart says to me its lost a little momentum, and for that reason I think it might drop a bit short term and bounce around in the $8.50 region till a bit more consolidation sets in .......... Probably depends more on the general market sentiment than anything else ......... Just an observation .... I could be totally wrong. All the best to holders.
Yeah fab it is a nice share to trade. Tonight will be good to see the reaction over in Canada. Mostly good news for the stock and is getting back to the all time high level. This wil no doubt prove some resistance again and could prove a chance for a quick short trade with CFD's. It has had a good run over the last few days so $9 and the chance of a new high might just be to hard to push through this time.
But hey I have been wrong before and will continue to be wrong in the future.
Cheers martin :D
I agree X2, PDN is probably my most favorite share for varying reasons, but I just got the feeling this arvo that the punters realise its price is "up there" now, and maybe aren't prepared to call it a "sure thing" as far as rising exponentially, at least atm. The chart says to me its lost a little momentum, and for that reason I think it might drop a bit short term and bounce around in the $8.50 region till a bit more consolidation sets in .......... Probably depends more on the general market sentiment than anything else ......... Just an observation .... I could be totally wrong. All the best to holders.
x2rider
16th-January-2007, 07:08 PM
nice barney
I can see a nice trend that has formed from mid november and with the previous high is forming a a nice ascending triangle.
I don't think the drop would be much either but I do think it will happen. If it breaks down through this trendline then $8 or then $7.50 will be the next support points . These can also be a point to exit the short trade and go long.
We'll have to see how it goes. I know that it is looking a bit top heavy at the moment, but with production up and running any rise in the price of U will have to see a rerating :)
Cheers Martin
I can see a nice trend that has formed from mid november and with the previous high is forming a a nice ascending triangle.
I don't think the drop would be much either but I do think it will happen. If it breaks down through this trendline then $8 or then $7.50 will be the next support points . These can also be a point to exit the short trade and go long.
We'll have to see how it goes. I know that it is looking a bit top heavy at the moment, but with production up and running any rise in the price of U will have to see a rerating :)
Cheers Martin
thierry
17th-January-2007, 06:05 PM
CBA have put PDN into margin lending.. I am sure other ML providers will do the same, would this have an upward effect on the SP?(i.e more money to invest in the stock)
champ2003
17th-January-2007, 06:46 PM
CBA have put PDN into margin lending.. I am sure other ML providers will do the same, would this have an upward effect on the SP?(i.e more money to invest in the stock)
This is all old news now as its been mentioned in earlier posts.
This is all old news now as its been mentioned in earlier posts.
MalteseBull
19th-January-2007, 10:51 AM
getting butchered today
Fab
19th-January-2007, 11:11 AM
getting butchered today
Not sure why so?
Not sure why so?
fma007
19th-January-2007, 11:22 AM
Drop in oil price overnight imo
lancer
19th-January-2007, 11:35 AM
Drop in oil price overnight imo
It is not that. PDN lost 3% on the canadian exchange last night while I had 3 U stocks go up 6-10% each. I think it is still correcting from a great run. Maybe tomorrow we will find a increase in the spot price. I will post it if anything changes.
It is not that. PDN lost 3% on the canadian exchange last night while I had 3 U stocks go up 6-10% each. I think it is still correcting from a great run. Maybe tomorrow we will find a increase in the spot price. I will post it if anything changes.
Halba
19th-January-2007, 11:37 AM
does pdn produce oil?
kennas
19th-January-2007, 11:43 AM
does pdn produce oil? :D Gold
Kauri
19th-January-2007, 11:46 AM
:D Gold
It produces gold :confused: ..
Sorry, feeling in a silly mood today... :silly:
It produces gold :confused: ..
Sorry, feeling in a silly mood today... :silly:
lancer
19th-January-2007, 12:01 PM
It produces gold :confused: ..
Sorry, feeling in a silly mood today... :silly:
haha, pretty much gold...Produces Uranium. Some think lower oil prices equals lower Uranium stock price.....
Sorry, feeling in a silly mood today... :silly:
haha, pretty much gold...Produces Uranium. Some think lower oil prices equals lower Uranium stock price.....
fma007
19th-January-2007, 12:15 PM
well, i say oil price drop is the reason because lower oil prices makes oil seem a more attractive energy source than uranium. Obviously does not translate directly into practice but in terms of sentiment maybe.. :2twocents
lancer
19th-January-2007, 12:54 PM
well, i say oil price drop is the reason because lower oil prices makes oil seem a more attractive energy source than uranium. Obviously does not translate directly into practice but in terms of sentiment maybe.. :2twocents
I do understand that, but what about the other near term U producers that went up yesterday and today? I would guess the whole sector would be down a lot if it were due to oil.
I do understand that, but what about the other near term U producers that went up yesterday and today? I would guess the whole sector would be down a lot if it were due to oil.
Bush Trader
19th-January-2007, 01:26 PM
I do understand that, but what about the other near term U producers that went up yesterday and today? I would guess the whole sector would be down a lot if it were due to oil.
ERA is only off 1.8% and hardly off at all at 11:00 when PDN had dropped 5%,
interestingly. This might be a pull back from "Hot Money Traders" as the charts are getting pretty steep. (See attachment for analysis).
Is this a pull-back buy oportunity, or the start of an overheated correcion? I would be interested in your opinion
Cheers
ERA is only off 1.8% and hardly off at all at 11:00 when PDN had dropped 5%,
interestingly. This might be a pull back from "Hot Money Traders" as the charts are getting pretty steep. (See attachment for analysis).
Is this a pull-back buy oportunity, or the start of an overheated correcion? I would be interested in your opinion
Cheers
lancer
19th-January-2007, 02:51 PM
Thats a good question, I would venture to guess its a small pullback, but if I wasnt currently holding I dont think I would buy yet...There has been a lot of good news out so far, the only thing I can think to boost it short term would be either:
Spot price increase or
Good news in the spring from the government (which I think more peole are already counting on)
Still a great stock that I am holding long term regardless of what it does now
Spot price increase or
Good news in the spring from the government (which I think more peole are already counting on)
Still a great stock that I am holding long term regardless of what it does now
scsl
20th-January-2007, 12:26 AM
BT, thanks for the attached article.
"$10 next month should be regarded a done deal" - wow, that's confidence!!
"$10 next month should be regarded a done deal" - wow, that's confidence!!
rederob
20th-January-2007, 01:20 AM
BT, thanks for the attached article.
"$10 next month should be regarded a done deal" - wow, that's confidence!!
Although I hold PDN, I don't think it's good value at present prices.
If I were looking to buy into the stock, my target price would be $7.40 tho I would have 2 shots at it: First entry at $7.50 (to make sure I "got" some) and the remainder at $7.35 or less if a selldown was in the wind.
I don't think $10 is close-by and think April is a chance.
But as Lancer notes, a spot price hike could do wonders.
I think the real take off point will be when PDN has posted its first quarter results and we know what we are dealing with.
"$10 next month should be regarded a done deal" - wow, that's confidence!!
Although I hold PDN, I don't think it's good value at present prices.
If I were looking to buy into the stock, my target price would be $7.40 tho I would have 2 shots at it: First entry at $7.50 (to make sure I "got" some) and the remainder at $7.35 or less if a selldown was in the wind.
I don't think $10 is close-by and think April is a chance.
But as Lancer notes, a spot price hike could do wonders.
I think the real take off point will be when PDN has posted its first quarter results and we know what we are dealing with.
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