PDN-Paladin Resources

[tobo]

PDN up 10% overnight on Toronto Stock Exchange. Should be a good open today.
Big volumes for the last couple of days on the ASX.

yep it's building. Opened 518, closed 535

ToBo. Holding

[Torrero]

What has the new CFO done at OGC, his previous company has gone
backwards and has a small market cap, what is the rationale of
appointing him CFO of a 3 billion dollar co. Can anyone see where the
value add is??

[Skol]

This one has been a big winner over the last few months.
Up 24c today as PDN is added to the MSCI Global Standard Index for Australia.

[Skol]

Anyone got any thoughts on this at the moment?
I'm looking to buy some more if it hits $4, looks to be a support level around there.

[drillfix]

$4.00 support?

Dont you maybe mean around $3.90 +or- a few cents support?

Stochastics heading downwards atm.

[mistymountain]

whats happening now at the mine?? Big producer according to PR but SP heads south. Big picture says U woorks in a CO2 free world though. POU is low US$40. How do analysts value this company??

Cheers

MM

[mistymountain]

Since my post PDN continues to post encouraging results; latest quarterly report shows good growth and sales.

As well as releasing another takeover prospect albeit a small company;

Anyone keen to shed some technical light on PDN??

Cheers

[Phaedrus]

It's pretty obvious that the market doesn't share your enthusiasm for this stock, MM.
PDN is in a short-term, medium-term and long-term downtrend. That's about as bad as it gets.

A year ago PDN triggered multiple Sell signals and it has been in a steady downtrend ever since. As yet, there is no technical evidence of this downtrend weakening.

[mistymountain]

Thanks for the response and feedback there Phaedrus; the TA looks gloomy on paper and may coincide with the U price dropping like a stone since 2007. I was thinking more in terms of potential for PDN to be an undervalued stock given U potential upside, ramping up of production, new exploration and ongoing demand for noncarbon fuels. More medium to long term I guess... 3 - 10 years....

From a TA point of view I'd certainly appreciate your comments in the months to come as to when (if ever!) there may be some buy signals...

Cheers

[mistymountain]

Well since my last post U has lifted in price 10 % in quite a big jump.... Will be interesting to see if this momentum continues. I'd be interested to know when if what the buy signals for PDN would be. The macro analysis would say this company has a strong future though as mentioned above the current market doesn't think so...