Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« The Innocenti | Main | U3O8 Corp. & Chubut Provincial Government in advanced negotiations to partner on the Laguna Salada Project in Argentina »
Wednesday
Aug282013

Langer Heinrich sale still on the cards

28th August 2013 

PERTH (miningweekly.com) – Uranium miner Paladin Energy was still in the market to sell off a minority stake in its Langer Heinrich project, in Namibia, if the offer price was right.


Speaking on the sidelines of the first day of the Africa Downunder conference, CEO John Borshoff said that since negotiations on the minority stake sale were terminated earlier this month, the company had received three more inquiries on the sale.

Earlier this month, Paladin abandoned its plans for a minority stake sale in Langer Heinrich, opting instead to raise some A$88-million through a share placement to institutional and accredited investors.

“The sale of [a stake in] Langer Heinrich remains an option. It was never off the table. The raising was never meant to replace the sale,” Borshoff said on Wednesday.

Please click here to read this artcile in full

With gold, silver and Uranium stocks being out of favor one must decide if this is a problem or an opportunity. We have steadfastly refused to buy gold and silver mining stocks for the last two years and as evidenced by the HUI we feel that our decision to hold back has been vindicated. The damage done to the mining sector may not be over yet but this demise is starting to offer up some exciting opportunities in my view.

 

Great care will be needed in the selection process in order to generate a reasonable profit and that’s where our new venture begins. ‘Stock Trader’ has begun trading on behalf of ourselves and our much valued subscribers, all exciting stuff which we are really looking forward to, if you wish to join us then please subscribe below;

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

Don’t forget if you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that your verification has not gone astray and you are getting our emails.

As regular readers will know skoptionstrading has capped its membership, so the best we can offer you at the moment is a place you on the waiting list which you can do via this link, thank you.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (1)

this company has been a huge disappointment for investors over the last 6 yrs. PDN was to start turing a profit in 2009 (analysts) and the market's still waiting for a positive EPS from PDN and now 2014 is nearing. PDN must be doing something majorly wrong.PDN is being run into the ground drowning in debt and in a year or two be a penny stock. At this price now (.50 cents), why hasn't a larger firm taken them out ? Millions have been lost by investors around the world due to this poorly run company.

August 29, 2013 | Unregistered Commenterrick

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>