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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Herb Duncan who wrote (5782)	12/31/2006 4:59:46 PM
From: Tommaso	Respond to of 30190

Sounds pretty good, unless the current president tries to change the constitution again and sets off some kind of civil war. It seems likely they would not try to nationalize Paladin's project until it had been well established, and it sounds as if Paladin will start making money on it very quickly. I am not quite clear where the milling will be done, but once you have drums of U3O8, transportation is not a problem. economist.com.na thestar.com "The BFS clearly indicates that the Langer Heinrich Uranium Project can be developed into a profitable mining operation. The BFS incorporates a uranium pricing schedule for U3O8 ranging from US$26/lb to US$35/lb over the 15 year period. The BFS financial modelling shows highly attractive returns can be achieved based on using defined reserves only. Due to restrictions under Canadian securities laws respecting disclosure of results of economic evaluations using Inferred Resources, Paladin is currently unable to release the more complete economic analysis resulting from the BFS work. Nevertheless, the robust nature for the Project is clearly illustrated by its ability to pay back initial capital and working capital 3.5 years after commencement of operations, scheduled for start up in September 2006." paladinresources.com.au