Q: Could you please share your thoughts about Paladin as an investment to take advantage of uranium’s uptrend.
I’m a long time Fission shareholder wondering whether to hold on or invest elsewhere.
Thank you.
Marc.
I’m a long time Fission shareholder wondering whether to hold on or invest elsewhere.
Thank you.
Marc.
5i Research Answer:
Longer term, shares of PDN have done well but overall and in general terms, we struggle to get excited about uranium companies. Revenues tend to be chunky and the catalysts that investors think are coming always seem to take far longer than expected. PDN could do fine from here but after a sizable acquisition and given the nature of the industry, we would tend to lean towards 'easier' opportunities elsewhere.