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Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.


TSX:DML - Post by User

Bullboard Posts
Comment by daniel52on Mar 29, 2007 12:25am
484 Views
Post# 12509503

RE: Uranium in very short supply!!!

RE: Uranium in very short supply!!!Since uranium metal used in the power plants amounts to only about 7% of the cost of running the plant - as opposed to up to 50% for oil fired power plants and somewhat less for gas run plants and a little less for coal - which is really messy, I doubt that the real buyers from the nuclear power plants themselves are breaking a sweat. No, not about price. But, they are sweating about availability, and they dread the coming bidding wars. And best of all, for the next four years at least the supply situation will only get worse, a lot worse. That's the best part because the opposite is true for us.
Bullboard Posts