Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Energy

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.

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Denison Mines Corp

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Post by netgenxon Mar 12, 2008 11:21pm

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Post# 14650487

Cameco, PDN & DML

Gerald W. Grandey, President of Cameco is reportedly on the hunt. Given CCO's prodution problems my guess is that they'd go after someone with current production. Urnanium one is an ongoing disaster at the moment; that leaves PDN or DML. PDN already has a JV with CCO, so that might give them an inside track, but DML has mills and mines in the US which is a pretty big deal since U is priced in US dollars. It's nice to have your imput costs and selling price linked. Any thoughts on what price might do the trick?

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High-grade gold potential in the world’s best mining jurisdiction