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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Comment by Hqzuj12on Oct 17, 2008 12:32pm

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Post# 15531760

RE: RE: RE: 3 year hold..toppgunn

I like your idea about income trusts. If you look at TUI.UN it pays dividends $0.04.mo/sh. What I did was design myself a table on a spread sheet and I calculated that if I were to start with $5000 @$2/sh, that makes around 2500 shares to start. In about 10 years adding $100 per mo of cash + reinvesting dividends @ increasing random prices between $2/sh and $7/sh by compounding it. I would have almost $100,000. Not bad. Why risk it with uncertain trades. Provided that TUI is still around in 10 yrs and still paying out dividends.

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