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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.


TSX:DML - Post by User

Denison Mines Corp
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Post by cjsellon Sep 16, 2009 12:15pm
308 Views
Post# 16310814

Tipping point

Tipping pointI believe the spot price of uranium has bottomed and we are seeing as others have pointed out, shorts covering and others getting into DML under the $2.00 level.  Folks are now going long on DML for the Oct - Dec run.  At least that's the way I see it.  AND we still are awaiting the drill results,  as we saw with HAT, if they are as good as we think they are, we should get an additional pop.

I do wonder why DML is putzing around with the new mine, rather than conserve their cash and plan on getting Wheeler going.

CJ
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Dealroom for high-potential pre-IPO opportunities