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

Bullboard Posts

Post by cjsellon Nov 10, 2009 7:41pm

389 Views

Post# 16473202

Wheeler is the short term key

I am kind of tired of the same old folks who keep saying sell almost as much as those who say buy without any basis of fact (or really good fiction), just idle silly speculation. In both cases why not do a little bit of work and share information (good or bad) with the board?

Denison announced their current drilling plan, and their president called it a "company maker". Their drilling program is focused around "sweet spots" where the U308 concentration was outstanding. This is the only catalyst that could drive the share price higher, drill to prove the quality of the resource. Period end of story. The deposit is not under water like Cigar lake, and is close to Denison assets. hence the synergy.

We WILL see action in advance of any news release, and that is a fact. How good the results will be is anyones guess. I do believe the uranium market will pick up steam, just maybe not unitl Q1 of 2010. However I suggest you eyeball the map and look at prior drill PR news releases and plot exactly what has been drilled.

CJ