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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 howdy1on Apr 22, 2013 12:26pm
112 Views
Post# 21284483

RE: RE: RE: CONCERNING

RE: RE: RE: CONCERNING

I don't know about you, Risky but the story from where I stand is much more than Japan.  Yes, Japan firing up their units, consuming fuel, and causing buying pressure for uranium would be a great short term catalyst but I think most here eye new plant builds as the real growth driver.  

 

Given that it takes more than a week or two to switch energy generation modes, you need to look at this industry as a play on utilities.  Bottom line:  are people going to use more or less electricity in the upcoming years?  And how will it be generated?  

 

If you see a future with nuclear  power, this is be a great place to be.  If not, Arch Coal might be your buy.  

Bullboard Posts