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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 mohsin6on Oct 16, 2016 3:54pm
209 Views
Post# 25349052

RE:CapitalCube

RE:CapitalCubei dont know about .36cents which seems absurdly low. However .47cents does sound about right (52 week low price).  I am selling a bit at a loss for now as definitely in the short term this uranium sector as a whole sucks. Hopefully i will avg cost down perhaps during the mid 40cent range as there is still going to be tax losses.  In addition i dont believe this latest news was that great of a value for Denison as it was for ALX.  We are commited big time to drill for them and they get a major piece of the pie of Denison shares as well as 20% retaining of the property without doing much work on their part.  Lucky idiots i think that they found someone.   Longterm i am hoping we can turn the ship around eventually once the uranium price starts going up which is more than a year away at least.   
Bullboard Posts