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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

Post by Danweldon Jan 02, 2021 10:32am
314 Views
Post# 32209226

Uranium Ralley

Uranium RalleyI have been in Uranium stocks now for roughly 15 years and I have heard a lot of sales pitches from the salesmen! In my foolishness I believed them! I bought stocks and made a pot full of money one them. And then I decide to sell and just before the crash in 2007 and I did, I never had one penny in the market. Then with in 2 weeks the markets all tanked and I listened to a friend of mine about all the doom and gloom predictions that the whole economy would tank and that was very unlikely! So I waited another 2 months and bought back in. I thought the market had bottomed!   But I was wrong It was just started to bottom and I lost 75% of my investment that year and on top of it I had to pay gains on my sales from 2 months before!   I was in the poor house!

   Last Thursday  I sold 35% of all my Uraniun Stocks  I made a nice profit! I Am not sure if the ralley will continue or not but I seen the volumes of sales slowly get smaller and smaller! And  I kept checking the weekly UXC price and it was stagnant! It made me feel uncomfortable but I still kept 65% hoping that I was wrong on my analyisis>.  Good Luck to all including myself! Happy 2021!

   
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