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Bullboard - Stock Discussion Forum 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... see more

TSX:DML - Post Discussion

Denison Mines Corp > Didn't realize
View:
Post by JYBJYB on Feb 16, 2021 4:06pm

Didn't realize

what i was entering here.  So much for my retracement theory.  Just when I think I'm figuring this stuff out I get humbled quickly.
I need to do ilittle more studying here as I am familiar with the sector but apparently don't know Jack about Denison.
Good luck everyone
Comment by 69Z28RS on Feb 16, 2021 4:15pm
No need to think anymore...you have entered Bizarro world...just buy...what could possibly go wrong.. 
Comment by RayDonovan78 on Feb 16, 2021 4:22pm
Good luck to you too, DML is just gambling right now, there is absolutely nothing that justifies the recent run-up. Check back 30-60 days. There are alot of good stable companies that pay a great dividend. 
Comment by JYBJYB on Feb 16, 2021 4:43pm
I expect some explosive moves with these companies. I just lucked into this timing. With few exceptions I generally don't buy on the way up.  I will stick with what I have and attempt to get some reasoning on an exit strategy to lock in profits. My nickname should be "sold too soon" as it is a habit of mine. Afraid of success i guess lol. I entered this initially to ride the ...more  
Comment by autofocus111 on Feb 16, 2021 7:21pm
Ray Not necessarily. This could be pure momo trading, but the moves could also be signaling that an acquisition or JV is in the works. DNN is greatly outpacing the other U names, so it's not just a speculative run on the sector. DNN has seen price/volume spikes before (I'm talking post-Fukushima), but none of those had the magnitude of the present move.
Comment by RayDonovan78 on Feb 16, 2021 8:42pm
Time will tell 50-60% of trading has been short volume over the last 30 days.
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