RE: One more timeTeam1, I concur with your opinion on denison's u.s. mill. it would take several years just to get a PERMIT to build one from scratch in the u.s., and theirs is up and running and is now being beefed up. i thnk they are talking about producing three million pounds of yellowcake a year there within a couple of years, aren't they?
Also denison's one fifth share in the canadian mill is a huge plus in itself. that mill is very modern and was being expanded to take care of cameco's huge cigar lake dig starting in 2008, until cameco's mine flooded. With cameco flooded out at cigar lake, I think that means extra availability for dension and areva as they dig out their midwest property as a strip mine in 2008. in other words, extra profits we aren't even thinking about yet!
re the midwest property: denison has a load of good properties in various stages of development. but it doesnt get any better than having Areva as your development partner at the midwest property where you are showing multiple, thick intersections of ore with well in excess of 10 percent uranium!! read the releases! Midwest has three kinds of u308 mineralization in one package. it sounds like an awesome property to me!
Regards, Michael