Sitting Duck for a Takeover!At $6.75 per share, Denison has a market cap of only $1.27 billion
Compare this to Cameco or Paladin and this stock is WAY undervalued
when you consider their production of 2.8 million pounds in 2008
with contracted pricing of $90-95 per pound and a cost of $10 per lb.
Do the math and DML is the lowest cost producer with a projected EPS
of at least $1.00 per share giving a multiple of only 6 times earnings! Could be possible that GE or some other major nuclear
company will buy Denison in the near future....BUY and HOLD FOR
HUGE GAINS!!