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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
Post by slick0on Oct 01, 2008 10:19pm
458 Views
Post# 15498660

a few points

a few pointsDML is down because Uraniun prices have fallen.
Uranium prices have fallen because of demand destruction, and credit issues.
Nuclear plants need to borrow HUGE amounts of money for construction.
Where will this money come from?
 DML may have trouble securing credit [at a reasonable rate] to increase production.
If the economy slows down, less power will be needed.
As people have less money, they will be forced to reduce spending.
We are in for tough times.
Thjis bailout package is an attempt to stay the course.
The effort is doomed. Confidence is lost.
slick
Bullboard Posts