Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Energy

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

Denison Mines Corp

Bullboard Posts

Post by Yellowline1on Mar 19, 2009 9:38pm

588 Views

Post# 15857470

Bnn link

Here's a clip with pres. from bnn today.

https://watch.bnn.ca/the-close/march-2009/the-close-march-19-2009/#clip151755

I took up a large position today starting at 0.85 and adding all the way to 1$.

Contributing factors

- undervalued relative to peers
- great assets
-I believe uranium spot will bounce due to supply and demand
-I think they can be a viable producer but if they flounder I believe they will be bought out at a premium (certainly higher than today's closing price)
Because of the above I believe downside is minimal.

Uranium stocks have been moving this week hat, uuu, pdn, mga, tue .... . I believe dml joins the parade in the comming days and weeks.

Cheers

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