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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
Comment by 42N8on May 26, 2009 4:03pm
484 Views
Post# 16017578

RE: Financing

RE: FinancingI am just a little po'd on the chain of events.
On a US holiday, DML decides to release great drilling results.
Canadian market agrees with the results, and buys on news.
I thought finally, deal with KEPCO for $'s and production, exceptional
drill results from WR, and no more dilution required.
Then before today's open of both markets, BAM!, financing at 14%
below the close.  Felt like a kick in the jewels. With the deal with
KEPCO, no one expected another financing. I can take the bumps
and bruises, but on this one I feel shafted, well orchestrated imo.
Now with the TSX +200 points and DML stuck at $2.12 after yesterday
$2.39 close. Not a happy camper.

Needed to vent!

42N8


Bullboard Posts