Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Metals & Mining Industrial Metals & Minerals

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.

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Denison Mines Corp

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Post by oxinoson Sep 23, 2009 3:58pm

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Post# 16332576

Short inerest in DML seems

to be increasing. This may mean we will see some retracement. I would not fight the renewed shorting activity. Let them short as the price keeps falling. Then when we get an upward move again, more of these shorting slime balls will get burned. Right now there is resistance to any rise above $2.30
With the short position well above 7.0 million shares, when we get any good news from Wheeler River shorters will trample each other to get in line to buy.

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