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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 cartach13on Feb 08, 2011 10:32am
685 Views
Post# 18093459

RE: RE: Valuation

RE: RE: ValuationWhy would anyone consider selling when the next big round of ongoing uranium price rises will be as a result of the mega plans by numerous countries to embark on nuclear reactor construction? The price increases from about $40 started 2-3 months ago and are as a result of commitments made by numerous countries to go nuclear. As more and more countries stock pile to ensure they have enough to feed their reactors when they come on stream a few years from now, the price of uranium will continue to rise. The last big bump up in prices was very short lived and was not based on any firm plans by user countries i.e., demand but on concerns about supply. this one is quite different and probably means price increases will be slower but steadier. However there are great possibilities for ML's  SP to triple or more in value. It's the ideal investment for the long term investor and the ideal time to get in on the action. Not a good place for flip floppers.
Bullboard Posts