Other speculation: There is interesting rumor on the Yahoo messsage board concerning
speculation that DNN Denison's move to divest US assets to Energy Fuels
positions itself to be acquired by Cameco. Others have surmised RIO
would be interested in Denison because DNN has pecentage interest in
the Athabasca mill. JNR Resources JNN.V also has extensive joint
projects with Denison and could be considered a player in the basin?
I don't think you can arbitrage buying any explorer on the basis that
someone else will buy them. However, these mining companies in
Athabasca have never been cheaper and it seems obvious there will
be incentive by CCJ and RIO to do consolidation at these bargain prices.