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 PUNJABIon Sep 20, 2012 10:08am

295 Views

Post# 20390237

Trade it ...........

The ones chasing the take out got sucked in the last pop. Any time there is a spike some would chase the stock. Good for traders to flip it. Last pop had put the RSI at 80 red hot over bought. A sell signal.

I do not buy the garbage of take out unless I see a constant trend or new release. Most of volume is the last pop was generated by traders. Some institutions were running Aglos which were mostly a wash.

Stay away from the stock at the time of announcement of financial results because they will be ugly & get uglier as time goes on. After some time if there is not buy out they will be doing financing to fund their development.

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