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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 gillisron Jan 17, 2013 2:00pm
342 Views
Post# 20852258

RE: RE: RE: RE: RE: UUU dead horse

RE: RE: RE: RE: RE: UUU dead horse

You could have written the same message amongst the same degree of media and bulletin board hype at least 5 times over the past 2 years. Maybe I'll miss out on this run, but with uranium spot prices at all time lows, Dennison is also at is furthest point in history from generating an internal profit. and becoming a real company.  

 

They are trying to pretty themselves up desperately right now because getting bought out is the only option they have left on the table. Problem is, all the majors know this, they will wait until they can swarm around the carcas when nobody is looking to jump on them. DML is currently trading what they know is an inflated stock value for shares of FIS because they don't have any real capital or borrowing potential to finance the deal.

 

 Have fun watching this stock slowly get more and more affordable over the next few months. This time I think I'll re-enter around 1.30-1.35 depending on the downward momentum

Bullboard Posts