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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Comment by gillisron Feb 19, 2013 3:24pm

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Post# 21011846

RE: RE: RE: RE: fis halted

Anyone have a clue what this means for DML?

I am not a uranium engineer, but the market seems to think FIS is worth 10% more than it was yesterday which was already at a premium given the takeover potential. How is this going to affect the DML bid, will shareholders vote for it? Will it attract competing offers?

If I was a uranium engineer and able to describe just how significant this find is I would probably be able to determine whether or not a major would allow DML to scoop it up at the current offering.

Thoughts?

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