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 fergus2on Apr 02, 2013 12:25am

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Post# 21196015

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The point is that nobody has come forward to offer FIS 65-70 million in hard cash for those incidental properties, probably because an exchange of stock is about the only real form of money in this industry right now. And if DML is somewhat undervalued, in a few months that stock could be more attractively priced for an even bigger windfall for FIS shareholders. So the answer to Alibongos last part is that any FIS shareholders that receive DML stock WILL NOT LIKELY SELL their shares until they see higher prices in DML.

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