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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 Apr 09, 2013 1:45pm
225 Views
Post# 21232205

RE: RE: Short Position

RE: RE: Short Position

Are you referring to me? I'm not giving advice, I don't know the facts...my only point is that nobody does. The only way I can see being able to to protect myself against a set of unknowns  as a holder of uranium stocks is to hedge the industry while keeping the stocks I am interested in. If nothing happens, my short position isn't likely to cause me a headache and I can cover it after this fades (even if only temporarily), whereas if he does send even a dirty tipped missile towards Seoul, I will have my losses contained.

 

I have seen that DML's short position has grown as of late and I was wondering if there was a general correlation in the entire industry with the onset of NK's rhetoric.

Bullboard Posts