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.

TSX:DML - Post by User

Denison Mines Corp

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Comment by fergus2on May 14, 2013 10:33pm

89 Views

Post# 21392469

RE: RE: UUU

Purpleloft;

Thanks for that.

In retrospect it was surprising that the vote was so strongly in favour of acceptance given the offer price. When the buyer's intentions were announced I think they had little difficulty in purchasing many more shares( beyond their 51% stake at the time, on the open market. Possibly that may have contributed somewhat to the high approval %.

However, the release of these monies may have a beneficial effect if a portion of that money ends up being parked in some of the remaining important plays like DML, FCU and AMW. Any merit to that idea?

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They started in video game investing, now they serve high net worth traders