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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
Post by puntabeachon Jun 04, 2013 4:05am
497 Views
Post# 21479722

DML and THE SECTOR

DML and THE SECTOR

This   recent  article   from SeekingAlpha   below   has   some    interesting    notes   about  Lundin  family   and  his   stake  in    DML .  It  is  also  posted   under   AOIFF   ticker   at  Yahoo   finance  as  Lundin  owns  Africa   Oil   too. 

 

https://seekingalpha.com/article/1476611-5-speculative-energy-plays-with-near-term-catalysts-for-the-thrill-seeking-investors

 

In terms of DML stock performance,  DML can not rise alone. The sector has to turn upwards too and the uranium price  has  to  rise  first  before   we  see  a  sustainable  move   in  DML. This  will  happen  but  it  will  take  time.

I  believe  DML  is  in a  consolidation  period  now  and  it  is  good  only  for  trading   currently. jmho. 

Bullboard Posts