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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 Techno8on Jun 06, 2013 12:49pm
194 Views
Post# 21492999

FCU is using its current popularity to squeeze out

FCU is using its current popularity to squeeze out

FCU is putting shareholder money to work to back court room costs associated with pressuring surrounding juniors to back out of previous acquisitions.
The first in a potentially long line of strong arm tactics, to acquire properties, in the hot Saskatchewan uranium zone, is underway.
I am bringing this to light, to let would be investors know what they are getting themselves into, when they sign on with FCU. As famously known, karma can be a reward and also debilitating, is the risk worth a small % upside?
Provided below is just an insight into just one of FCU's recent leverages into giving up a total of 8 claims legally acquired by LK. The lawyer battles that ensued were overwhelming for the junior uranium upsart. The financial damage that followed the lawyer battles, took LK to the point where they could no longer hold on to the 8 claims, in fear of losing most if not all of its current shareholder value.
Point in case:
See : Termination of Non-Binding LOI with 877384 Alberta Ltd
More to follow...
Bullboard Posts