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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 gillisron Jun 13, 2013 2:55pm
238 Views
Post# 21529570

Uranium Outlook

Uranium Outlook

Most of my posts here have been to try and temper the confirmation bias towards Dennison's immediate buyout, nuclears certain and immediate explosion, I have been timing this stock up and down for the two years as I was expecting volatility.

 

I know this will come as a bit muted within a neverending chorus that uranium is about to explode. But I actually believe that there is going to be one major direction over the next few months. Many of the unknowns are finally getting pushed out of the way and clarity is coming back to this space. Now is actually a good time for a major to make a bid on Dennison while the clarity has come but the price is still cheap. I am entering a long position today and look forward to the upswing that I expect will happen gradually over the next six months, or even an immediate payoff due to a buy out.

 

GLTA

Bullboard Posts