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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 fergus2on Jan 20, 2014 1:16pm
164 Views
Post# 22111866

RE: PDN the elephant in the room

RE: PDN the elephant in the room
The 25% sale of the Langer is dilution if not used to pay down the debt. If it is mostly used for debt servicing to run operations at these spot prices  it’s obviously poor allocation of capital. Pay the down the debt and mothball the mines and PDN shoots through a $1.00 easy,- not to mention what it would do for the whole complex.
That said, most surelysomething is  afoot. If it’s not PDN mothballing (unlikely imo) it’s gotta be something else…… and it may take us all by surprise.
But one thing is for certain for many of these stocks. The appraiser is in the building right frigging now!!!!!!—marking prices up.

P.S.That post by BcSilver:  
Best market timer and his subscribers into the sector”:)  
 Leibovit’s  call on CCO really was a killer  and still has some legs. 
Bullboard Posts