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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 PUNJABIon May 08, 2014 5:17pm
396 Views
Post# 22540972

U308 @ $29 & DML burning lot of cash

U308 @ $29 & DML burning lot of cashThe situation does not look good for this stock in  the short term. With U308 price @ $29 invesotors will stay clear of the sector till some Japnese reactors come on line & U308 start rebounding. Did not expect it break below $30 so fast.

If U308 continues to drift we may see this stock around a $1.00

Bullboard Posts