Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Metals & Mining Industrial Metals & Minerals

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.

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Denison Mines Corp

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Comment by PUNJABIon Jul 28, 2015 9:13am

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Post# 23966336

RE:Expalin why DML and FCU down so much?

It is a merger to two weak companies. Both are money losing companies & burning cash. Now they will be burning lot more cash. They will huge number of shares. There will be a big reverse split / consolidation of shares. Then stock will tank again. They will again issues more shares & the dilution will continue as usual for DML to fund their activities.

DML has a very poor track record of buying assets at huge premiums & then selling them at lower prices & locking in huge losses & deficits

Look at the last balance sheet of DML they have a deficit of 892 million which they have accumilated over the years.

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