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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
Comment by Born2Struggle2on Oct 10, 2016 11:05am
254 Views
Post# 25328038

RE:dml needs to find something other then uranium

RE:dml needs to find something other then uraniumDML manages UPC, Uranium Participation Corp, for a fee and operates Denison Environmental Services which does minesite reclamation. Both these enterprises generate cash, this is additional to the cash generating in their 22.5% ownership of the MaClean Lake Mill. 

Years ago, Densison owned interests in the White Rose oilfield - offshore Canadian East coast - and interests in a producing field in the Agean / Adriatic region - both were sold off. 

I believe that as far as shares currently outstanding the number is closer to 530million not a billion. Consolidation (reverse split) is a future risk.

Do you have a source for the 20 year supply of U? Many people on many boards would be interested in the answer to that question.

thnx
B2S2
Bullboard Posts